Djibouti | 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 Djibouti
Records
53
Source
Djibouti | PPP conversion factor (GDP) to market exchange rate ratio
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0.40703865 1990
0.42042974 1991
0.4257564 1992
0.43495377 1993
0.45398257 1994
0.46533851 1995
0.47330402 1996
0.47605356 1997
0.47980786 1998
0.48241879 1999
0.48353445 2000
0.48113544 2001
0.47644187 2002
0.47579683 2003
0.47727829 2004
0.47650541 2005
0.47777414 2006
0.48720011 2007
0.52205493 2008
0.52396152 2009
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Djibouti | 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 Djibouti
Records
53
Source