Congo, Dem. Rep. | 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
Democratic Republic of the Congo
Records
53
Source
Congo, Dem. Rep. | 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 1.43300946
1981 1.11497211
1982 1.14956632
1983 0.8791648
1984 0.57316051
1985 0.50689824
1986 0.5327239
1987 0.47706487
1988 0.53070058
1989 0.52739186
1990 0.56360829
1991 0.57854089
1992 0.57165667
1993 0.84353222
1994 0.46760202
1995 0.43999858
1996 0.44672095
1997 0.490052
1998 0.50130287
1999 0.39118801
2000 0.375886
2001 0.40914339
2002 0.45982282
2003 0.43533172
2004 0.45594892
2005 0.45212771
2006 0.50902876
2007 0.5283435
2008 0.5677336
2009 0.5229145
2010 0.56682114
2011 0.61952553
2012

Congo, Dem. Rep. | 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
Democratic Republic of the Congo
Records
53
Source