Djibouti | 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
Republic of Djibouti
Records
63
Source
Djibouti | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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2011 0.52650966
2012 0.55294305
2013 0.56353657
2014 0.57455706
2015 0.58126099
2016 0.59715204
2017 0.59656825
2018 0.5863848
2019 0.57864191
2020 0.58134304
2021 0.56581115
2022 0.53215441

Djibouti | 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
Republic of Djibouti
Records
63
Source