Ghana | 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 Ghana
Records
53
Source
Ghana | PPP conversion factor (GDP) to market exchange rate ratio
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1979
0.85860436 1980
0.77275469 1981
0.74800304 1982
0.75792499 1983
0.73117758 1984
0.68922088 1985
0.81486178 1986
0.66934611 1987
0.6272001 1988
0.58115989 1989
0.60765511 1990
0.62587198 1991
0.57335439 1992
0.49780716 1993
0.43094289 1994
0.48011983 1995
0.48370166 1996
0.45271186 1997
0.46294262 1998
0.45081046 1999
0.2747168 2000
0.27550597 2001
0.30098411 2002
0.34684586 2003
0.37173562 2004
0.41053526 2005
0.71087357 2006
0.78714756 2007
0.81840507 2008
0.70734852 2009
0.80541574 2010
0.83913143 2011
2012
Ghana | 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 Ghana
Records
53
Source