Former British colonies Compared by Economy > Purchasing power parity > PPP conversion factor > GDP to market exchange rate ratio

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. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, 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.".

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#	COUNTRY	AMOUNT	DATE
1	Australia	1.08	2009
2	Canada	1.04	2009
3	New Zealand	1.01	2009
4	United States	1	2009
5	Israel	0.95	2009
6	Kuwait	0.89	2007
=7	Maldives	0.87	2009
=7	United Arab Emirates	0.87	2009
9	Bahrain	0.8	2008
=10	Qatar	0.76	2009
=10	Saint Kitts and Nevis	0.76	2009
12	Jordan	0.75	2009
13	Fiji	0.73	2009
=14	Grenada	0.72	2009
=14	Singapore	0.72	2009
16	Ghana	0.71	2009
=17	Antigua and Barbuda	0.69	2009
=17	Zambia	0.69	2009
19	Namibia	0.67	2009
=20	Trinidad and Tobago	0.62	2009
=20	Barbados	0.62	2005
=22	Belize	0.61	2009
=22	Brunei	0.61	2006
=24	Sudan	0.59	2009
=24	Jamaica	0.59	2009
26	Dominica	0.58	2009
27	Saint Lucia	0.57	2009
28	Lesotho	0.52	2009
=29	Swaziland	0.51	2009
=29	Nigeria	0.51	2009
31	Malaysia	0.5	2009
32	Guyana	0.49	2008
33	Kenya	0.47	2009
34	Botswana	0.45	2009
35	Sri Lanka	0.43	2009
36	Sierra Leone	0.42	2009
37	Uganda	0.4	2009
38	Bangladesh	0.39	2009
=39	Tanzania	0.38	2009
=39	Malawi	0.38	2009
41	Pakistan	0.37	2009
=42	India	0.35	2009
=42	Bhutan	0.35	2009
44	The Gambia	0.3	2009

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