Tonga Gross Domestic Product: Purchasing Power Parity
GDP per Capita: PPP: 2021 Price
GDP per Capita: PPP: 2021 Price data was reported at 6,554.838 Intl $ in 2022. This records a decrease from the previous number of 6,742.462 Intl $ for 2021. GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 5,569.422 Intl $ from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 6,977.463 Intl $ in 2020 and a record low of 3,979.316 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 Tonga – Table TO.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 |
|---|---|---|
| 6,554.838 2022 | yearly | 1990 - 2022 |
View Tonga's GDP per Capita: PPP: 2021 Price from 1990 to 2022 in the chart:
GDP: PPP: 2021 Price
GDP: PPP: 2021 Price data was reported at 700.437 Intl $ mn in 2022. This records a decrease from the previous number of 714.816 Intl $ mn for 2021. GDP: PPP: 2021 Price data is updated yearly, averaging 588.770 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 734.406 Intl $ mn in 2020 and a record low of 392.866 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 Tonga – Table TO.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 |
|---|---|---|
| 700.437 2022 | yearly | 1990 - 2022 |
View Tonga's GDP: PPP: 2021 Price from 1990 to 2022 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 671.628 Intl $ mn in 2021. This records an increase from the previous number of 597.041 Intl $ mn for 2020. GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 598.596 Intl $ mn from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 671.628 Intl $ mn in 2021 and a record low of 490.600 Intl $ mn in 2012. 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 Tonga – Table TO.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 |
|---|---|---|
| 671.628 2021 | yearly | 2012 - 2021 |
View Tonga's GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs from 2012 to 2021 in the chart:
GNI per Capita: PPP: 2021 Price
GNI per Capita: PPP: 2021 Price data was reported at 7,176.817 Intl $ in 2021. This records a decrease from the previous number of 7,571.250 Intl $ for 2020. GNI per Capita: PPP: 2021 Price data is updated yearly, averaging 6,918.407 Intl $ from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 7,571.250 Intl $ in 2020 and a record low of 6,089.636 Intl $ in 2012. 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 Tonga – Table TO.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 |
|---|---|---|
| 7,176.817 2021 | yearly | 2012 - 2021 |
View Tonga's GNI per Capita: PPP: 2021 Price from 2012 to 2021 in the chart:
GNI: PPP: 2021 Price
GNI: PPP: 2021 Price data was reported at 760.865 Intl $ mn in 2021. This records a decrease from the previous number of 796.904 Intl $ mn for 2020. GNI: PPP: 2021 Price data is updated yearly, averaging 730.279 Intl $ mn from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 796.904 Intl $ mn in 2020 and a record low of 653.734 Intl $ mn in 2013. GNI: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 760.865 2021 | yearly | 2012 - 2021 |
View Tonga's GNI: PPP: 2021 Price from 2012 to 2021 in the chart:
Tonga TO: GDP: PPP
TO: GDP: PPP data was reported at 643.426 Intl $ mn in 2017. This records an increase from the previous number of 615.436 Intl $ mn for 2016. TO: GDP: PPP data is updated yearly, averaging 419.511 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 643.426 Intl $ mn in 2017 and a record low of 219.815 Intl $ mn in 1990. TO: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 643.43 2017 | yearly | 1990 - 2017 |
View Tonga's Tonga TO: GDP: PPP from 1990 to 2017 in the chart:
TO: GDP: PPP: 2017 Price
TO: GDP: PPP: 2017 Price data was reported at 651.259 Intl $ mn in 2021. This records a decrease from the previous number of 669.107 Intl $ mn for 2020. TO: GDP: PPP: 2017 Price data is updated yearly, averaging 536.213 Intl $ mn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 669.107 Intl $ mn in 2020 and a record low of 357.935 Intl $ mn in 1990. TO: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 651.259 2021 | yearly | 1990 - 2021 |
View Tonga's TO: GDP: PPP: 2017 Price from 1990 to 2021 in the chart:
TO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
TO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 630.507 Intl $ mn in 2021. This records an increase from the previous number of 560.486 Intl $ mn for 2020. TO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 561.946 Intl $ mn from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 630.507 Intl $ mn in 2021 and a record low of 460.563 Intl $ mn in 2012. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 630.507 2021 | yearly | 2012 - 2021 |
View Tonga's TO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 2012 to 2021 in the chart:
Tonga TO: GDP: PPP:(GDP) Gross Domestic Productper Capita
TO: GDP: PPP: GDP per Capita data was reported at 5,956.543 Intl $ in 2017. This records an increase from the previous number of 5,745.191 Intl $ for 2016. TO: GDP: PPP: GDP per Capita data is updated yearly, averaging 4,190.913 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 5,956.543 Intl $ in 2017 and a record low of 2,310.120 Intl $ in 1990. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 5,956.54 2017 | yearly | 1990 - 2017 |
View Tonga's Tonga TO: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Tonga TO: GDP: PPP: Household Final Consumption Expenditure
TO: GDP: PPP: Household Final Consumption Expenditure data was reported at 462.309 Intl $ mn in 2012. This records an increase from the previous number of 436.266 Intl $ mn for 2011. TO: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 317.812 Intl $ mn from Dec 1990 (Median) to 2012, with 23 observations. The data reached an all-time high of 462.309 Intl $ mn in 2012 and a record low of 162.115 Intl $ mn in 1990. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 462.31 2012 | yearly | 1990 - 2012 |
View Tonga's Tonga TO: GDP: PPP: Household Final Consumption Expenditure from 1990 to 2012 in the chart:
TO: GNI per Capita: PPP: 2017 Price
TO: GNI per Capita: PPP: 2017 Price data was reported at 6,471.290 Intl $ in 2021. This records a decrease from the previous number of 6,892.374 Intl $ for 2020. TO: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 6,270.196 Intl $ from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 6,892.374 Intl $ in 2020 and a record low of 5,534.043 Intl $ in 2012. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 6,471.290 2021 | yearly | 2012 - 2021 |
View Tonga's TO: GNI per Capita: PPP: 2017 Price from 2012 to 2021 in the chart:
Tonga TO: GNI: PPP
TO: GNI: PPP data was reported at 653.695 Intl $ mn in 2017. This records an increase from the previous number of 619.329 Intl $ mn for 2016. TO: GNI: PPP data is updated yearly, averaging 424.172 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 653.695 Intl $ mn in 2017 and a record low of 225.508 Intl $ mn in 1990. TO: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 653.70 2017 | yearly | 1990 - 2017 |
View Tonga's Tonga TO: GNI: PPP from 1990 to 2017 in the chart:
TO: GNI: PPP: 2017 Price
TO: GNI: PPP: 2017 Price data was reported at 686.067 Intl $ mn in 2021. This records a decrease from the previous number of 725.450 Intl $ mn for 2020. TO: GNI: PPP: 2017 Price data is updated yearly, averaging 663.651 Intl $ mn from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 725.450 Intl $ mn in 2020 and a record low of 594.090 Intl $ mn in 2013. TO: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 686.067 2021 | yearly | 2012 - 2021 |
View Tonga's TO: GNI: PPP: 2017 Price from 2012 to 2021 in the chart:
Tonga TO: GNI: PPP: GNI per Capita
TO: GNI: PPP: GNI per Capita data was reported at 6,050.000 Intl $ in 2017. This records an increase from the previous number of 5,780.000 Intl $ for 2016. TO: GNI: PPP: GNI per Capita data is updated yearly, averaging 4,235.000 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 6,050.000 Intl $ in 2017 and a record low of 2,370.000 Intl $ in 1990. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 6,050.00 2017 | yearly | 1990 - 2017 |
View Tonga's Tonga TO: GNI: PPP: GNI per Capita from 1990 to 2017 in the chart:
Tonga TO: PPP Conversion Factor: GDP
TO: PPP Conversion Factor: GDP data was reported at 1.464 TOP/Intl $ in 2017. This records an increase from the previous number of 1.445 TOP/Intl $ for 2016. TO: PPP Conversion Factor: GDP data is updated yearly, averaging 1.089 TOP/Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.464 TOP/Intl $ in 2017 and a record low of 0.669 TOP/Intl $ in 1990. TO: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.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 |
|---|---|---|
| 1.46 2017 | yearly | 1990 - 2017 |
View Tonga's Tonga TO: PPP Conversion Factor: GDP from 1990 to 2017 in the chart:
Tonga TO: PPP Conversion Factor: Private Consumption
TO: PPP Conversion Factor: Private Consumption data was reported at 1.629 TOP/Intl $ in 2016. This records an increase from the previous number of 1.608 TOP/Intl $ for 2015. TO: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 1.200 TOP/Intl $ from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1.639 TOP/Intl $ in 2011 and a record low of 0.850 TOP/Intl $ in 1990. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 1.63 2016 | yearly | 1990 - 2016 |
View Tonga's Tonga TO: PPP Conversion Factor: Private Consumption from 1990 to 2016 in the chart:
Tonga TO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
TO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.662 % in 2017. This records an increase from the previous number of 0.652 % for 2016. TO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.654 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.862 % in 2012 and a record low of 0.459 % in 2002. TO: 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 Tonga – Table TO.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 |
|---|---|---|
| 0.66 2017 | yearly | 1990 - 2017 |