Algeria | PPP conversion factor (GDP) to market exchange rate ratio

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.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
53
Source
Algeria | PPP conversion factor (GDP) to market exchange rate ratio
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980 0.74152404
1981 0.6893759
1982 0.62252181
1983 0.61332664
1984 0.61594838
1985 0.6218749
1986 0.66606603
1987 0.6828308
1988 0.5900893
1989 0.51284059
1990 0.54669153
1991 0.39429975
1992 0.39832255
1993 0.41425455
1994 0.34894675
1995 0.32251714
1996 0.34216334
1997 0.34078495
1998 0.31982201
1999 0.30829677
2000 0.3326014
2001 0.31924826
2002 0.31022396
2003 0.33883893
2004 0.39156024
2005 0.43407623
2006 0.47200775
2007 0.51617564
2008 0.62094932
2009 0.48346379
2010 0.54501742
2011 0.60587617
2012

Algeria | PPP conversion factor (GDP) to market exchange rate ratio

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.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
53
Source