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PPP CONVERSION FACTOR TO OFFICIAL EXCHANGE RATE RATIO CURRENCY

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Currency Statistics > PPP conversion factor to official exchange rate ratio (2005) by country

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Showing values for 2005. Select another time period:
Rank   Countries  Amount  Date  
# 1     Norway: 1.54   2005 Time series
# 2     Iceland: 1.46   2005 Time series
# 3     Denmark: 1.41   2005 Time series
# 4     Switzerland: 1.38   2005 Time series
# 5     Luxembourg: 1.33   2005 Time series
# 6     Ireland: 1.26   2005 Time series
# 7     Sweden: 1.22   2005 Time series
# 8     Kuwait: 1.21   2005 Time series
# 9     Netherlands: 1.17   2005 Time series
# 10     Finland: 1.15   2005 Time series
# 11     France: 1.15   2005 Time series
# 12     Germany: 1.15   2005 Time series
# 13     Australia: 1.13   2005 Time series
# 14     Japan: 1.13   2005 Time series
# 15     United Arab Emirates: 1.12   2005 Time series
# 16     United Kingdom: 1.1   2005 Time series
# 17     Belgium: 1.1   2005 Time series
# 18     Austria: 1.1   2005 Time series
# 19     Lebanon: 1.1   2005 Time series
# 20     New Zealand: 1.07   2005 Time series
# 21     Italy: 1.05   2005 Time series
# 22     Canada: 1.03   2005 Time series
# 23     Congo, Republic of the: 1.01   2005 Time series
# 24     United States: 1   2005 Time series
# 25     Spain: 0.95   2005 Time series
# 26     Singapore: 0.91   2005 Time series
# 27     Angola: 0.88   2005 Time series
# 28     Greece: 0.87   2005 Time series
# 29     Portugal: 0.85   2005 Time series
# 30     Jamaica: 0.84   2005 Time series
# 31     Gabon: 0.84   2005 Time series
# 32     Bahrain: 0.83   2005 Time series
# 33     Saudi Arabia: 0.8   2005 Time series
# 34     Venezuela: 0.8   2005 Time series
# 35     Slovenia: 0.77   2005 Time series
# 36     Yemen: 0.77   2005 Time series
# 37     Trinidad and Tobago: 0.75   2005 Time series
# 38     Korea, South: 0.74   2005 Time series
# 39     Hong Kong: 0.73   2005 Time series
# 40     Malta: 0.72   2005 Time series
# 41     Israel: 0.69   2005 Time series
# 42     Mexico: 0.69   2005 Time series
# 43     Nigeria: 0.67   2005 Time series
# 44     Croatia: 0.66   2005 Time series
# 45     Ecuador: 0.64   2005 Time series
# 46     Panama: 0.63   2005 Time series
# 47     Estonia: 0.63   2005 Time series
# 48     Hungary: 0.61   2005 Time series
# 49     Zambia: 0.61   2005 Time series
# 50     Turkey: 0.6   2005 Time series
# 51     Chile: 0.59   2005 Time series
# 52     Czech Republic: 0.59   2005 Time series
# 53     Poland: 0.57   2005 Time series
# 54     Saint Vincent and the Grenadines: 0.55   2005 Time series
# 55     Guatemala: 0.55   2005 Time series
# 56     Côte d'Ivoire: 0.55   2005 Time series
# 57     Slovakia: 0.54   2005 Time series
# 58     Belize: 0.53   2005 Time series
# 59     Fiji: 0.53   2005 Time series
# 60     Lithuania: 0.52   2005 Time series
# 61     Brazil: 0.51   2005 Time series
# 62     Seychelles: 0.51   2005 Time series
# 63     Swaziland: 0.5   2005 Time series
# 64     Albania: 0.5   2005 Time series
# 65     Latvia: 0.5   2005 Time series
# 66     Vanuatu: 0.5   2005 Time series
# 67     Romania: 0.5   2005 Time series
# 68     Uruguay: 0.49   2005 Time series
# 69     Russia: 0.49   2005 Time series
# 70     Kazakhstan: 0.48   2005 Time series
# 71     El Salvador: 0.47   2005 Time series
# 72     Malaysia: 0.47   2005 Time series
# 73     Botswana: 0.47   2005 Time series
# 74     Peru: 0.47   2005 Time series
# 75     South Africa: 0.46   2005 Time series
# 76     Costa Rica: 0.45   2005 Time series
# 77     Cameroon: 0.45   2005 Time series
# 78     Benin: 0.45   2005 Time series
# 79     Kenya: 0.44   2005 Time series
# 80     Algeria: 0.44   2005 Time series
# 81     Georgia: 0.42   2005 Time series
# 82     