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
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1.43300946 1980
1.11497211 1981
1.14956632 1982
0.8791648 1983
0.57316051 1984
0.50689824 1985
0.5327239 1986
0.47706487 1987
0.53070058 1988
0.52739186 1989
0.56360829 1990
0.57854089 1991
0.57165667 1992
0.84353222 1993
0.46760202 1994
0.43999858 1995
0.44672095 1996
0.490052 1997
0.50130287 1998
0.39118801 1999
0.375886 2000
0.40914339 2001
0.45982282 2002
0.43533172 2003
0.45594892 2004
0.45212771 2005
0.50902876 2006
0.5283435 2007
0.5677336 2008
0.5229145 2009
0.56682114 2010
0.61952553 2011
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