Eritrea ER: PPP Conversion Factor: GDP

Eritrea ER: PPP Conversion Factor: GDP data was reported at 5.932 ERN/Intl $ in 2011. This records an increase from the previous number of 5.342 ERN/Intl $ for 2010. Eritrea ER: PPP Conversion Factor: GDP data is updated yearly, averaging 1.816 ERN/Intl $ from Dec 1992 to 2011, with 20 observations. The data reached an all-time high of 5.932 ERN/Intl $ in 2011 and a record low of 0.890 ERN/Intl $ in 1993. Eritrea ER: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;

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