Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

1990 - 2017 | Yearly | % | World Bank

Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.895 % in 2017. This records a decrease from the previous number of 0.911 % for 2016. Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.920 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.977 % in 1999 and a record low of 0.869 % in 2015. Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.World Bank: Gross Domestic Product: Purchasing Power Parity. 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. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

View Marshall Islands's Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio from 1990 to 2017 in the chart:

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Marshall Islands Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
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Marshall Islands Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

What was Marshall Islands's Marshall Islands MH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2017?

Last Previous Min Max Unit Frequency Range
0.90 2017 0.91 2016 0.87 2015 0.98 1999 % yearly 1990 - 2017

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Marshall Islands Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 7,986.103 2029 yearly 1997 - 2029
Forecast: Nominal GDP Per Capita (USD) 8,048.713 2029 yearly 1997 - 2029
Forecast: Real GDP Growth (%) 2.000 2029 yearly 1998 - 2029
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (USD bn) 0.268 2029 yearly 1995 - 2029
Forecast: Government Net Debt (USD bn) 0.020 2029 yearly 1995 - 2029
Forecast: Government Revenue (USD bn) 0.268 2029 yearly 1995 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.042 2029 yearly 1997 - 2029
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 2004 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.042 2029 yearly 1995 - 2029

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