Bolivia - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Bolivia was 2.62 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 3.05 in 2012 and a minimum value of 0.95 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 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 0.95
1991 1.08
1992 1.19
1993 1.24
1994 1.31
1995 1.43
1996 1.57
1997 1.63
1998 1.73
1999 1.74
2000 1.79
2001 1.79
2002 1.81
2003 1.89
2004 1.99
2005 2.04
2006 2.25
2007 2.36
2008 2.55
2009 2.47
2010 2.66
2011 2.98
2012 3.05
2013 3.03
2014 3.02
2015 2.94
2016 2.83
2017 2.75
2018 2.77
2019 2.70
2020 2.62

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 Bolivia was 0.379 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.441 in 2012 and a minimum value of 0.247 in 2003.

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 0.299
1991 0.301
1992 0.306
1993 0.291
1994 0.284
1995 0.299
1996 0.310
1997 0.311
1998 0.314
1999 0.300
2000 0.290
2001 0.271
2002 0.253
2003 0.247
2004 0.250
2005 0.253
2006 0.281
2007 0.300
2008 0.352
2009 0.352
2010 0.378
2011 0.430
2012 0.441
2013 0.439
2014 0.437
2015 0.426
2016 0.410
2017 0.398
2018 0.400
2019 0.391
2020 0.379

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

The value for PPP conversion factor, private consumption (LCU per international $) in Bolivia was 2.50 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 2.89 in 2011 and a minimum value of 1.19 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 1.19
1991 1.39
1992 1.51
1993 1.59
1994 1.68
1995 1.80
1996 1.96
1997 2.01
1998 2.13
1999 2.13
2000 2.15
2001 2.13
2002 2.11
2003 2.13
2004 2.17
2005 2.21
2006 2.24
2007 2.36
2008 2.59
2009 2.69
2010 2.71
2011 2.89
2012 2.74
2013 2.78
2014 2.77
2015 2.73
2016 2.66
2017 2.61
2018 2.61
2019 2.61
2020 2.60
2021 2.50

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity