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
0.74152404 1980
0.6893759 1981
0.62252181 1982
0.61332664 1983
0.61594838 1984
0.6218749 1985
0.66606603 1986
0.6828308 1987
0.5900893 1988
0.51284059 1989
0.54669153 1990
0.39429975 1991
0.39832255 1992
0.41425455 1993
0.34894675 1994
0.32251714 1995
0.34216334 1996
0.34078495 1997
0.31982201 1998
0.30829677 1999
0.3326014 2000
0.31924826 2001
0.31022396 2002
0.33883893 2003
0.39156024 2004
0.43407623 2005
0.47200775 2006
0.51617564 2007
0.62094932 2008
0.48346379 2009
0.54501742 2010
0.60587617 2011
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