Niger | 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 Niger
Records
53
Source
Niger | PPP conversion factor (GDP) to market exchange rate ratio
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980 0.95105983
1981 0.74797159
1982 0.64477079
1983 0.58194053
1984 0.54648596
1985 0.48531455
1986 0.5899179
1987 0.67162706
1988 0.62001187
1989 0.56582478
1990 0.62853359
1991 0.5565243
1992 0.58729502
1993 0.38810488
1994 0.35584476
1995 0.40777699
1996 0.40947319
1997 0.36299701
1998 0.36478212
1999 0.35137284
2000 0.31085087
2001 0.30698919
2002 0.32723369
2003 0.3830085
2004 0.41596537
2005 0.42971606
2006 0.4211968
2007 0.4659607
2008 0.52490269
2009 0.51154266
2010 0.48430142
2011 0.5150011
2012

Niger | 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 Niger
Records
53
Source