Norway Gross Domestic Product: Purchasing Power Parity
Norway NO: GDP: PPP
NO: GDP: PPP data was reported at 324,403.930 Intl $ mn in 2017. This records an increase from the previous number of 307,833.639 Intl $ mn for 2016. NO: GDP: PPP data is updated yearly, averaging 185,524.780 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 340,619.794 Intl $ mn in 2013 and a record low of 78,221.777 Intl $ mn in 1990. NO: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 322,100.86 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GDP: PPP from 1990 to 2017 in the chart:
Norway NO: GDP: PPP: 2011 Price
NO: GDP: PPP: 2011 Price data was reported at 342,288.353 Intl $ mn in 2017. This records an increase from the previous number of 335,844.353 Intl $ mn for 2016. NO: GDP: PPP: 2011 Price data is updated yearly, averaging 277,816.134 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 342,288.353 Intl $ mn in 2017 and a record low of 181,593.428 Intl $ mn in 1990. NO: GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 342,288.35 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GDP: PPP: 2011 Price from 1990 to 2017 in the chart:
Norway NO: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita
NO: GDP: PPP: 2011 Price: GDP per Capita data was reported at 64,800.057 Intl $ in 2017. This records an increase from the previous number of 64,159.544 Intl $ for 2016. NO: GDP: PPP: 2011 Price: GDP per Capita data is updated yearly, averaging 60,677.024 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 65,083.259 Intl $ in 2007 and a record low of 42,813.765 Intl $ in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 64,800.06 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Norway NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure
NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data was reported at 133,414.961 Intl $ mn in 2017. This records an increase from the previous number of 130,118.134 Intl $ mn for 2016. NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data is updated yearly, averaging 89,897.186 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 133,414.961 Intl $ mn in 2017 and a record low of 57,754.851 Intl $ mn in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 133,414.96 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure from 1990 to 2017 in the chart:
NO: GDP: PPP: 2017 Price
NO: GDP: PPP: 2017 Price data was reported at 367,243.688 Intl $ mn in 2022. This records an increase from the previous number of 356,492.275 Intl $ mn for 2021. NO: GDP: PPP: 2017 Price data is updated yearly, averaging 295,039.152 Intl $ mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 367,243.688 Intl $ mn in 2022 and a record low of 179,423.908 Intl $ mn in 1990. NO: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 367,243.688 2022 | yearly | 1990 - 2022 |
View Norway's NO: GDP: PPP: 2017 Price from 1990 to 2022 in the chart:
NO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
NO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 152,055.370 Intl $ mn in 2022. This records an increase from the previous number of 143,136.933 Intl $ mn for 2021. NO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 107,963.738 Intl $ mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 152,055.370 Intl $ mn in 2022 and a record low of 61,666.032 Intl $ mn in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 152,055.370 2022 | yearly | 1990 - 2022 |
View Norway's NO: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 1990 to 2022 in the chart:
Norway NO: GDP: PPP:(GDP) Gross Domestic Productper Capita
NO: GDP: PPP: GDP per Capita data was reported at 61,414.281 Intl $ in 2017. This records an increase from the previous number of 58,808.391 Intl $ for 2016. NO: GDP: PPP: GDP per Capita data is updated yearly, averaging 40,516.038 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 67,056.117 Intl $ in 2013 and a record low of 18,442.125 Intl $ in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 60,978.28 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Norway NO: GDP: PPP: Household Final Consumption Expenditure
NO: GDP: PPP: Household Final Consumption Expenditure data was reported at 139,600.894 Intl $ mn in 2017. This records an increase from the previous number of 135,063.682 Intl $ mn for 2016. NO: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 76,450.218 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 139,600.894 Intl $ mn in 2017 and a record low of 38,013.769 Intl $ mn in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 135,063.68 2016 | yearly | 1990 - 2016 |
View Norway's Norway NO: GDP: PPP: Household Final Consumption Expenditure from 1990 to 2016 in the chart:
NO: GNI per Capita: PPP: 2017 Price
NO: GNI per Capita: PPP: 2017 Price data was reported at 72,368.942 Intl $ in 2021. This records an increase from the previous number of 62,561.748 Intl $ for 2020. NO: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 63,195.116 Intl $ from Dec 1990 to 2021, with 32 observations. The data reached an all-time high of 72,368.942 Intl $ in 2021 and a record low of 36,083.965 Intl $ in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 72,368.942 2021 | yearly | 1990 - 2021 |