Jordan: 0.42   2005 Time series
# 83     Tanzania: 0.42   2005 Time series
# 84     Djibouti: 0.41   2005 Time series
# 85     Dominican Republic: 0.4   2005 Time series
# 86     Namibia: 0.4   2005 Time series
# 87     Mauritius: 0.4   2005 Time series
# 88     Macedonia, Republic of: 0.39   2005 Time series
# 89     Chad: 0.39   2005 Time series
# 90     Senegal: 0.39   2005 Time series
# 91     Suriname: 0.39   2005 Time series
# 92     Bulgaria: 0.38   2005 Time series
# 93     Mali: 0.38   2005 Time series
# 94     Morocco: 0.38   2005 Time series
# 95     Belarus: 0.38   2005 Time series
# 96     Colombia: 0.37   2005 Time series
# 97     Syria: 0.36   2005 Time series
# 98     Sudan: 0.36   2005 Time series
# 99     Bolivia: 0.36   2005 Time series
# 100     Mongolia: 0.35   2005 Time series
# 101     Iran: 0.35   2005 Time series
# 102     Samoa: 0.35   2005 Time series
# 103     Tunisia: 0.34   2005 Time series
# 104     Honduras: 0.34   2005 Time series
# 105     Indonesia: 0.34   2005 Time series
# 106     Argentina: 0.33   2005 Time series
# 107     Papua New Guinea: 0.33   2005 Time series
# 108     Moldova: 0.33   2005 Time series
# 109     Cape Verde: 0.33   2005 Time series
# 110     Armenia: 0.33   2005 Time series
# 111     Burkina Faso: 0.32   2005 Time series
# 112     Thailand: 0.32   2005 Time series
# 113     Comoros: 0.32   2005 Time series
# 114     Niger: 0.31   2005 Time series
# 115     Solomon Islands: 0.31   2005 Time series
# 116     Pakistan: 0.3   2005 Time series
# 117     Haiti: 0.3   2005 Time series
# 118     Azerbaijan: 0.3   2005 Time series
# 119     Madagascar: 0.29   2005 Time series
# 120     Micronesia, Federated States of: 0.29   2005 Time series
# 121     Central African Republic: 0.28   2005 Time series
# 122     Egypt: 0.28   2005 Time series
# 123     Sierra Leone: 0.27   2005 Time series
# 124     Mozambique: 0.27   2005 Time series
# 125     Mauritania: 0.27   2005 Time series
# 126     Ukraine: 0.26   2005 Time series
# 127     Tajikistan: 0.26   2005 Time series
# 128     Paraguay: 0.26   2005 Time series
# 129     Uzbekistan: 0.26   2005 Time series
# 130     Tonga: 0.26   2005 Time series
# 131     Sri Lanka: 0.26   2005 Time series
# 132     Kyrgyzstan: 0.25   2005 Time series
# 133     China: 0.25   2005 Time series
# 134     Lesotho: 0.24   2005 Time series
# 135     Nicaragua: 0.24   2005 Time series
# 136     Malawi: 0.24   2005 Time series
# 137     Laos: 0.24   2005 Time series
# 138     Togo: 0.24   2005 Time series
# 139     Guinea-Bissau: 0.23   2005 Time series
# 140     Guyana: 0.23   2005 Time series
# 141     Philippines: 0.23   2005 Time series
# 142     São Tomé and Príncipe: 0.21   2005 Time series
# 143     India: 0.21   2005 Time series
# 144     Vietnam: 0.21   2005 Time series
# 145     Uganda: 0.21   2005 Time series
# 146     Bangladesh: 0.21   2005 Time series
# 147     Rwanda: 0.2   2005 Time series
# 148     Ghana: 0.2   2005 Time series
# 149     Eritrea: 0.2   2005 Time series
# 150     Nepal: 0.18   2005 Time series
# 151     Kiribati: 0.17   2005 Time series
# 152     Congo, Democratic Republic of the: 0.17   2005 Time series
# 153     Gambia, The: 0.16   2005 Time series
# 154     Cambodia: 0.16   2005 Time series
# 155     Ethiopia: 0.15   2005 Time series
# 156     Burundi: 0.15   2005 Time series
# 157     Guinea: 0.15   2005 Time series
# 158     Zimbabwe: 0.13   2005 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

See also

See this stat for year: 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975

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CITATION

"PPP conversion factor to official exchange rate ratio (2005) 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=2005

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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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