Economy > Currency > PPP conversion factor > GDP to market exchange rate ratio: Countries Compared

DEFINITION: PPP conversion factor (GDP) to market exchange rate ratio. 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	IraqIraq	1.55	2012
2	NorwayNorway	1.52	2012
3	AustraliaAustralia	1.5	2012
4	SwitzerlandSwitzerland	1.48	2012
5	DenmarkDenmark	1.34	2012
6	JapanJapan	1.33	2012
7	SwedenSweden	1.28	2012
8	CanadaCanada	1.23	2012
9	FinlandFinland	1.19	2012
10	LuxembourgLuxembourg	1.18	2012
11	New ZealandNew Zealand	1.17	2012
12	KuwaitKuwait	1.14	2011
13	IcelandIceland	1.13	2012
	Group of 7 countries (G7) averageGroup of 7 countries (G7) average (profile)	1.1	2012
14	FranceFrance	1.1	2012
15	QatarQatar	1.1	2011
16	BelgiumBelgium	1.09	2012
17	IsraelIsrael	1.09	2011
18	SurinameSuriname	1.08	2012
19	GuyanaGuyana	1.07	2012
20	AustriaAustria	1.07	2012
21	NetherlandsNetherlands	1.07	2012
22	IrelandIreland	1.05	2012
23	United KingdomUnited Kingdom	1.04	2012
	High income OECD countries averageHigh income OECD countries average (profile)	1.04	2012
24	GermanyGermany	1.01	2012
25	United StatesUnited States	1	2012
26	ItalyItaly	0.998	2012
27	United Arab EmiratesUAE	0.971	2011
28	BrazilBrazil	0.968	2012
29	VenezuelaVenezuela	0.959	2012
	Non-religious countries averageNon-religious countries average (profile)	0.955	2012
	OPEC countries averageOPEC countries average (profile)	0.943	2011
30	BahrainBahrain	0.943	2011
31	UruguayUruguay	0.932	2012
	Eurozone averageEurozone average (profile)	0.928	2012
32	TongaTonga	0.921	2012
33	FijiFiji	0.916	2012
34	AngolaAngola	0.913	2012
35	MacauMacau	0.907	2012
36	EritreaEritrea	0.905	2012
37	OmanOman	0.896	2011
38	SpainSpain	0.893	2012
39	KazakhstanKazakhstan	0.887	2012
40	ZambiaZambia	0.872	2012
	European Union averageEuropean Union average (profile)	0.872	2012
41	GreeceGreece	0.872	2012
	NATO countries averageNATO average (profile)	0.857	2012
42	SingaporeSingapore	0.85	2012
43	CyprusCyprus	0.847	2012
44	Federated States of MicronesiaMicronesia	0.847	2012
	Middle Eastern and North Africa averageMiddle Eastern and North Africa average (profile)	0.84	2011
45	JordanJordan	0.813	2012
46	Equatorial GuineaEqu. Guinea	0.808	2012
47	SamoaSamoa	0.806	2012
48	Saudi ArabiaSaudi Arabia	0.805	2012
	Heavily indebted countries averageHeavily indebted countries average (profile)	0.803	2012
	Cold countries averageCold countries average (profile)	0.802	2012
49	SloveniaSlovenia	0.801	2012
	Europe averageEurope average (profile)	0.801	2012
50	GhanaGhana	0.797	2012
51	PortugalPortugal	0.794	2012
52	BruneiBrunei	0.784	2012
53	Saint Kitts and NevisSt Kitts+	0.779	2012
54	NamibiaNamibia	0.777	2012
55	Sao Tome and PrincipeSoa Tome+	0.768	2012
56	Papua New GuineaPapua NG	0.766	2012
	Christian countries averageChristian countries average (profile)	0.763	2011
57	Cape VerdeCape Verde	0.763	2012
	East Asia and Pacific averageEast Asia and Pacific average (profile)	0.761	2012
58	ColombiaColombia	0.742	2012
59	Costa RicaCosta Rica	0.737	2012
60	MaldivesMaldives	0.736	2012
61	South KoreaSouth Korea	0.733	2012
	Catholic countries averageCatholic countries average (profile)	0.731	2012
62	SudanSudan	0.731	2012
63	IndonesiaIndonesia	0.729	2012
64	Republic of the CongoCongo Rep.	0.724	2012
65	Hong KongHong Kong	0.72	2012
	Former British colonies averageFormer British colonies average (profile)	0.718	2011
66	MaltaMalta	0.718	2012
67	GabonGabon	0.714	2012
68	AzerbaijanAzerbaijan	0.708	2012
69	EstoniaEstonia	0.707	2012
70	The BahamasThe Bahamas	0.704	2012
71	VanuatuVanuatu	0.703	2012
72	Czech RepublicCzech Republic	0.7	2012
73	ChileChile	0.691	2012
74	ComorosComoros	0.686	2012
75	MongoliaMongolia	0.684	2012
76	LebanonLebanon	0.675	2012
77	ChinaChina	0.671	2012
78	SlovakiaSlovakia	0.669	2012
79	South AfricaSouth Africa	0.667	2012
80	GrenadaGrenada	0.665	2012
81	GuatemalaGuatemala	0.664	2012
82	KiribatiKiribati	0.663	2012
83	CroatiaCroatia	0.662	2012
84	Trinidad and TobagoTrinidad+	0.657	2012
	Muslim countries averageMuslim countries average (profile)	0.654	2011
85	TurkmenistanTurkmenistan	0.653	2012
	Former Spanish colonies averageFormer Spanish colonies average (profile)	0.651	2012
