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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Totals

#	COUNTRY	AMOUNT	DATE
1	DenmarkDenmark	1.52	2009
2	NorwayNorway	1.42	2009
3	SwitzerlandSwitzerland	1.41	2009
4	FinlandFinland	1.28	2009
5	LuxembourgLuxembourg	1.25	2009
6	IrelandIreland	1.24	2009
=7	FranceFrance	1.22	2009
=7	JapanJapan	1.22	2009
9	BelgiumBelgium	1.2	2009
10	AustriaAustria	1.19	2009
11	NetherlandsNetherlands	1.18	2009
12	SwedenSweden	1.15	2009
13	GermanyGermany	1.12	2009
14	ItalyItaly	1.1	2009
	Group of 7 countries (G7) averageGroup of 7 countries (G7) average (profile)	1.09	2009
15	AustraliaAustralia	1.08	2009
	High income OECD countries averageHigh income OECD countries average (profile)	1.06	2009
	Eurozone averageEurozone average (profile)	1.04	2009
16	CanadaCanada	1.04	2009
17	CyprusCyprus	1.02	2009
=18	New ZealandNew Zealand	1.01	2009
=18	IcelandIceland	1.01	2009
20	United StatesUnited States	1	2009
21	GreeceGreece	0.99	2009
22	SpainSpain	0.98	2009
23	United KingdomUnited Kingdom	0.96	2009
	European Union averageEuropean Union average (profile)	0.953	2009
24	IsraelIsrael	0.95	2009
25	VenezuelaVenezuela	0.93	2009
	NATO countries averageNATO average (profile)	0.902	2009
	Non-religious countries averageNon-religious countries average (profile)	0.9	2009
=26	PortugalPortugal	0.89	2009
=26	KuwaitKuwait	0.89	2007
28	SloveniaSlovenia	0.88	2009
=29	MaldivesMaldives	0.87	2009
=29	United Arab EmiratesUAE	0.87	2009
	Europe averageEurope average (profile)	0.862	2009
31	OmanOman	0.85	2008
32	Cape VerdeCape Verde	0.84	2009
	Heavily indebted countries averageHeavily indebted countries average (profile)	0.837	2009
	Cold countries averageCold countries average (profile)	0.8	2009
33	BahrainBahrain	0.8	2008
34	SurinameSuriname	0.79	2008
=35	BrazilBrazil	0.78	2009
=35	MaltaMalta	0.78	2007
=37	QatarQatar	0.76	2009
=37	Saint Kitts and NevisSt Kitts+	0.76	2009
=39	JordanJordan	0.75	2009
=39	LatviaLatvia	0.75	2009
	Catholic countries averageCatholic countries average (profile)	0.748	2008
=41	EstoniaEstonia	0.73	2009
=41	FijiFiji	0.73	2009
=43	SlovakiaSlovakia	0.72	2009
=43	Czech RepublicCzech Republic	0.72	2009
=43	CroatiaCroatia	0.72	2009
=43	GrenadaGrenada	0.72	2009
=43	SingaporeSingapore	0.72	2009
	OPEC countries averageOPEC countries average (profile)	0.711	2007
=48	GhanaGhana	0.71	2009
=48	UruguayUruguay	0.71	2009
=50	Antigua and BarbudaAntigua and Barbuda	0.69	2009
=50	ZambiaZambia	0.69	2009
	Middle Eastern and North Africa averageMiddle Eastern and North Africa average (profile)	0.676	2007
=52	LithuaniaLithuania	0.67	2009
=52	TongaTonga	0.67	2009
=52	ChileChile	0.67	2009
=52	NamibiaNamibia	0.67	2009
	Former British colonies averageFormer British colonies average (profile)	0.662	2008
=56	HungaryHungary	0.65	2009
=56	Sao Tome and PrincipeSoa Tome+	0.65	2009
=56	Cote d'IvoireCote d'Ivoire	0.65	2009
59	ComorosComoros	0.64	2009
=60	MoroccoMorocco	0.63	2009
=60	LebanonLebanon	0.63	2009
=60	SamoaSamoa	0.63	2009
=60	KazakhstanKazakhstan	0.63	2009
=64	Trinidad and TobagoTrinidad+	0.62	2009
=64	Saudi ArabiaSaudi Arabia	0.62	2009
=64	BarbadosBarbados	0.62	2005
=67	East TimorEast Timor	0.61	2009
=67	Congo, Republic of theCongo, Republic of the	0.61	2009
=67	VanuatuVanuatu	0.61	2009
=67	BelizeBelize	0.61	2009
=67	BruneiBrunei	0.61	2006
	Muslim countries averageMuslim countries average (profile)	0.601	2008
=72	Central African RepublicCentral Africa	0.6	2009
=72	EritreaEritrea	0.6	2008
=74	TurkeyTurkey	0.59	2009
=74	LibyaLibya	0.59	2009
=74	SudanSudan	0.59	2009
=74	JamaicaJamaica	0.59	2009
=74	IraqIraq	0.59	2009
=74	PolandPoland	0.59	2009
=80	DominicaDominica	0.58	2009
=80	Saint Vincent and the GrenadinesSt Vincent+	0.58	2009
=80	MaliMali	0.58	2009
