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Currency Statistics > PPP conversion factor to official exchange rate ratio (2001) by country

VIEW DATA:   Totals  
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Showing values for 2001. Select another time period:
Rank   Countries  Amount  Date  
# 1     Japan: 1.2   2001 Time series
# 2     Lebanon: 1.09   2001 Time series
# 3     Switzerland: 1.08   2001 Time series
# 4     Norway: 1.05   2001 Time series
# 5     Denmark: 1.02   2001 Time series
# 6     United States: 1   2001 Time series
# 7     Bahamas, The: 0.99   2001 Time series
# 8     Iceland: 0.93   2001 Time series
# 9     Hong Kong: 0.93   2001 Time series
# 10     Luxembourg: 0.92   2001 Time series
# 11     Sweden: 0.92   2001 Time series
# 12     United Arab Emirates: 0.9   2001 Time series
# 13     Singapore: 0.9   2001 Time series
# 14     Antigua and Barbuda: 0.89   2001 Time series
# 15     Germany: 0.88   2001 Time series
# 16     Ireland: 0.88   2001 Time series
# 17     Finland: 0.88   2001 Time series
# 18     United Kingdom: 0.86   2001 Time series
# 19     Netherlands: 0.85   2001 Time series
# 20     Jamaica: 0.85   2001 Time series
# 21     France: 0.84   2001 Time series
# 22     Venezuela: 0.83   2001 Time series
# 23     Austria: 0.82   2001 Time series
# 24     Belgium: 0.8   2001 Time series
# 25     Canada: 0.8   2001 Time series
# 26     Kuwait: 0.79   2001 Time series
# 27     Israel: 0.77   2001 Time series
# 28     Saint Lucia: 0.75   2001 Time series
# 29     Italy: 0.74   2001 Time series
# 30     Australia: 0.73   2001 Time series
# 31     Congo, Republic of the: 0.72   2001 Time series
# 32     Equatorial Guinea: 0.72   2001 Time series
# 33     Bahrain: 0.71   2001 Time series
# 34     Trinidad and Tobago: 0.71   2001 Time series
# 35     Mexico: 0.68   2001 Time series
# 36     Macau: 0.67   2001 Time series
# 37     Cyprus: 0.67   2001 Time series
# 38     Saint Kitts and Nevis: 0.67   2001 Time series
# 39     Dominica: 0.66   2001 Time series
# 40     New Zealand: 0.64   2001 Time series
# 41     Panama: 0.64   2001 Time series
# 42     Uruguay: 0.64   2001 Time series
# 43     Spain: 0.64   2001 Time series
# 44     Saudi Arabia: 0.63   2001 Time series
# 45     Argentina: 0.62   2001 Time series
# 46     Portugal: 0.6   2001 Time series
# 47     Yemen: 0.6   2001 Time series
# 48     Korea, South: 0.6   2001 Time series
# 49     Greece: 0.59   2001 Time series
# 50     Oman: 0.59   2001 Time series
# 51     Belize: 0.57   2001 Time series
# 52     Saint Vincent and the Grenadines: 0.56   2001 Time series
# 53     Slovenia: 0.56   2001 Time series
# 54     Malta: 0.55   2001 Time series
# 55     Grenada: 0.55   2001 Time series
# 56     Gabon: 0.53   2001 Time series
# 57     Ecuador: 0.5   2001 Time series
# 58     Costa Rica: 0.49   2001 Time series
# 59     Tanzania: 0.48   2001 Time series
# 60     El Salvador: 0.46   2001 Time series
# 61     Chile: 0.46   2001 Time series
# 62     Poland: 0.45   2001 Time series
# 63     Nigeria: 0.45   2001 Time series
# 64     Croatia: 0.45   2001 Time series
# 65     Seychelles: 0.45   2001 Time series
# 66     Guatemala: 0.44   2001 Time series
# 67     Peru: 0.43   2001 Time series
# 68     Malaysia: 0.43   2001 Time series
# 69     Estonia: 0.43   2001 Time series
# 70     Angola: 0.42   2001 Time series
# 71     Jordan: 0.42   2001 Time series
# 72     Djibouti: 0.41   2001 Time series
# 73     Zambia: 0.4   2001 Time series
# 74     Latvia: 0.4   2001 Time series
# 75     Egypt: 0.39   2001 Time series
# 76     Brazil: 0.39   2001 Time series
# 77     Bolivia: 0.39   2001 Time series
# 78     Vanuatu: 0.39   2001 Time series
# 79     Côte d'Ivoire: 0.39   2001 Time series
# 80     Kenya: 0.39   2001 Time series
# 81     Czech Republic: 0.38   2001 Time series
# 82     Botswana: 0.38   2001 Time series
# 83     Fiji: 0.38   2001 Time series
# 84     Dominican Republic: 0.37   2001 Time series
# 85     Hungary: 0.37   