86	Antigua and BarbudaAntigua and Barbuda	0.648	2012
87	LiberiaLiberia	0.648	2012
88	East TimorEast Timor	0.643	2012
89	LatviaLatvia	0.639	2012
90	HaitiHaiti	0.638	2012
91	AlgeriaAlgeria	0.633	2012
92	ParaguayParaguay	0.632	2012
93	PeruPeru	0.631	2012
94	Democratic Republic of the CongoCongo, DR.	0.63	2012
	Religious countries averageReligious countries average (profile)	0.626	2012
	Emerging markets averageEmerging markets average (profile)	0.626	2012
	failed states averagefailed states average (profile)	0.624	2012
95	BelizeBelize	0.622	2011
96	Cote d'IvoireCote d'Ivoire	0.62	2012
97	LesothoLesotho	0.618	2012
98	MalaysiaMalaysia	0.617	2012
99	SyriaSyria	0.615	2012
100	YemenYemen	0.61	2012
101	MoldovaMoldova	0.605	2012
102	GeorgiaGeorgia	0.601	2012
103	Saint LuciaSaint Lucia	0.599	2012
104	RussiaRussia	0.597	2012
105	Solomon IslandsSolomon Islands	0.597	2012
106	LibyaLibya	0.596	2009
107	PhilippinesPhilippines	0.596	2012
108	JamaicaJamaica	0.59	2005
109	Saint Vincent and the GrenadinesSt Vincent+	0.59	2012
110	SwazilandSwaziland	0.589	2012
111	PalauPalau	0.588	2012
112	NigeriaNigeria	0.583	2012
113	PanamaPanama	0.583	2012
114	MexicoMexico	0.583	2012
115	LithuaniaLithuania	0.582	2012
116	TurkeyTurkey	0.581	2012
	Former Soviet republics averageFormer Soviet republics average (profile)	0.581	2012
117	MaliMali	0.581	2012
	Sub-Saharan Africa averageSub-Saharan Africa average (profile)	0.577	2012
118	PolandPoland	0.573	2012
119	Dominican RepublicDominican Rep.	0.572	2012
120	HungaryHungary	0.571	2012
121	ThailandThailand	0.567	2012
	Hot countries averageHot countries average (profile)	0.565	2007
122	BarbadosBarbados	0.563	2012
123	EcuadorEcuador	0.563	2012
	Potential Future EU Members averagePotential Future EU Members average (profile)	0.562	2012
	Latin America and Caribbean averageLatin America and Caribbean average (profile)	0.562	2006
124	MozambiqueMozambique	0.561	2012
	Eastern Europe averageEastern Europe average (profile)	0.561	2012
125	HondurasHonduras	0.556	2012
126	MoroccoMorocco	0.556	2012
127	TogoTogo	0.555	2012
128	MauritiusMauritius	0.545	2012
129	KenyaKenya	0.543	2012
130	El SalvadorEl Salvador	0.542	2012
131	DominicaDominica	0.539	2012
	Former French colonies averageFormer French colonies average (profile)	0.537	2012
132	SenegalSenegal	0.536	2012
133	RomaniaRomania	0.531	2012
134	UkraineUkraine	0.53	2012
135	NigerNiger	0.513	2012
	South and Central Asia averageSouth and Central Asia average (profile)	0.512	2012
136	CameroonCameroon	0.505	2012
137	BoliviaBolivia	0.496	2012
138	EgyptEgypt	0.492	2012
139	LaosLaos	0.492	2012
140	MontenegroMontenegro	0.49	2012
141	KyrgyzstanKyrgyzstan	0.489	2012
142	DjiboutiDjibouti	0.489	2007
143	UzbekistanUzbekistan	0.486	2012
144	Bosnia and HerzegovinaBosnia and Herzegovina	0.485	2012
145	ChadChad	0.485	2012
146	BeninBenin	0.483	2012
147	SeychellesSeychelles	0.481	2012
148	Sri LankaSri Lanka	0.476	2012
149	Sierra LeoneSierra Leone	0.475	2012
150	NepalNepal	0.474	2012
151	GuineaGuinea	0.468	2012
152	RwandaRwanda	0.465	2012
153	MadagascarMadagascar	0.465	2012
154	VietnamVietnam	0.463	2012
155	PakistanPakistan	0.458	2012
156	ArgentinaArgentina	0.457	2006
157	BurundiBurundi	0.455	2012
158	BotswanaBotswana	0.449	2012
159	Guinea-BissauGuinea-Bissau	0.449	2012
160	Central African RepublicCentral Africa	0.448	2012
161	AfghanistanAfghanistan	0.44	2012
162	SerbiaSerbia	0.44	2012
163	TunisiaTunisia	0.44	2012
164	NicaraguaNicaragua	0.438	2012
165	BelarusBelarus	0.436	2012
166	IranIran	0.436	2009
167	BulgariaBulgaria	0.435	2012
168	MauritaniaMauritania	0.432	2012
169	Burkina FasoBurkina Faso	0.426	2012
170	AlbaniaAlbania	0.425	2012
	South Asia averageSouth Asia average (profile)	0.412	2012
171	UgandaUganda	0.411	2012
172	EthiopiaEthiopia	0.409	2012
173	BangladeshBangladesh	0.406	2012
174	ArmeniaArmenia	0.398	2012
175	TajikistanTajikistan	0.397	2012
176	IndiaIndia	0.391	2012
177	TanzaniaTanzania	0.387	2012
178	Republic of MacedoniaMacedonia Rep.	0.386	2012
179	CambodiaCambodia	0.385	2012
180	BhutanBhutan	0.364	2012
181	MalawiMalawi	0.356	2012
182	The GambiaThe Gambia	0.267	2012

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