Gambia, The | 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 Gambia
Records
53
Source
Gambia, The | 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
0.4895573 1980
0.39311533 1981
0.36875641 1982
0.31605605 1983
0.24444407 1984
0.30438987 1985
0.23524404 1986
0.26510404 1987
0.29638085 1988
0.28737427 1989
0.29837733 1990
0.6093051 1991
0.59725407 1992
0.59974964 1993
0.58023304 1994
0.59183098 1995
0.61393139 1996
0.54399055 1997
0.54195233 1998
0.48672253 1999
0.43394602 2000
0.35214082 2001
0.30127145 2002
0.2325454 2003
0.2510926 2004
0.26457548 2005
0.2660031 2006
0.30421093 2007
0.34029589 2008
0.29424174 2009
0.28986312 2010
0.27960988 2011
2012

Gambia, The | 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 Gambia
Records
53
Source