2001 Time series
# 86     Mauritius: 0.37   2001 Time series
# 87     Solomon Islands: 0.37   2001 Time series
# 88     Lithuania: 0.37   2001 Time series
# 89     Turkey: 0.35   2001 Time series
# 90     Syria: 0.35   2001 Time series
# 91     Albania: 0.33   2001 Time series
# 92     Zimbabwe: 0.33   2001 Time series
# 93     Honduras: 0.33   2001 Time series
# 94     Slovakia: 0.33   2001 Time series
# 95     Algeria: 0.32   2001 Time series
# 96     Georgia: 0.32   2001 Time series
# 97     Cameroon: 0.32   2001 Time series
# 98     Colombia: 0.32   2001 Time series
# 99     Sierra Leone: 0.32   2001 Time series
# 100     Benin: 0.31   2001 Time series
# 101     Madagascar: 0.31   2001 Time series
# 102     Micronesia, Federated States of: 0.31   2001 Time series
# 103     Morocco: 0.31   2001 Time series
# 104     Tunisia: 0.31   2001 Time series
# 105     Suriname: 0.3   2001 Time series
# 106     Macedonia, Republic of: 0.29   2001 Time series
# 107     Iran: 0.29   2001 Time series
# 108     South Africa: 0.29   2001 Time series
# 109     Senegal: 0.29   2001 Time series
# 110     Uzbekistan: 0.29   2001 Time series
# 111     Kazakhstan: 0.29   2001 Time series
# 112     Namibia: 0.28   2001 Time series
# 113     Romania: 0.28   2001 Time series
# 114     Haiti: 0.28   2001 Time series
# 115     Paraguay: 0.28   2001 Time series
# 116     Thailand: 0.28   2001 Time series
# 117     Swaziland: 0.28   2001 Time series
# 118     Russia: 0.28   2001 Time series
# 119     Mongolia: 0.27   2001 Time series
# 120     Samoa: 0.27   2001 Time series
# 121     Pakistan: 0.26   2001 Time series
# 122     Malawi: 0.26   2001 Time series
# 123     Indonesia: 0.26   2001 Time series
# 124     Bulgaria: 0.26   2001 Time series
# 125     Mali: 0.25   2001 Time series
# 126     Nicaragua: 0.25   2001 Time series
# 127     Azerbaijan: 0.25   2001 Time series
# 128     Sudan: 0.25   2001 Time series
# 129     Armenia: 0.25   2001 Time series
# 130     Cape Verde: 0.25   2001 Time series
# 131     Philippines: 0.24   2001 Time series
# 132     Belarus: 0.24   2001 Time series
# 133     Papua New Guinea: 0.24   2001 Time series
# 134     China: 0.24   2001 Time series
# 135     Moldova: 0.24   2001 Time series
# 136     Guyana: 0.23   2001 Time series
# 137     Burkina Faso: 0.23   2001 Time series
# 138     Chad: 0.23   2001 Time series
# 139     Sri Lanka: 0.23   2001 Time series
# 140     Mozambique: 0.22   2001 Time series
# 141     Niger: 0.22   2001 Time series
# 142     Bangladesh: 0.22   2001 Time series
# 143     Comoros: 0.22   2001 Time series
# 144     Mauritania: 0.21   2001 Time series
# 145     Rwanda: 0.21   2001 Time series
# 146     Laos: 0.2   2001 Time series
# 147     Central African Republic: 0.2   2001 Time series
# 148     Tajikistan: 0.2   2001 Time series
# 149     Kyrgyzstan: 0.19   2001 Time series
# 150     Vietnam: 0.19   2001 Time series
# 151     Uganda: 0.19   2001 Time series
# 152     Tonga: 0.19   2001 Time series
# 153     Gambia, The: 0.18   2001 Time series
# 154     India: 0.18   2001 Time series
# 155     Togo: 0.18   2001 Time series
# 156     São Tomé and Príncipe: 0.18   2001 Time series
# 157     Ukraine: 0.17   2001 Time series
# 158     Guinea: 0.17   2001 Time series
# 159     Lesotho: 0.16   2001 Time series
# 160     Nepal: 0.16   2001 Time series
# 161     Guinea-Bissau: 0.16   2001 Time series
# 162     Eritrea: 0.16   2001 Time series
# 163     Congo, Democratic Republic of the: 0.16   2001 Time series
# 164     Cambodia: 0.16   2001 Time series
# 165     Burundi: 0.15   2001 Time series
# 166     Ethiopia: 0.14   2001 Time series
# 167     Ghana: 0.13   2001 Time series
# 168     Kiribati: 0.11   2001 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 (2001) 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=2001

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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
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