Mongolia Gross Domestic Product: Purchasing Power Parity
Mongolia MN: GDP: PPP
MN: GDP: PPP data was reported at 39,981.962 Intl $ mn in 2017. This records an increase from the previous number of 37,092.519 Intl $ mn for 2016. MN: GDP: PPP data is updated yearly, averaging 11,549.086 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 39,981.962 Intl $ mn in 2017 and a record low of 6,277.345 Intl $ mn in 1993. MN: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. 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.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 39,981.96 2017 | yearly | 1990 - 2017 |
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Mongolia MN: GDP: PPP: 2011 Price
MN: GDP: PPP: 2011 Price data was reported at 36,418.263 Intl $ mn in 2017. This records an increase from the previous number of 34,394.288 Intl $ mn for 2016. MN: GDP: PPP: 2011 Price data is updated yearly, averaging 13,560.428 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 36,418.263 Intl $ mn in 2017 and a record low of 8,976.326 Intl $ mn in 1993. MN: GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 36,418.26 2017 | yearly | 1990 - 2017 |
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Mongolia MN: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita
MN: GDP: PPP: 2011 Price: GDP per Capita data was reported at 11,840.846 Intl $ in 2017. This records an increase from the previous number of 11,361.006 Intl $ for 2016. MN: GDP: PPP: 2011 Price: GDP per Capita data is updated yearly, averaging 5,459.818 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 11,840.846 Intl $ in 2017 and a record low of 3,966.210 Intl $ in 1993. MN: GDP: PPP: 2011 Price: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 11,840.85 2017 | yearly | 1990 - 2017 |
View Mongolia's Mongolia MN: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Mongolia MN: GDP: PPP: 2011 Price: Household Final Consumption Expenditure
MN: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data was reported at 16,355.732 Intl $ mn in 2017. This records an increase from the previous number of 15,675.625 Intl $ mn for 2016. MN: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data is updated yearly, averaging 15,331.466 Intl $ mn from Dec 2010 to 2017, with 8 observations. The data reached an all-time high of 17,228.026 Intl $ mn in 2015 and a record low of 9,919.618 Intl $ mn in 2010. MN: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 16,355.73 2017 | yearly | 2010 - 2017 |
View Mongolia's Mongolia MN: GDP: PPP: 2011 Price: Household Final Consumption Expenditure from 2010 to 2017 in the chart:
MN: GDP: PPP: 2017 Price
MN: GDP: PPP: 2017 Price data was reported at 41,029.307 Intl $ mn in 2022. This records an increase from the previous number of 39,063.361 Intl $ mn for 2021. MN: GDP: PPP: 2017 Price data is updated yearly, averaging 16,116.265 Intl $ mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 41,029.307 Intl $ mn in 2022 and a record low of 8,722.653 Intl $ mn in 1993. MN: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 41,029.307 2022 | yearly | 1990 - 2022 |
View Mongolia's MN: GDP: PPP: 2017 Price from 1990 to 2022 in the chart:
MN: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
MN: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 22,152.352 Intl $ mn in 2022. This records an increase from the previous number of 20,500.028 Intl $ mn for 2021. MN: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 17,298.104 Intl $ mn from Dec 2010 to 2022, with 13 observations. The data reached an all-time high of 22,152.352 Intl $ mn in 2022 and a record low of 9,787.598 Intl $ mn in 2010. MN: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 22,152.352 2022 | yearly | 2010 - 2022 |
View Mongolia's MN: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 2010 to 2022 in the chart:
Mongolia MN: GDP: PPP:(GDP) Gross Domestic Productper Capita
MN: GDP: PPP: GDP per Capita data was reported at 12,999.529 Intl $ in 2017. This records an increase from the previous number of 12,252.277 Intl $ for 2016. MN: GDP: PPP: GDP per Capita data is updated yearly, averaging 4,649.645 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 12,999.529 Intl $ in 2017 and a record low of 2,773.659 Intl $ in 1993. MN: GDP: PPP: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 12,999.53 2017 | yearly | 1990 - 2017 |
View Mongolia's Mongolia MN: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Mongolia MN: GDP: PPP: Household Final Consumption Expenditure
MN: GDP: PPP: Household Final Consumption Expenditure data was reported at 15,000.931 Intl $ mn in 2016. This records a decrease from the previous number of 16,152.106 Intl $ mn for 2015. MN: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 4,647.273 Intl $ mn from Dec 1992 to 2016, with 25 observations. The data reached an all-time high of 16,152.106 Intl $ mn in 2015 and a record low of 1,187.288 Intl $ mn in 1994. MN: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 15,000.93 2016 | yearly | 1992 - 2016 |
View Mongolia's Mongolia MN: GDP: PPP: Household Final Consumption Expenditure from 1992 to 2016 in the chart:
MN: GNI per Capita: PPP: 2017 Price
MN: GNI per Capita: PPP: 2017 Price data was reported at 10,609.677 Intl $ in 2022. This records an increase from the previous number of 9,964.894 Intl $ for 2021. MN: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 10,385.184 Intl $ from Dec 2015 to 2022, with 8 observations. The data reached an all-time high of 11,079.482 Intl $ in 2019 and a record low of 9,829.690 Intl $ in 2017. MN: GNI per Capita: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 10,609.677 2022 | yearly | 2015 - 2022 |
