Morocco - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Morocco was 3.94 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 4.25 in 1995 and a minimum value of 3.67 in 2011.

Definition: 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).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 3.90
1991 3.98
1992 4.07
1993 4.09
1994 4.03
1995 4.25
1996 4.19
1997 4.15
1998 4.12
1999 4.08
2000 3.96
2001 3.90
2002 3.89
2003 3.86
2004 3.80
2005 3.73
2006 3.68
2007 3.71
2008 3.81
2009 3.78
2010 3.78
2011 3.67
2012 3.75
2013 3.79
2014 4.03
2015 4.00
2016 3.99
2017 4.02
2018 3.97
2019 3.96
2020 3.94

Price level ratio of PPP conversion factor (GDP) to market exchange rate

The value for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Morocco was 0.415 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.498 in 1995 and a minimum value of 0.345 in 2001.

Definition: 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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 0.473
1991 0.457
1992 0.476
1993 0.440
1994 0.438
1995 0.498
1996 0.481
1997 0.435
1998 0.429
1999 0.416
2000 0.373
2001 0.345
2002 0.353
2003 0.403
2004 0.429
2005 0.421
2006 0.418
2007 0.453
2008 0.491
2009 0.469
2010 0.448
2011 0.454
2012 0.435
2013 0.451
2014 0.480
2015 0.409
2016 0.407
2017 0.415
2018 0.423
2019 0.411
2020 0.415

PPP conversion factor, private consumption (LCU per international $)

The value for PPP conversion factor, private consumption (LCU per international $) in Morocco was 4.05 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 4.60 in 1996 and a minimum value of 4.00 in 1990.

Definition: 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).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 4.00
1991 4.15
1992 4.26
1993 4.35
1994 4.46
1995 4.60
1996 4.60
1997 4.55
1998 4.60
1999 4.53
2000 4.47
2001 4.37
2002 4.42
2003 4.38
2004 4.33
2005 4.22
2006 4.23
2007 4.19
2008 4.19
2009 4.24
2010 4.22
2011 4.13
2012 4.04
2013 4.18
2014 4.38
2015 4.40
2016 4.38
2017 4.29
2018 4.26
2019 4.20
2020 4.18
2021 4.05

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity