Libya | 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
State of Libya
Records
63
Source
Libya | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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1980
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1984
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1989
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1991
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1999 0.34879799
2000 0.34995394
2001 0.31052589
2002 0.18536501
2003 0.20626125
2004 0.24248739
2005 0.30034614
2006 0.34731671
2007 0.3603994
2008 0.45143077
2009 0.32904176
2010 0.38375762
2011 0.48374385
2012 0.53636142
2013 0.52160644
2014 0.45213535
2015 0.35498199
2016 0.36325395
2017 0.43485545
2018 0.449223
2019 0.44878205
2020 0.42644656
2021 0.26412993
2022 0.2872246
Libya | 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
State of Libya
Records
63
Source