United Arab Emirates | 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
United Arab Emirates
Records
63
Source
United Arab Emirates | Price level ratio of PPP conversion factor (GDP) to market exchange rate
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1980
1981
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1990 0.30721963
1991 0.29957965
1992 0.29819689
1993 0.2950151
1994 0.28808884
1995 0.29319779
1996 0.30454805
1997 0.2965343
1998 0.28064371
1999 0.30011027
2000 0.32709111
2001 0.3123692
2002 0.31917372
2003 0.32574291
2004 0.34419606
2005 0.38888424
2006 0.42237056
2007 0.46280294
2008 0.53825252
2009 0.45362224
2010 0.52231922
2011 0.57906287
2012 0.59298151
2013 0.60267283
2014 0.5943001
2015 0.59572081
2016 0.59625653
2017 0.6049808
2018 0.63766672
2019 0.60641831
2020 0.52658678
2021 0.57371062
2022 0.60694538

United Arab Emirates | 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
United Arab Emirates
Records
63
Source