Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

1992 - 2011 | Yearly | % | World Bank

Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.386 % in 2011. This records an increase from the previous number of 0.347 % for 2010. Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.172 % from Dec 1992 (Median) to 2011, with 20 observations. The data reached an all-time high of 0.386 % in 2011 and a record low of 0.139 % in 2002. Eritrea ER: 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 Eritrea – Table ER.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 Eritrea's Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio from 1992 to 2011 in the chart:

Eritrea Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

What was Eritrea's Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2011?

Last Previous Min Max Unit Frequency Range
0.39 2011 0.35 2010 0.14 2002 0.39 2011 % yearly 1992 - 2011

Related Indicators for Eritrea ER: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Eritrea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,448.280 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 965.249 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 2.925 2028 yearly 1993 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (ERN bn) 9.338 2019 yearly 1992 - 2019
Forecast: Government Net Debt (ERN bn) 77.796 2019 yearly 2000 - 2019
Forecast: Government Revenue (ERN bn) 10.150 2019 yearly 1992 - 2019
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 4.084 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.370 2028 yearly 1993 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 0.257 2019 yearly 1992 - 2019

More Indicators for Eritrea

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data