View Norway's NO: GNI per Capita: PPP: 2017 Price from 1990 to 2021 in the chart:
Norway NO: GNI: PPP
NO: GNI: PPP data was reported at 337,954.042 Intl $ mn in 2017. This records an increase from the previous number of 322,635.673 Intl $ mn for 2016. NO: GNI: PPP data is updated yearly, averaging 186,246.385 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 349,842.614 Intl $ mn in 2014 and a record low of 76,033.349 Intl $ mn in 1990. NO: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 335,554.77 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GNI: PPP from 1990 to 2017 in the chart:
Norway NO: GNI: PPP: 2011 Price
NO: GNI: PPP: 2011 Price data was reported at 352,493,695,998.514 Intl $ in 2016. This records an increase from the previous number of 347,891,730,883.721 Intl $ for 2015. NO: GNI: PPP: 2011 Price data is updated yearly, averaging 273,426,434,435.169 Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 352,493,695,998.514 Intl $ in 2016 and a record low of 177,048,117,749.248 Intl $ in 1990. NO: GNI: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 352,497,408,638.97 2016 | yearly | 1990 - 2016 |
View Norway's Norway NO: GNI: PPP: 2011 Price from 1990 to 2016 in the chart:
Norway NO: GNI: PPP: 2011 Price: GNI per Capita
NO: GNI: PPP: 2011 Price: GNI per Capita data was reported at 67,340.227 Intl $ in 2016. This records an increase from the previous number of 67,028.075 Intl $ for 2015. NO: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 59,898.164 Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 67,340.227 Intl $ in 2016 and a record low of 41,742.130 Intl $ in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 67,340.94 2016 | yearly | 1990 - 2016 |
View Norway's Norway NO: GNI: PPP: 2011 Price: GNI per Capita from 1990 to 2016 in the chart:
NO: GNI: PPP: 2017 Price
NO: GNI: PPP: 2017 Price data was reported at 391,394.394 Intl $ mn in 2021. This records an increase from the previous number of 336,549.359 Intl $ mn for 2020. NO: GNI: PPP: 2017 Price data is updated yearly, averaging 301,895.717 Intl $ mn from Dec 1990 to 2021, with 32 observations. The data reached an all-time high of 391,394.394 Intl $ mn in 2021 and a record low of 153,049.165 Intl $ mn in 1990. NO: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 391,394.394 2021 | yearly | 1990 - 2021 |
View Norway's NO: GNI: PPP: 2017 Price from 1990 to 2021 in the chart:
Norway NO: GNI: PPP: GNI per Capita
NO: GNI: PPP: GNI per Capita data was reported at 63,980.000 Intl $ in 2017. This records an increase from the previous number of 61,640.000 Intl $ for 2016. NO: GNI: PPP: GNI per Capita data is updated yearly, averaging 40,675.000 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 68,100.000 Intl $ in 2014 and a record low of 17,930.000 Intl $ in 1990. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 63,530.00 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: GNI: PPP: GNI per Capita from 1990 to 2017 in the chart:
Norway NO: PPP Conversion Factor: GDP
NO: PPP Conversion Factor: GDP data was reported at 10.242 NOK/Intl $ in 2017. This records an increase from the previous number of 10.126 NOK/Intl $ for 2016. NO: PPP Conversion Factor: GDP data is updated yearly, averaging 9.109 NOK/Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 10.242 NOK/Intl $ in 2017 and a record low of 8.788 NOK/Intl $ in 2006. NO: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.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 |
|---|---|---|
| 10.24 2017 | yearly | 1990 - 2017 |
View Norway's Norway NO: PPP Conversion Factor: GDP from 1990 to 2017 in the chart:
Norway NO: PPP Conversion Factor: Private Consumption
NO: PPP Conversion Factor: Private Consumption data was reported at 10.504 NOK/Intl $ in 2016. This records an increase from the previous number of 10.196 NOK/Intl $ for 2015. NO: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 9.766 NOK/Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 10.504 NOK/Intl $ in 2016 and a record low of 9.366 NOK/Intl $ in 1996. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 10.50 2016 | yearly | 1990 - 2016 |
View Norway's Norway NO: PPP Conversion Factor: Private Consumption from 1990 to 2016 in the chart:
Norway NO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
NO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 1.238 % in 2017. This records an increase from the previous number of 1.205 % for 2016. NO: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.382 % from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 1.621 % in 2011 and a record low of 1.019 % in 2001. NO: 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 Norway – Table NO.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 |
|---|---|---|
| 1.24 2017 | yearly | 1990 - 2017 |