Gabon | 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
Gabonese Republic
Records
53
Source
Gabon | 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 0.77208469
1981 0.60619097
1982 0.55235172
1983 0.47158926
1984 0.44398824
1985 0.41368242
1986 0.4156956
1987 0.46999021
1988 0.470258
1989 0.45583693
1990 0.59361103
1991 0.49109546
1992 0.51370561
1993 0.37864123
1994 0.34245332
1995 0.37723676
1996 0.41073934
1997 0.35652375
1998 0.28597219
1999 0.32188049
2000 0.34899077
2001 0.31072487
2002 0.32080257
2003 0.37643693
2004 0.42830191
2005 0.485774
2006 0.5123428
2007 0.57177083
2008 0.68677209
2009 0.51775352
2010 0.58153994
2011 0.70112406
2012
Gabon | 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
Gabonese Republic
Records
53
Source