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

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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 GRAPH HISTORY
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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