View Mongolia's MN: GNI per Capita: PPP: 2017 Price from 2015 to 2022 in the chart:
Mongolia MN: GNI: PPP
MN: GNI: PPP data was reported at 34,369.643 Intl $ mn in 2017. This records a decrease from the previous number of 34,582.776 Intl $ mn for 2016. MN: GNI: PPP data is updated yearly, averaging 11,476.019 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 34,582.776 Intl $ mn in 2016 and a record low of 6,057.337 Intl $ mn in 1993. MN: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. 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.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 34,369.64 2017 | yearly | 1990 - 2017 |
View Mongolia's Mongolia MN: GNI: PPP from 1990 to 2017 in the chart:
Mongolia MN: GNI: PPP: 2011 Price
MN: GNI: PPP: 2011 Price data was reported at 31,073,416,143.033 Intl $ in 2017. This records a decrease from the previous number of 32,145,748,477.498 Intl $ for 2016. MN: GNI: PPP: 2011 Price data is updated yearly, averaging 29,787,765,243.880 Intl $ from Dec 2010 to 2017, with 8 observations. The data reached an all-time high of 32,145,748,477.498 Intl $ in 2016 and a record low of 19,274,102,220.839 Intl $ in 2010. MN: GNI: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 31,068,585,978.11 2017 | yearly | 2010 - 2017 |
View Mongolia's Mongolia MN: GNI: PPP: 2011 Price from 2010 to 2017 in the chart:
Mongolia MN: GNI: PPP: 2011 Price: GNI per Capita
MN: GNI: PPP: 2011 Price: GNI per Capita data was reported at 10,103.050 Intl $ in 2017. This records a decrease from the previous number of 10,618.276 Intl $ for 2016. MN: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 10,113.485 Intl $ from Dec 2010 to 2017, with 8 observations. The data reached an all-time high of 10,618.276 Intl $ in 2016 and a record low of 7,105.267 Intl $ in 2010. MN: GNI: PPP: 2011 Price: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 10,101.48 2017 | yearly | 2010 - 2017 |
View Mongolia's Mongolia MN: GNI: PPP: 2011 Price: GNI per Capita from 2010 to 2017 in the chart:
MN: GNI: PPP: 2017 Price
MN: GNI: PPP: 2017 Price data was reported at 36,055.566 Intl $ mn in 2022. This records an increase from the previous number of 33,360.292 Intl $ mn for 2021. MN: GNI: PPP: 2017 Price data is updated yearly, averaging 33,960.750 Intl $ mn from Dec 2015 to 2022, with 8 observations. The data reached an all-time high of 36,055.566 Intl $ mn in 2022 and a record low of 30,263.423 Intl $ mn in 2015. MN: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 36,055.566 2022 | yearly | 2015 - 2022 |
View Mongolia's MN: GNI: PPP: 2017 Price from 2015 to 2022 in the chart:
Mongolia MN: GNI: PPP: GNI per Capita
MN: GNI: PPP: GNI per Capita data was reported at 11,170.000 Intl $ in 2017. This records a decrease from the previous number of 11,420.000 Intl $ for 2016. MN: GNI: PPP: GNI per Capita data is updated yearly, averaging 4,620.000 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 11,420.000 Intl $ in 2016 and a record low of 2,680.000 Intl $ in 1993. MN: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 11,170.00 2017 | yearly | 1990 - 2017 |
View Mongolia's Mongolia MN: GNI: PPP: GNI per Capita from 1990 to 2017 in the chart:
Mongolia MN: PPP Conversion Factor: GDP
MN: PPP Conversion Factor: GDP data was reported at 701.023 MNT/Intl $ in 2017. This records an increase from the previous number of 645.301 MNT/Intl $ for 2016. MN: PPP Conversion Factor: GDP data is updated yearly, averaging 180.675 MNT/Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 701.023 MNT/Intl $ in 2017 and a record low of 1.771 MNT/Intl $ in 1990. MN: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.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.; ;
| Last | Frequency | Range |
|---|---|---|
| 701.02 2017 | yearly | 1990 - 2017 |
View Mongolia's Mongolia MN: PPP Conversion Factor: GDP from 1990 to 2017 in the chart:
Mongolia MN: PPP Conversion Factor: Private Consumption
MN: PPP Conversion Factor: Private Consumption data was reported at 844.678 MNT/Intl $ in 2016. This records a decrease from the previous number of 846.402 MNT/Intl $ for 2015. MN: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 329.465 MNT/Intl $ from Dec 1992 to 2016, with 25 observations. The data reached an all-time high of 846.402 MNT/Intl $ in 2015 and a record low of 19.976 MNT/Intl $ in 1992. MN: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.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 private consumption (i.e., household final consumption expenditure). 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.; ;
| Last | Frequency | Range |
|---|---|---|
| 844.68 2016 | yearly | 1992 - 2016 |
View Mongolia's Mongolia MN: PPP Conversion Factor: Private Consumption from 1992 to 2016 in the chart:
Mongolia MN: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
MN: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.287 % in 2017. This records a decrease from the previous number of 0.302 % for 2016. MN: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.216 % from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 0.438 % in 2012 and a record low of 0.122 % in 1993. MN: 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 Mongolia – Table MN.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 amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.29 2017 | yearly | 1990 - 2017 |