Economy > Purchasing power parity > PPP conversion factor > GDP to market exchange rate ratio: Countries Compared

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	France	1.22	2009
=7	Japan	1.22	2009
9	Belgium	1.2	2009
10	Austria	1.19	2009
11	Netherlands	1.18	2009
12	Sweden	1.15	2009
13	Germany	1.12	2009
14	Italy	1.1	2009
	Group of 7 countries (G7) average (profile)	1.09	2009
15	Australia	1.08	2009
	High income OECD countries average (profile)	1.06	2009
	Eurozone average (profile)	1.04	2009
16	Canada	1.04	2009
17	Cyprus	1.02	2009
=18	New Zealand	1.01	2009
=18	Iceland	1.01	2009
20	United States	1	2009
21	Greece	0.99	2009
22	Spain	0.98	2009
23	United Kingdom	0.96	2009
	European Union average (profile)	0.953	2009
24	Israel	0.95	2009
25	Venezuela	0.93	2009
	NATO countries average (profile)	0.902	2009
	Non-religious countries average (profile)	0.9	2009
=26	Portugal	0.89	2009
=26	Kuwait	0.89	2007
28	Slovenia	0.88	2009
=29	Maldives	0.87	2009
=29	United Arab Emirates	0.87	2009
	Europe average (profile)	0.862	2009
31	Oman	0.85	2008
32	Cape Verde	0.84	2009
	Heavily indebted countries average (profile)	0.837	2009
	Cold countries average (profile)	0.8	2009
33	Bahrain	0.8	2008
34	Suriname	0.79	2008
=35	Brazil	0.78	2009
=35	Malta	0.78	2007
=37	Qatar	0.76	2009
=37	Saint Kitts and Nevis	0.76	2009
=39	Jordan	0.75	2009
=39	Latvia	0.75	2009
	Catholic countries average (profile)	0.748	2008
=41	Estonia	0.73	2009
=41	Fiji	0.73	2009
=43	Slovakia	0.72	2009
=43	Czech Republic	0.72	2009
=43	Croatia	0.72	2009
=43	Grenada	0.72	2009
=43	Singapore	0.72	2009
	OPEC countries average (profile)	0.711	2007
=48	Ghana	0.71	2009
=48	Uruguay	0.71	2009
=50	Antigua and Barbuda	0.69	2009
=50	Zambia	0.69	2009
	Middle Eastern and North Africa average (profile)	0.676	2007
=52	Lithuania	0.67	2009
=52	Tonga	0.67	2009
=52	Chile	0.67	2009
=52	Namibia	0.67	2009
	Former British colonies average (profile)	0.662	2008
=56	Hungary	0.65	2009
=56	Sao Tome and Principe	0.65	2009
=56	Cote d'Ivoire	0.65	2009
59	Comoros	0.64	2009
=60	Morocco	0.63	2009
=60	Lebanon	0.63	2009
=60	Samoa	0.63	2009
=60	Kazakhstan	0.63	2009
=64	Trinidad and Tobago	0.62	2009
=64	Saudi Arabia	0.62	2009
=64	Barbados	0.62	2005
=67	East Timor	0.61	2009
=67	Congo, Republic of the	0.61	2009
=67	Vanuatu	0.61	2009
=67	Belize	0.61	2009
=67	Brunei	0.61	2006
	Muslim countries average (profile)	0.601	2008
=72	Central African Republic	0.6	2009
=72	Eritrea	0.6	2008
=74	Turkey	0.59	2009
=74	Libya	0.59	2009
=74	Sudan	0.59	2009
=74	Jamaica	0.59	2009
=74	Iraq	0.59	2009
=74	Poland	0.59	2009
=80	Dominica	0.58	2009
=80	Saint Vincent and the Grenadines	0.58	2009
=80	Mali	0.58	2009
	Emerging markets average (profile)	0.571	2009
