Bangladesh - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Bangladesh was 32.37 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 32.37 in 2020 and a minimum value of 13.21 in 1993.

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 13.55
1991 13.47
1992 13.50
1993 13.21
1994 13.45
1995 14.11
1996 14.45
1997 14.73
1998 15.26
1999 15.61
2000 15.80
2001 15.96
2002 16.32
2003 16.96
2004 17.27
2005 17.51
2006 18.00
2007 18.66
2008 19.74
2009 20.92
2010 22.16
2011 23.41
2012 23.79
2013 24.97
2014 25.82
2015 27.28
2016 28.50
2017 29.74
2018 30.67
2019 31.47
2020 32.37

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 Bangladesh was 0.382 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.412 in 1990 and a minimum value of 0.268 in 2006.

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 0.412
1991 0.377
1992 0.358
1993 0.350
1994 0.335
1995 0.351
1996 0.353
1997 0.345
1998 0.336
1999 0.325
2000 0.314
2001 0.296
2002 0.284
2003 0.293
2004 0.293
2005 0.285
2006 0.268
2007 0.270
2008 0.288
2009 0.304
2010 0.320
2011 0.329
2012 0.301
2013 0.312
2014 0.332
2015 0.351
2016 0.364
2017 0.376
2018 0.373
2019 0.375
2020 0.382

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

The value for PPP conversion factor, private consumption (LCU per international $) in Bangladesh was 33.19 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 33.19 in 2021 and a minimum value of 12.33 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 12.33
1991 12.58
1992 12.65
1993 12.66
1994 12.99
1995 13.94
1996 13.86
1997 14.27
1998 15.23
1999 15.81
2000 15.63
2001 15.51
2002 15.78
2003 16.30
2004 17.08
2005 17.68
2006 18.29
2007 19.40
2008 20.35
2009 21.53
2010 22.90
2011 24.73
2012 24.42
2013 25.88
2014 26.82
2015 27.86
2016 28.47
2017 29.51
2018 30.41
2019 31.54
2020 32.92
2021 33.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity