Iraq | 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 Iraq
Records
63
Source
Iraq | Price level ratio of PPP conversion factor (GDP) to market exchange rate
1960
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1970
1971
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1973
1974
1975
1976
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1978
1979
1980
1981
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1990
0.00852038 1991
0.0085303 1992
0.0119202 1993
0.04346552 1994
0.13467606 1995
0.0963953 1996
0.15555454 1997
0.11325389 1998
0.16990634 1999
0.18633736 2000
0.13394975 2001
0.13077394 2002
0.13478546 2003
0.14298982 2004
0.1859776 2005
0.22267895 2006
0.29022229 2007
0.38980684 2008
0.31785264 2009
0.36618412 2010
0.44729932 2011
0.45082874 2012
0.45551301 2013
0.47794123 2014
0.48016837 2015
0.48264381 2016
0.47361554 2017
0.54726751 2018
0.52357654 2019
0.45499337 2020
0.49206056 2021
0.54643037 2022
Iraq | 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 Iraq
Records
63
Source