Thailand Gross Domestic Product: Purchasing Power Parity
GDP per Capita: PPP: 2021 Price
GDP per Capita: PPP: 2021 Price data was reported at 21,112.639 Intl $ in 2023. This records an increase from the previous number of 20,752.603 Intl $ for 2022. GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 15,421.603 Intl $ from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 21,341.088 Intl $ in 2019 and a record low of 8,624.429 Intl $ in 1990. GDP per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
Last | Frequency | Range |
---|---|---|
21,112.639 2023 | yearly | 1990 - 2023 |
View Thailand's GDP per Capita: PPP: 2021 Price from 1990 to 2023 in the chart:
GDP: PPP: 2021 Price
GDP: PPP: 2021 Price data was reported at 1,515,914.455 Intl $ mn in 2023. This records an increase from the previous number of 1,487,900.014 Intl $ mn for 2022. GDP: PPP: 2021 Price data is updated yearly, averaging 1,029,105.475 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,521,785.261 Intl $ mn in 2019 and a record low of 476,313.500 Intl $ mn in 1990. GDP: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
1,515,914.455 2023 | yearly | 1990 - 2023 |
View Thailand's GDP: PPP: 2021 Price from 1990 to 2023 in the chart:
GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs
GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 821,160.983 Intl $ mn in 2023. This records an increase from the previous number of 766,452.655 Intl $ mn for 2022. GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 509,808.444 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 821,160.983 Intl $ mn in 2023 and a record low of 242,635.622 Intl $ mn in 1990. GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2021 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
821,160.983 2023 | yearly | 1990 - 2023 |
View Thailand's GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs from 1990 to 2023 in the chart:
GNI per Capita: PPP: 2021 Price
GNI per Capita: PPP: 2021 Price data was reported at 19,576.497 Intl $ in 2021. GNI per Capita: PPP: 2021 Price data is updated yearly, averaging 19,576.497 Intl $ from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 19,576.497 Intl $ in 2021 and a record low of 19,576.497 Intl $ in 2021. GNI per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
Last | Frequency | Range |
---|---|---|
19,576.497 2021 | yearly | 2021 - 2021 |
View Thailand's GNI per Capita: PPP: 2021 Price from 2021 to 2021 in the chart:
GNI: PPP: 2021 Price
GNI: PPP: 2021 Price data was reported at 1,401,698.798 Intl $ mn in 2021. GNI: PPP: 2021 Price data is updated yearly, averaging 1,401,698.798 Intl $ mn from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 1,401,698.798 Intl $ mn in 2021 and a record low of 1,401,698.798 Intl $ mn in 2021. GNI: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
1,401,698.798 2021 | yearly | 2021 - 2021 |
View Thailand's GNI: PPP: 2021 Price from 2021 to 2021 in the chart:
Thailand TH: GDP: PPP
TH: GDP: PPP data was reported at 1,233,736.126 Intl $ mn in 2017. This records an increase from the previous number of 1,166,405.165 Intl $ mn for 2016. TH: GDP: PPP data is updated yearly, averaging 597,996.821 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,233,736.126 Intl $ mn in 2017 and a record low of 243,215.538 Intl $ mn in 1990. TH: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
Last | Frequency | Range |
---|---|---|
1,233,736.13 2017 | yearly | 1990 - 2017 |
View Thailand's Thailand TH: GDP: PPP from 1990 to 2017 in the chart:
TH: GDP: PPP: 2017 Price
TH: GDP: PPP: 2017 Price data was reported at 1,255,244.370 Intl $ mn in 2022. This records an increase from the previous number of 1,223,463.152 Intl $ mn for 2021. TH: GDP: PPP: 2017 Price data is updated yearly, averaging 844,893.354 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 1,283,335.300 Intl $ mn in 2019 and a record low of 401,679.490 Intl $ mn in 1990. TH: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
1,255,244.370 2022 | yearly | 1990 - 2022 |
View Thailand's TH: GDP: PPP: 2017 Price from 1990 to 2022 in the chart:
TH: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
TH: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 657,993.878 Intl $ mn in 2022. This records an increase from the previous number of 618,925.447 Intl $ mn for 2021. TH: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 434,496.609 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 657,993.878 Intl $ mn in 2022 and a record low of 208,024.198 Intl $ mn in 1990. TH: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
657,993.878 2022 | yearly | 1990 - 2022 |
View Thailand's TH: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 1990 to 2022 in the chart:
Thailand TH: GDP: PPP:(GDP) Gross Domestic Productper Capita
TH: GDP: PPP: GDP per Capita data was reported at 17,870.518 Intl $ in 2017. This records an increase from the previous number of 16,937.927 Intl $ for 2016. TH: GDP: PPP: GDP per Capita data is updated yearly, averaging 9,230.103 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 17,870.518 Intl $ in 2017 and a record low of 4,298.399 Intl $ in 1990. TH: GDP: PPP: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
Last | Frequency | Range |
---|---|---|
17,870.52 2017 | yearly | 1990 - 2017 |
View Thailand's Thailand TH: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Thailand TH: GDP: PPP: Household Final Consumption Expenditure
