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Currency Statistics > PPP conversion factor to official exchange rate ratio (1999) by country

VIEW DATA:   Totals  
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Showing values for 1999. Select another time period:
Rank   Countries  Amount  Date  
# 1     Japan: 1.38   1999 Time series
# 2     Switzerland: 1.25   1999 Time series
# 3     Lebanon: 1.2   1999 Time series
# 4     Denmark: 1.2   1999 Time series
# 5     Sweden: 1.16   1999 Time series
# 6     Iceland: 1.16   1999 Time series
# 7     Luxembourg: 1.13   1999 Time series
# 8     Germany: 1.09   1999 Time series
# 9     Norway: 1.08   1999 Time series
# 10     Hong Kong: 1.05   1999 Time series
# 11     Finland: 1.03   1999 Time series
# 12     France: 1.01   1999 Time series
# 13     United States: 1   1999 Time series
# 14     Austria: 0.98   1999 Time series
# 15     Singapore: 0.98   1999 Time series
# 16     Ireland: 0.98   1999 Time series
# 17     United Kingdom: 0.98   1999 Time series
# 18     Belgium: 0.97   1999 Time series
# 19     Netherlands: 0.97   1999 Time series
# 20     Bahamas, The: 0.96   1999 Time series
# 21     Italy: 0.88   1999 Time series
# 22     Antigua and Barbuda: 0.88   1999 Time series
# 23     Australia: 0.88   1999 Time series
# 24     Jamaica: 0.86   1999 Time series
# 25     United Arab Emirates: 0.85   1999 Time series
# 26     Canada: 0.83   1999 Time series
# 27     Israel: 0.79   1999 Time series
# 28     New Zealand: 0.79   1999 Time series
# 29     Saint Lucia: 0.78   1999 Time series
# 30     Cyprus: 0.78   1999 Time series
# 31     Kuwait: 0.75   1999 Time series
# 32     Venezuela: 0.74   1999 Time series
# 33     Spain: 0.74   1999 Time series
# 34     Uruguay: 0.73   1999 Time series
# 35     Macau: 0.72   1999 Time series
# 36     Congo, Republic of the: 0.72   1999 Time series
# 37     Greece: 0.7   1999 Time series
# 38     Portugal: 0.7   1999 Time series
# 39     Slovenia: 0.69   1999 Time series
# 40     Dominica: 0.68   1999 Time series
# 41     Bahrain: 0.68   1999 Time series
# 42     Panama: 0.67   1999 Time series
# 43     Saint Kitts and Nevis: 0.65   1999 Time series
# 44     Korea, South: 0.65   1999 Time series
# 45     Argentina: 0.64   1999 Time series
# 46     Trinidad and Tobago: 0.63   1999 Time series
# 47     Saudi Arabia: 0.61   1999 Time series
# 48     Belize: 0.59   1999 Time series
# 49     Malta: 0.58   1999 Time series
# 50     Gabon: 0.58   1999 Time series
# 51     Mexico: 0.58   1999 Time series
# 52     Saint Vincent and the Grenadines: 0.57   1999 Time series
# 53     Grenada: 0.56   1999 Time series
# 54     Oman: 0.55   1999 Time series
# 55     Chile: 0.55   1999 Time series
# 56     Yemen: 0.54   1999 Time series
# 57     Tanzania: 0.51   1999 Time series
# 58     Croatia: 0.51   1999 Time series
# 59     Costa Rica: 0.51   1999 Time series
# 60     Uzbekistan: 0.49   1999 Time series
# 61     Seychelles: 0.49   1999 Time series
# 62     Estonia: 0.48   1999 Time series
# 63     Côte d'Ivoire: 0.47   1999 Time series
# 64     Fiji: 0.46   1999 Time series
# 65     Brazil: 0.46   1999 Time series
# 66     Turkey: 0.46   1999 Time series
# 67     Malaysia: 0.45   1999 Time series
# 68     El Salvador: 0.45   1999 Time series
# 69     Peru: 0.44   1999 Time series
# 70     Vanuatu: 0.44   1999 Time series
# 71     Bolivia: 0.44   1999 Time series
# 72     Poland: 0.44   1999 Time series
# 73     Ecuador: 0.44   1999 Time series
# 74     Jordan: 0.43   1999 Time series
# 75     Guatemala: 0.43   1999 Time series
# 76     Botswana: 0.42   1999 Time series
# 77     Kenya: 0.42   1999 Time series
# 78     Latvia: 0.42   1999 Time series
# 79     Djibouti: 0.41   1999 Time series
# 80     Czech Republic: 0.41   1999 Time series
# 81     Egypt: 0.41   1999 Time series
# 82     Hungary: 0.4   1999 Time series
# 83     Zambia: 0.39   1999 Time series
# 84     Equatorial Guinea: 0.39   1999 Time series
# 85     Mauritius: 0.39   1999 Time series
# 86     Lithuania: 0.38   1999 Time series
# 87     Suriname: 0.38   1999 Time series
# 88     Morocco: 0.37   1999 Time series
# 89     South Africa: 0.37   1999 Time series
# 90     Tunisia: 0.37   1999 Time series
# 91     Benin: 0.37   1999 Time series
# 92     Nigeria: 0.37   1999 Time series
# 93     Solomon Islands: 0.36   1999 Time series
# 94     Colombia: 0.36   1999 Time series
# 95     Dominican Republic: 0.35   1999 Time series
# 96     Slovakia: 0.35   1999 Time series
# 97     Senegal: 0.34   1999 Time series
# 98     Sierra Leone: 0.34   1999 Time series
# 99     Haiti: 0.34   1999 Time series
# 100     Thailand: 