=83	Costa Rica	0.57	2009
=83	Colombia	0.57	2009
=83	Mexico	0.57	2009
=83	Saint Lucia	0.57	2009
	Eastern Europe average (profile)	0.565	2009
=87	Liberia	0.56	2009
=87	Indonesia	0.56	2009
=87	Senegal	0.56	2009
=87	Guatemala	0.56	2009
=87	South Africa	0.56	2009
=87	Haiti	0.56	2009
	Former Spanish colonies average (profile)	0.555	2009
=93	Dominican Republic	0.55	2009
=93	Panama	0.55	2009
=93	China	0.55	2009
=96	Turkmenistan	0.54	2009
=96	Armenia	0.54	2009
=96	Kiribati	0.54	2009
	Religious countries average (profile)	0.54	2009
=99	Bosnia and Herzegovina	0.53	2009
=99	Moldova	0.53	2009
=99	Romania	0.53	2009
	Latin America and Caribbean average (profile)	0.529	2005
=102	Cameroon	0.52	2009
=102	Mauritius	0.52	2009
=102	El Salvador	0.52	2009
=102	Syria	0.52	2009
=102	Argentina	0.52	2009
=102	Gabon	0.52	2009
=102	Lesotho	0.52	2009
=102	Peru	0.52	2009
=102	Niger	0.52	2009
=102	Djibouti	0.52	2009
	Former Soviet republics average (profile)	0.519	2009
	Sub-Saharan Africa average (profile)	0.514	2009
=112	Swaziland	0.51	2009
=112	Nigeria	0.51	2009
=112	Ecuador	0.51	2009
=112	Georgia	0.51	2009
=112	Papua New Guinea	0.51	2009
=112	Equatorial Guinea	0.51	2009
=112	Azerbaijan	0.51	2009
=112	Togo	0.51	2009
	Former French colonies average (profile)	0.503	2009
=120	Serbia and Montenegro	0.5	2009
=120	Malaysia	0.5	2009
=120	Paraguay	0.5	2009
=120	Democratic Republic of the Congo	0.5	2009
=120	Honduras	0.5	2009
=125	Thailand	0.49	2009
=125	Philippines	0.49	2009
=125	Solomon Islands	0.49	2009
=125	Benin	0.49	2009
=125	Algeria	0.49	2009
=125	Guyana	0.49	2008
=131	Bulgaria	0.48	2009
=131	Mozambique	0.48	2009
=131	Guinea-Bissau	0.48	2009
=134	Rwanda	0.47	2009
=134	Mauritania	0.47	2009
=134	Kenya	0.47	2009
=134	Chad	0.47	2009
=138	Russia	0.46	2009
=138	Tunisia	0.46	2009
	South and Central Asia average (profile)	0.453	2009
=140	Botswana	0.45	2009
=140	Albania	0.45	2009
=140	Mongolia	0.45	2009
=143	Burkina Faso	0.44	2009
=143	Madagascar	0.44	2009
=143	Seychelles	0.44	2009
146	Sri Lanka	0.43	2009
=147	Sierra Leone	0.42	2009
=147	Laos	0.42	2009
=147	Afghanistan	0.42	2008
150	Burundi	0.41	2009
=151	Uzbekistan	0.4	2009
=151	Bolivia	0.4	2009
=151	Uganda	0.4	2009
=151	Nicaragua	0.4	2009
=155	Bangladesh	0.39	2009
=155	Guinea	0.39	2009
=155	Ukraine	0.39	2009
=155	Belarus	0.39	2009
=159	Tanzania	0.38	2009
=159	Malawi	0.38	2009
=159	Kyrgyzstan	0.38	2009
=162	Ethiopia	0.37	2009
=162	Nepal	0.37	2009
=162	Pakistan	0.37	2009
	South Asia average (profile)	0.365	2009
165	Tajikistan	0.36	2009
=166	Cambodia	0.35	2009
=166	India	0.35	2009
=166	Vietnam	0.35	2009
=166	Bhutan	0.35	2009
170	The Gambia	0.3	2009

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