Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

2008 - 2023 | Yearly | Ratio | World Bank

Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.918 Ratio in 2023. This records an increase from the previous number of 0.890 Ratio for 2022. Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.057 Ratio from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 1.246 Ratio in 2008 and a record low of 0.890 Ratio in 2022. Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

View Faroe Islands's Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio from 2008 to 2023 in the chart:

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Faroe Islands Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
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Faroe Islands Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

What was Faroe Islands's Faroe Islands PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2023?

Last Previous Min Max Unit Frequency Range
0.918 2023 0.890 2022 0.890 2022 1.246 2008 Ratio yearly 2008 - 2023

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Faroe Islands Key Series

Foreign Trade Last Frequency Range
Aluminum: Exports (USD th) 2.972 2023 yearly 1996 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 3.602 2023 yearly 1995 - 2023
Imports: Medicament (USD th) 26,160.640 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 6,634.409 2023 yearly 1995 - 2023
Transport and Telecommunications Last Frequency Range
Exports: ICT Goods (USD th) 169.934 2009 yearly 2006 - 2009
Exports: Telecommunication Equipment (USD th) 380.228 2023 yearly 1995 - 2023
Exports: Television (USD th) 24.808 2023 yearly 1995 - 2023
Imports: ICT Goods (USD th) 33,342.955 2009 yearly 2000 - 2009
Imports: Telecommunication Equipment (USD th) 13,254.160 2023 yearly 1995 - 2023
Imports: Television (USD th) 4,243.754 2023 yearly 1995 - 2023
Liner Shipping Connectivity Index (2004=100) 4.780 2018 yearly 2004 - 2018
Number of Subscriber Mobile (Person) 59,213.000 2021 yearly 1960 - 2021
Teledensity: Mobile (Number) 111.959 2021 yearly 1960 - 2021

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