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Muslim countries Compared by Economy > Currency > PPP conversion factor to official 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. 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.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Kuwait 1.21 2005
2 United Arab Emirates 1.12 2005
3 Lebanon 1.1 2005
4 Bahrain 0.83 2005
5 Saudi Arabia 0.8 2005
6 Yemen 0.77 2005
7 Nigeria 0.67 2005
8 Oman 0.63 2004
9 Turkey 0.6 2005
10 Albania 0.5 2005
11 Kazakhstan 0.48 2005
12 Malaysia 0.47 2005
13 Algeria 0.44 2005
14 Jordan 0.42 2005
15 Djibouti 0.41 2005
=16 Chad 0.39 2005
=16 Senegal 0.39 2005
=18 Mali 0.38 2005
=18 Morocco 0.38 2005
=20 Sudan 0.36 2005
=20 Syria 0.36 2005
22 Iran 0.35 2005
=23 Tunisia 0.34 2005
=23 Indonesia 0.34 2005
=25 Burkina Faso 0.32 2005
=25 Comoros 0.32 2005
27 Niger 0.31 2005
=28 Pakistan 0.3 2005
=28 Azerbaijan 0.3 2005
30 Egypt 0.28 2005
=31 Sierra Leone 0.27 2005
=31 Mauritania 0.27 2005
=33 Uzbekistan 0.26 2005
=33 Tajikistan 0.26 2005
35 Kyrgyzstan 0.25 2005
36 Bangladesh 0.21 2005
37 Turkmenistan 0.19 2000
38 The Gambia 0.16 2005
39 Guinea 0.15 2005

Citation

"Countries Compared by Economy > Currency > PPP conversion factor to official exchange rate ratio. International Statistics at NationMaster.com", World Development Indicators database. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Muslim-countries/Economy/Currency/PPP-conversion-factor-to-official-exchange-rate-ratio

Muslim countries Compared by Economy > Currency > PPP conversion factor to official exchange rate ratio

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