Congo - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Congo was 293.35 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 359.91 in 2018 and a minimum value of 90.06 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 101.67
1991 96.89
1992 93.25
1993 90.06
1994 120.58
1995 122.12
1996 141.50
1997 145.91
1998 118.00
1999 150.46
2000 216.40
2001 182.27
2002 176.31
2003 165.74
2004 188.52
2005 221.82
2006 239.80
2007 249.27
2008 284.29
2009 222.43
2010 284.54
2011 309.25
2012 316.12
2013 316.15
2014 314.81
2015 312.00
2016 316.63
2017 297.67
2018 359.91
2019 348.20
2020 293.35

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 Congo was 0.510 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.655 in 2011 and a minimum value of 0.200 in 1998.

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 0.373
1991 0.343
1992 0.352
1993 0.318
1994 0.217
1995 0.245
1996 0.277
1997 0.250
1998 0.200
1999 0.244
2000 0.305
2001 0.249
2002 0.254
2003 0.286
2004 0.357
2005 0.421
2006 0.459
2007 0.520
2008 0.635
2009 0.471
2010 0.575
2011 0.655
2012 0.619
2013 0.640
2014 0.637
2015 0.528
2016 0.534
2017 0.512
2018 0.648
2019 0.594
2020 0.510

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

The value for PPP conversion factor, private consumption (LCU per international $) in Congo was 285.10 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 311.72 in 2009 and a minimum value of 171.09 in 1992.

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 194.53
1991 183.50
1992 171.09
1993 174.37
1994 242.06
1995 257.63
1996 275.40
1998 302.59
1999 308.38
2000 295.67
2001 287.71
2002 295.62
2003 287.23
2004 286.54
2005 285.71
2006 294.88
2007 294.31
2008 297.48
2009 311.72
2010 307.89
2011 303.72
2012 293.18
2013 301.33
2014 296.67
2015 294.58
2016 294.85
2017 285.97
2018 282.37
2019 283.46
2020 285.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity