Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.287 Ratio in 2023. This records a decrease from the previous number of 0.370 Ratio for 2022. Angola AO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.291 Ratio from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 0.692 Ratio in 2012 and a record low of 0.147 Ratio in 1999. Angola AO: 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 Angola – Table AO.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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