Greenland PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

Greenland PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.839 Ratio in 2021. This records a decrease from the previous number of 0.843 Ratio for 2020. Greenland PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.845 Ratio from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 0.951 Ratio in 1995 and a record low of 0.630 Ratio in 2001. Greenland 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 Greenland – Table GL.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.;;

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