Guinea | 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 Guinea
Records
53
Source
Guinea | PPP conversion factor (GDP) to market exchange rate ratio
1960
1961
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1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1985
0.70748738 1986
0.70655388 1987
0.75009309 1988
0.70896957 1989
0.7179075 1990
0.76500049 1991
0.79039679 1992
0.73505317 1993
0.71488643 1994
0.72916094 1995
0.71841999 1996
0.65534593 1997
0.59134142 1998
0.54151188 1999
0.44749335 2000
0.39931136 2001
0.38895594 2002
0.43960288 2003
0.44446339 2004
0.33458754 2005
0.3037754 2006
0.43284309 2007
0.3622277 2008
0.39519126 2009
0.4377751 2010
0.44288821 2011
2012
Guinea | 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 Guinea
Records
53
Source