Kenya | 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 Kenya
Records
53
Source
Kenya | PPP conversion factor (GDP) to market exchange rate ratio
1960
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1979
0.68033462 1980
0.56552151 1981
0.49273331 1982
0.43495209 1983
0.42660042 1984
0.39327424 1985
0.4235036 1986
0.42764575 1987
0.40789042 1988
0.37223386 1989
0.35622276 1990
0.32295532 1991
0.32109651 1992
0.21937744 1993
0.26034133 1994
0.30839493 1995
0.38743987 1996
0.41191709 1997
0.42260296 1998
0.37250609 1999
0.3570847 2000
0.34388286 2001
0.34073921 2002
0.36752167 2003
0.36728499 2004
0.39076866 2005
0.42757652 2006
0.47004396 2007
0.50665353 2008
0.48859215 2009
0.48298808 2010
0.47265091 2011
2012
Kenya | 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 Kenya
Records
53
Source