Sub-Saharan Africa 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.

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#	COUNTRY	AMOUNT	DATE
1	Angola	0.88	2005
2	Equatorial Guinea	0.86	2004
3	Gabon	0.84	2005
4	Nigeria	0.67	2005
5	Zambia	0.61	2005
6	Cote d'Ivoire	0.55	2005
7	Seychelles	0.51	2005
8	Swaziland	0.5	2005
9	Botswana	0.47	2005
10	South Africa	0.46	2005
=11	Cameroon	0.45	2005
=11	Benin	0.45	2005
13	Kenya	0.44	2005
14	Tanzania	0.42	2005
15	Djibouti	0.41	2005
=16	Namibia	0.4	2005
=16	Mauritius	0.4	2005
=18	Senegal	0.39	2005
=18	Chad	0.39	2005
20	Mali	0.38	2005
21	Sudan	0.36	2005
22	Cape Verde	0.33	2005
=23	Comoros	0.32	2005
=23	Burkina Faso	0.32	2005
25	Niger	0.31	2005
26	Madagascar	0.29	2005
27	Central African Republic	0.28	2005
=28	Mozambique	0.27	2005
=28	Mauritania	0.27	2005
=28	Sierra Leone	0.27	2005
=31	Togo	0.24	2005
=31	Lesotho	0.24	2005
=31	Malawi	0.24	2005
34	Guinea-Bissau	0.23	2005
=35	Uganda	0.21	2005
=35	Sao Tome and Principe	0.21	2005
=37	Eritrea	0.2	2005
=37	Ghana	0.2	2005
=37	Rwanda	0.2	2005
40	Democratic Republic of the Congo	0.17	2005
41	The Gambia	0.16	2005
=42	Burundi	0.15	2005
=42	Guinea	0.15	2005
=42	Ethiopia	0.15	2005
45	Zimbabwe	0.13	2005

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