Cape Verde | 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 Cabo Verde
Records
53
Source
Cape Verde | 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
0.99996429 1980
0.82655795 1981
0.76400116 1982
0.66076185 1983
0.58501506 1984
0.54511778 1985
0.71747797 1986
0.82459513 1987
0.84461053 1988
0.77923989 1989
0.85556553 1990
0.85038348 1991
0.90258214 1992
1.13012847 1993
0.85873166 1994
0.9354282 1995
0.88771244 1996
0.79078424 1997
0.76520688 1998
0.7652667 1999
0.63561556 2000
0.61142714 2001
0.63028887 2002
0.7729305 2003
0.81868057 2004
0.78222683 2005
0.78421051 2006
0.84283732 2007
0.91093822 2008
0.88862244 2009
0.86920129 2010
0.92751961 2011
2012
Cape Verde | 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 Cabo Verde
Records
53
Source