Somalia SO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

Somalia SO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.400 Ratio in 2023. This records an increase from the previous number of 0.381 Ratio for 2022. Somalia SO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.398 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.855 Ratio in 1998 and a record low of 0.225 Ratio in 1991. Somalia SO: 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 Somalia – Table SO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

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What was Somalia's Somalia SO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2023?

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