Ghana | 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 Ghana
Records
63
Source
Ghana | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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0.52810053 1990
0.54403061 1991
0.49753729 1992
0.43122868 1993
0.37294363 1994
0.41643471 1995
0.41929411 1996
0.39321534 1997
0.40321146 1998
0.39286571 1999
0.23916792 2000
0.23988812 2001
0.26224102 2002
0.30259323 2003
0.32470843 2004
0.35966213 2005
0.38925949 2006
0.43179119 2007
0.44837342 2008
0.38595449 2009
0.43688333 2010
0.4584833 2011
0.41979008 2012
0.44593582 2013
0.36138584 2014
0.34076928 2015
0.39496392 2016
0.40545595 2017
0.41536531 2018
0.3890282 2019
0.39158631 2020
0.40492155 2021
0.34041841 2022
Ghana | 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 Ghana
Records
63
Source