Benin | 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 Benin
Records
53
Source
Benin | 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 0.73550152
1981 0.56192269
1982 0.50870689
1983 0.44201186
1984 0.37877938
1985 0.34005176
1986 0.41594917
1987 0.47975374
1988 0.46493775
1989 0.42765767
1990 0.49327818
1991 0.46390559
1992 0.37661147
1993 0.46718346
1994 0.31531692
1995 0.39450822
1996 0.40437106
1997 0.36045699
1998 0.37007635
1999 0.35100109
2000 0.31055556
2001 0.30279142
2002 0.3205461
2003 0.38287992
2004 0.41125885
2005 0.41629946
2006 0.41966097
2007 0.45617971
2008 0.51198842
2009 0.48861792
2010 0.47119361
2011 0.49519869
2012

Benin | 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 Benin
Records
53
Source