0.34   1999 Time series
# 101     Swaziland: 0.33   1999 Time series
# 102     Albania: 0.33   1999 Time series
# 103     Angola: 0.32   1999 Time series
# 104     Namibia: 0.32   1999 Time series
# 105     Paraguay: 0.32   1999 Time series
# 106     Macedonia, Republic of: 0.32   1999 Time series
# 107     Micronesia, Federated States of: 0.31   1999 Time series
# 108     Samoa: 0.31   1999 Time series
# 109     Honduras: 0.31   1999 Time series
# 110     Cape Verde: 0.31   1999 Time series
# 111     Georgia: 0.31   1999 Time series
# 112     Syria: 0.31   1999 Time series
# 113     Algeria: 0.31   1999 Time series
# 114     Mali: 0.3   1999 Time series
# 115     Iran: 0.3   1999 Time series
# 116     Bulgaria: 0.29   1999 Time series
# 117     Madagascar: 0.29   1999 Time series
# 118     Mozambique: 0.29   1999 Time series
# 119     Kazakhstan: 0.29   1999 Time series
# 120     Romania: 0.28   1999 Time series
# 121     Papua New Guinea: 0.28   1999 Time series
# 122     Rwanda: 0.28   1999 Time series
# 123     Philippines: 0.27   1999 Time series
# 124     Malawi: 0.27   1999 Time series
# 125     Belarus: 0.27   1999 Time series
# 126     Armenia: 0.27   1999 Time series
# 127     Nicaragua: 0.26   1999 Time series
# 128     Pakistan: 0.26   1999 Time series
# 129     Azerbaijan: 0.26   1999 Time series
# 130     Burkina Faso: 0.26   1999 Time series
# 131     Bangladesh: 0.25   1999 Time series
# 132     Mauritania: 0.25   1999 Time series
# 133     Niger: 0.25   1999 Time series
# 134     Sri Lanka: 0.25   1999 Time series
# 135     Indonesia: 0.25   1999 Time series
# 136     Mongolia: 0.25   1999 Time series
# 137     Tonga: 0.25   1999 Time series
# 138     Comoros: 0.25   1999 Time series
# 139     Guyana: 0.24   1999 Time series
# 140     Tajikistan: 0.24   1999 Time series
# 141     Central African Republic: 0.24   1999 Time series
# 142     China: 0.24   1999 Time series
# 143     Chad: 0.24   1999 Time series
# 144     Sudan: 0.23   1999 Time series
# 145     Uganda: 0.23   1999 Time series
# 146     Gambia, The: 0.22   1999 Time series
# 147     Guinea: 0.22   1999 Time series
# 148     Togo: 0.22   1999 Time series
# 149     Moldova: 0.22   1999 Time series
# 150     Guinea-Bissau: 0.21   1999 Time series
# 151     Russia: 0.21   1999 Time series
# 152     Ghana: 0.21   1999 Time series
# 153     India: 0.2   1999 Time series
# 154     São Tomé and Príncipe: 0.2   1999 Time series
# 155     Lesotho: 0.2   1999 Time series
# 156     Laos: 0.2   1999 Time series
# 157     Vietnam: 0.2   1999 Time series
# 158     Turkmenistan: 0.19   1999 Time series
# 159     Burundi: 0.19   1999 Time series
# 160     Kyrgyzstan: 0.18   1999 Time series
# 161     Cambodia: 0.18   1999 Time series
# 162     Zimbabwe: 0.18   1999 Time series
# 163     Eritrea: 0.17   1999 Time series
# 164     Ukraine: 0.17   1999 Time series
# 165     Nepal: 0.17   1999 Time series
# 166     Ethiopia: 0.16   1999 Time series
# 167     Congo, Democratic Republic of the: 0.15   1999 Time series
# 168     Kiribati: 0.14   1999 Time series
Weighted average: 0.5  


DEFINITION: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.

SOURCE: World Development Indicators database

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CITATION

"PPP conversion factor to official exchange rate ratio (1999) by country", World Development Indicators database. Retrieved from http://www.NationMaster.com/graph/cur_ppp_con_fac_to_off_exc_rat_rat-factor-official-exchange-rate-ratio&date=1999

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COMMENTARY     

Andras
30th March 2011 		The definition is wrong.

"DEFINITION: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States."

Hungary's conversion factor is 0.61, for example. According to the above definition, I'd need 0.61 Hungarian forints to buy the same amount of goods / services in the domestic market that a USD would buy in the US. But 0.61 forints is worth absolutely nothing --it's less than 1 cent.

The definition should read:

DEFINITION: Purchasing power parity conversion factor is the number of units of ***U.S. dollars*** required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States.
je
13th June 2010 		I don't understand it.
When I look at the IMF and world bank data I receive different numbers and different factors than the one here.
Are you sure this is correct numbers???
shaft (malaysia)
8th February 2009 		i want the PPP conversion factor to official exchange rate ratio for UAE from 2006 to
thank you
There are 2 more (non-authoritative) comments on this page

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