Cold countries 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	Denmark	1.52	2009
2	Norway	1.42	2009
3	Switzerland	1.41	2009
4	Finland	1.28	2009
5	Luxembourg	1.25	2009
6	Ireland	1.24	2009
7	Belgium	1.2	2009
8	Austria	1.19	2009
9	Sweden	1.15	2009
10	Germany	1.12	2009
11	Canada	1.04	2009
12	Iceland	1.01	2009
13	United States	1	2009
14	United Kingdom	0.96	2009
15	Slovenia	0.88	2009
16	Latvia	0.75	2009
17	Estonia	0.73	2009
=18	Slovakia	0.72	2009
=18	Czech Republic	0.72	2009
=20	Lithuania	0.67	2009
=20	Chile	0.67	2009
22	Hungary	0.65	2009
23	Kazakhstan	0.63	2009
24	Poland	0.59	2009
25	China	0.55	2009
26	Armenia	0.54	2009
=27	Bosnia and Herzegovina	0.53	2009
=27	Romania	0.53	2009
29	Georgia	0.51	2009
30	Russia	0.46	2009
31	Mongolia	0.45	2009
=32	Belarus	0.39	2009
=32	Ukraine	0.39	2009
34	Kyrgyzstan	0.38	2009
35	Nepal	0.37	2009
36	Tajikistan	0.36	2009
37	Bhutan	0.35	2009

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