China | Price level ratio of PPP conversion factor (GDP) to market exchange rate
Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries. Statistical concept and methodology: For more information on underlying GDP in current international dollar, please refer to the metadata for "GDP, PPP (current international $)" [NY.GDP.MKTP.PP.CD]. For more information on market exchange reate, please refer to the metadata for "DEC alternative conversion factor (LCU per US$)" [PA.NUS.ATLS]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source
China | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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0.35415892 1990
0.32847875 1991
0.33541671 1992
0.36120229 1993
0.2851753 1994
0.32765177 1995
0.34423158 1996
0.34487696 1997
0.33841155 1998
0.32952405 1999
0.32885865 2000
0.32825338 2001
0.32516639 2002
0.32717079 2003
0.34077779 2004
0.34677093 2005
0.35928444 2006
0.39507098 2007
0.45747521 2008
0.46139394 2009
0.49168907 2010
0.54545987 2011
0.56412865 2012
0.59131502 2013
0.61184833 2014
0.62155024 2015
0.60032364 2016
0.61902099 2017
0.63914813 2018
0.60904335 2019
0.60482606 2020
0.64756674 2021
0.59211821 2022
China | Price level ratio of PPP conversion factor (GDP) to market exchange rate
Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries. Statistical concept and methodology: For more information on underlying GDP in current international dollar, please refer to the metadata for "GDP, PPP (current international $)" [NY.GDP.MKTP.PP.CD]. For more information on market exchange reate, please refer to the metadata for "DEC alternative conversion factor (LCU per US$)" [PA.NUS.ATLS]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source