Congo, 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
Republic of the Congo
Records
53
Source
Congo, 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 0.67298631
1981 0.61137845
1982 0.50533282
1983 0.44575426
1984 0.42004438
1985 0.40633659
1986 0.36519418
1987 0.44001152
1988 0.40232852
1989 0.40814935
1990 0.45600643
1991 0.41933072
1992 0.43083201
1993 0.27854047
1994 0.26633022
1995 0.29933631
1996 0.33863228
1997 0.30563396
1998 0.24385367
1999 0.29787896
2000 0.3707506
2001 0.30308236
2002 0.30821071
2003 0.34659784
2004 0.4332234
2005 0.5095288
2006 0.59013975
2007 0.63273803
2008 0.82835982
2009 0.61544128
2010 0.70336641
2011 0.79922871
2012
Congo, 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
Republic of the Congo
Records
53
Source