TH: GDP: PPP: Household Final Consumption Expenditure data was reported at 567,890.758 Intl $ mn in 2016. This records an increase from the previous number of 542,161.325 Intl $ mn for 2015. TH: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 288,243.488 Intl $ mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 567,890.758 Intl $ mn in 2016 and a record low of 116,514.769 Intl $ mn in 1990. TH: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;
Last | Frequency | Range |
---|---|---|
567,890.76 2016 | yearly | 1990 - 2016 |
View Thailand's Thailand TH: GDP: PPP: Household Final Consumption Expenditure from 1990 to 2016 in the chart:
TH: GNI per Capita: PPP: 2017 Price
TH: GNI per Capita: PPP: 2017 Price data was reported at 16,246.123 Intl $ in 2017. TH: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 16,246.123 Intl $ from Dec 2017 (Median) to 2017, with 1 observations. The data reached an all-time high of 16,246.123 Intl $ in 2017 and a record low of 16,246.123 Intl $ in 2017. TH: GNI per Capita: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
Last | Frequency | Range |
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16,246.123 2017 | yearly | 2017 - 2017 |
View Thailand's TH: GNI per Capita: PPP: 2017 Price from 2017 to 2017 in the chart:
Thailand TH: GNI: PPP
TH: GNI: PPP data was reported at 1,180,057.557 Intl $ mn in 2017. This records an increase from the previous number of 1,111,641.773 Intl $ mn for 2016. TH: GNI: PPP data is updated yearly, averaging 572,751.268 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,180,057.557 Intl $ mn in 2017 and a record low of 240,159.344 Intl $ mn in 1990. TH: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
Last | Frequency | Range |
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1,180,057.56 2017 | yearly | 1990 - 2017 |
View Thailand's Thailand TH: GNI: PPP from 1990 to 2017 in the chart:
TH: GNI: PPP: 2017 Price
TH: GNI: PPP: 2017 Price data was reported at 1,151,820.945 Intl $ mn in 2017. TH: GNI: PPP: 2017 Price data is updated yearly, averaging 1,151,820.945 Intl $ mn from Dec 2017 (Median) to 2017, with 1 observations. The data reached an all-time high of 1,151,820.945 Intl $ mn in 2017 and a record low of 1,151,820.945 Intl $ mn in 2017. TH: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
Last | Frequency | Range |
---|---|---|
1,151,820.945 2017 | yearly | 2017 - 2017 |
View Thailand's TH: GNI: PPP: 2017 Price from 2017 to 2017 in the chart:
Thailand TH: GNI: PPP: GNI per Capita
TH: GNI: PPP: GNI per Capita data was reported at 17,090.000 Intl $ in 2017. This records an increase from the previous number of 16,140.000 Intl $ for 2016. TH: GNI: PPP: GNI per Capita data is updated yearly, averaging 8,840.000 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 17,090.000 Intl $ in 2017 and a record low of 4,240.000 Intl $ in 1990. TH: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
Last | Frequency | Range |
---|---|---|
17,090.00 2017 | yearly | 1990 - 2017 |
View Thailand's Thailand TH: GNI: PPP: GNI per Capita from 1990 to 2017 in the chart:
Thailand TH: PPP Conversion Factor: GDP
TH: PPP Conversion Factor: GDP data was reported at 12.523 THB/Intl $ in 2017. This records an increase from the previous number of 12.460 THB/Intl $ for 2016. TH: PPP Conversion Factor: GDP data is updated yearly, averaging 11.250 THB/Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 12.523 THB/Intl $ in 2017 and a record low of 8.978 THB/Intl $ in 1990. TH: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: 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 amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
Last | Frequency | Range |
---|---|---|
12.52 2017 | yearly | 1990 - 2017 |
View Thailand's Thailand TH: PPP Conversion Factor: GDP from 1990 to 2017 in the chart:
Thailand TH: PPP Conversion Factor: Private Consumption
TH: PPP Conversion Factor: Private Consumption data was reported at 12.820 THB/Intl $ in 2016. This records a decrease from the previous number of 12.957 THB/Intl $ for 2015. TH: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 12.432 THB/Intl $ from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 13.090 THB/Intl $ in 2014 and a record low of 10.599 THB/Intl $ in 1990. TH: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: 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 amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure). For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
Last | Frequency | Range |
---|---|---|
12.82 2016 | yearly | 1990 - 2016 |
View Thailand's Thailand TH: PPP Conversion Factor: Private Consumption from 1990 to 2016 in the chart:
Thailand TH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
TH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.369 % in 2017. This records an increase from the previous number of 0.353 % for 2016. TH: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.355 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.418 % in 1996 and a record low of 0.248 % in 2001. TH: 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 Thailand – Table TH.World Bank.WDI: 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.; ;
Last | Frequency | Range |
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0.37 2017 | yearly | 1990 - 2017 |