	Emerging markets averageEmerging markets average (profile)	0.571	2009
=83	Costa RicaCosta Rica	0.57	2009
=83	ColombiaColombia	0.57	2009
=83	MexicoMexico	0.57	2009
=83	Saint LuciaSaint Lucia	0.57	2009
	Eastern Europe averageEastern Europe average (profile)	0.565	2009
=87	LiberiaLiberia	0.56	2009
=87	IndonesiaIndonesia	0.56	2009
=87	SenegalSenegal	0.56	2009
=87	GuatemalaGuatemala	0.56	2009
=87	South AfricaSouth Africa	0.56	2009
=87	HaitiHaiti	0.56	2009
	Former Spanish colonies averageFormer Spanish colonies average (profile)	0.555	2009
=93	Dominican RepublicDominican Rep.	0.55	2009
=93	PanamaPanama	0.55	2009
=93	ChinaChina	0.55	2009
=96	TurkmenistanTurkmenistan	0.54	2009
=96	ArmeniaArmenia	0.54	2009
=96	KiribatiKiribati	0.54	2009
	Religious countries averageReligious countries average (profile)	0.54	2009
=99	Bosnia and HerzegovinaBosnia and Herzegovina	0.53	2009
=99	MoldovaMoldova	0.53	2009
=99	RomaniaRomania	0.53	2009
	Latin America and Caribbean averageLatin America and Caribbean average (profile)	0.529	2005
=102	CameroonCameroon	0.52	2009
=102	MauritiusMauritius	0.52	2009
=102	El SalvadorEl Salvador	0.52	2009
=102	SyriaSyria	0.52	2009
=102	ArgentinaArgentina	0.52	2009
=102	GabonGabon	0.52	2009
=102	LesothoLesotho	0.52	2009
=102	PeruPeru	0.52	2009
=102	NigerNiger	0.52	2009
=102	DjiboutiDjibouti	0.52	2009
	Former Soviet republics averageFormer Soviet republics average (profile)	0.519	2009
	Sub-Saharan Africa averageSub-Saharan Africa average (profile)	0.514	2009
=112	SwazilandSwaziland	0.51	2009
=112	NigeriaNigeria	0.51	2009
=112	EcuadorEcuador	0.51	2009
=112	GeorgiaGeorgia	0.51	2009
=112	Papua New GuineaPapua NG	0.51	2009
=112	Equatorial GuineaEqu. Guinea	0.51	2009
=112	AzerbaijanAzerbaijan	0.51	2009
=112	TogoTogo	0.51	2009
	Former French colonies averageFormer French colonies average (profile)	0.503	2009
=120	Serbia and MontenegroSerbia+	0.5	2009
=120	MalaysiaMalaysia	0.5	2009
=120	ParaguayParaguay	0.5	2009
=120	Democratic Republic of the CongoCongo, DR.	0.5	2009
=120	HondurasHonduras	0.5	2009
=125	ThailandThailand	0.49	2009
=125	PhilippinesPhilippines	0.49	2009
=125	Solomon IslandsSolomon Islands	0.49	2009
=125	BeninBenin	0.49	2009
=125	AlgeriaAlgeria	0.49	2009
=125	GuyanaGuyana	0.49	2008
=131	BulgariaBulgaria	0.48	2009
=131	MozambiqueMozambique	0.48	2009
=131	Guinea-BissauGuinea-Bissau	0.48	2009
=134	RwandaRwanda	0.47	2009
=134	MauritaniaMauritania	0.47	2009
=134	KenyaKenya	0.47	2009
=134	ChadChad	0.47	2009
=138	RussiaRussia	0.46	2009
=138	TunisiaTunisia	0.46	2009
	South and Central Asia averageSouth and Central Asia average (profile)	0.453	2009
=140	BotswanaBotswana	0.45	2009
=140	AlbaniaAlbania	0.45	2009
=140	MongoliaMongolia	0.45	2009
=143	Burkina FasoBurkina Faso	0.44	2009
=143	MadagascarMadagascar	0.44	2009
=143	SeychellesSeychelles	0.44	2009
146	Sri LankaSri Lanka	0.43	2009
=147	Sierra LeoneSierra Leone	0.42	2009
=147	LaosLaos	0.42	2009
=147	AfghanistanAfghanistan	0.42	2008
150	BurundiBurundi	0.41	2009
=151	UzbekistanUzbekistan	0.4	2009
=151	BoliviaBolivia	0.4	2009
=151	UgandaUganda	0.4	2009
=151	NicaraguaNicaragua	0.4	2009
=155	BangladeshBangladesh	0.39	2009
=155	GuineaGuinea	0.39	2009
=155	UkraineUkraine	0.39	2009
=155	BelarusBelarus	0.39	2009
=159	TanzaniaTanzania	0.38	2009
=159	MalawiMalawi	0.38	2009
=159	KyrgyzstanKyrgyzstan	0.38	2009
=162	EthiopiaEthiopia	0.37	2009
=162	NepalNepal	0.37	2009
=162	PakistanPakistan	0.37	2009
	South Asia averageSouth Asia average (profile)	0.365	2009
165	TajikistanTajikistan	0.36	2009
=166	CambodiaCambodia	0.35	2009
=166	IndiaIndia	0.35	2009
=166	VietnamVietnam	0.35	2009
=166	BhutanBhutan	0.35	2009
170	The GambiaThe Gambia	0.3	2009

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