Tanzania | 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
United Republic of Tanzania
Records
53
Source
Tanzania | PPP conversion factor (GDP) to market exchange rate ratio
1960
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1967
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1971
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1973
1974
1975
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1980
1981
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1987
0.39718107 1988
0.31968748 1989
0.27722687 1990
0.30571482 1991
0.27633888 1992
0.2472305 1993
0.25274112 1994
0.2778352 1995
0.32279877 1996
0.3618369 1997
0.41845438 1998
0.40821192 1999
0.39993789 2000
0.37610701 2001
0.35939424 2002
0.35531484 2003
0.3525799 2004
0.35044314 2005
0.32231996 2006
0.34322334 2007
0.38480624 2008
0.3695277 2009
0.36760755 2010
0.35194983 2011
2012
Tanzania | 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
United Republic of Tanzania
Records
53
Source