Marshall Islands MH: PPP Conversion Factor: GDP

Marshall Islands MH: PPP Conversion Factor: GDP data was reported at 0.895 USD/Intl $ in 2017. This records a decrease from the previous number of 0.911 USD/Intl $ for 2016. Marshall Islands MH: PPP Conversion Factor: GDP data is updated yearly, averaging 0.920 USD/Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 0.977 USD/Intl $ in 1999 and a record low of 0.869 USD/Intl $ in 2015. Marshall Islands MH: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Marshall Islands – Table MH.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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