South Africa | 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 South Africa
Records
63
Source
South Africa | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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0.48643232 1990
0.50988881 1991
0.55369449 1992
0.53334415 1993
0.5277199 1994
0.56085304 1995
0.50192267 1996
0.49783039 1997
0.44347315 1998
0.42296847 1999
0.39754498 2000
0.33784536 2001
0.30576729 2002
0.44453349 2003
0.53760245 2004
0.55911863 2005
0.54025631 2006
0.54728577 2007
0.49390587 2008
0.51990488 2009
0.63103815 2010
0.65783524 2011
0.62215334 2012
0.54876979 2013
0.51380356 2014
0.45685773 2015
0.41873527 2016
0.48274238 2017
0.49315969 2018
0.46421765 2019
0.42341582 2020
0.48061964 2021
0.42501887 2022
South Africa | 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 South Africa
Records
63
Source