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
0.95105983 1980
0.74797159 1981
0.64477079 1982
0.58194053 1983
0.54648596 1984
0.48531455 1985
0.5899179 1986
0.67162706 1987
0.62001187 1988
0.56582478 1989
0.62853359 1990
0.5565243 1991
0.58729502 1992
0.38810488 1993
0.35584476 1994
0.40777699 1995
0.40947319 1996
0.36299701 1997
0.36478212 1998
0.35137284 1999
0.31085087 2000
0.30698919 2001
0.32723369 2002
0.3830085 2003
0.41596537 2004
0.42971606 2005
0.4211968 2006
0.4659607 2007
0.52490269 2008
0.51154266 2009
0.48430142 2010
0.5150011 2011
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