Angola | 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
Republic of Angola
Records
53
Source
Angola | PPP conversion factor (GDP) to market exchange rate ratio
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0.40521436 1985
0.36014676 1986
0.3766889 1987
0.37235396 1988
0.41602681 1989
0.4443493 1990
0.51693452 1991
0.25773794 1992
0.30632102 1993
0.22277652 1994
0.24480602 1995
0.32306801 1996
0.17404972 1997
0.03269262 1998
0.05883152 1999
0.13584142 2000
0.14032505 2001
0.17765504 2002
0.31470596 2003
0.41869016 2004
0.55354759 2005
0.63512036 2006
0.71059469 2007
0.78700449 2008
0.6207331 2009
0.73964498 2010
0.89837768 2011
2012
Angola | 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
Republic of Angola
Records
53
Source