Bulgaria - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Bulgaria was 0.704 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.705 in 2019 and a minimum value of 0.001 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 0.001
1991 0.002
1992 0.003
1993 0.005
1994 0.008
1995 0.020
1996 0.038
1997 0.398
1998 0.519
1999 0.525
2000 0.536
2001 0.556
2002 0.558
2003 0.560
2004 0.580
2005 0.597
2006 0.618
2007 0.656
2008 0.678
2009 0.693
2010 0.677
2011 0.701
2012 0.693
2013 0.680
2014 0.661
2015 0.679
2016 0.667
2017 0.676
2018 0.680
2019 0.705
2020 0.704

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 Bulgaria was 0.410 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.507 in 2008 and a minimum value of 0.157 in 1994.

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 0.314
1991 0.176
1992 0.175
1993 0.182
1994 0.157
1995 0.292
1996 0.215
1997 0.237
1998 0.295
1999 0.286
2000 0.252
2001 0.254
2002 0.269
2003 0.323
2004 0.368
2005 0.379
2006 0.396
2007 0.459
2008 0.507
2009 0.493
2010 0.458
2011 0.498
2012 0.455
2013 0.461
2014 0.449
2015 0.385
2016 0.377
2017 0.390
2018 0.410
2019 0.403
2020 0.410

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

The value for PPP conversion factor, private consumption (LCU per international $) in Bulgaria was 0.784 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.850 in 2009 and a minimum value of 0.001 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 0.001
1991 0.003
1992 0.005
1993 0.008
1994 0.015
1995 0.024
1996 0.047
1997 0.525
1998 0.624
1999 0.626
2000 0.636
2001 0.667
2002 0.666
2003 0.662
2004 0.688
2005 0.708
2006 0.754
2007 0.789
2008 0.831
2009 0.850
2010 0.833
2011 0.806
2012 0.803
2013 0.774
2014 0.746
2015 0.757
2016 0.732
2017 0.751
2018 0.749
2019 0.781
2020 0.784

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity