Dem. Rep. Congo - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Dem. Rep. Congo was 881.85 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 881.85 in 2020 and a minimum value of 0.00 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 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 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.02
1996 0.12
1997 0.35
1998 0.44
1999 2.34
2000 62.54
2001 105.91
2002 137.33
2003 152.91
2004 158.38
2005 199.47
2006 219.41
2007 256.99
2008 303.68
2009 399.80
2010 477.34
2011 532.06
2012 583.25
2013 558.91
2014 530.02
2015 508.60
2016 494.13
2017 645.39
2018 818.30
2019 836.16
2020 881.85

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 Dem. Rep. Congo was 0.476 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.906 in 2000 and a minimum value of 0.213 in 1999.

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 0.306
1991 0.333
1992 0.311
1993 0.457
1994 0.254
1995 0.239
1996 0.242
1997 0.266
1998 0.273
1999 0.213
2000 0.906
2001 0.353
2002 0.396
2003 0.377
2004 0.396
2005 0.421
2006 0.469
2007 0.497
2008 0.543
2009 0.494
2010 0.527
2011 0.579
2012 0.634
2013 0.608
2014 0.573
2015 0.549
2016 0.489
2017 0.441
2018 0.504
2019 0.507
2020 0.476

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

The value for PPP conversion factor, private consumption (LCU per international $) in Dem. Rep. Congo was 630.61 as of 2017. As the graph below shows, over the past 23 years this indicator reached a maximum value of 630.61 in 2017 and a minimum value of 0.01 in 1994.

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
1994 0.01
1995 0.09
1996 0.51
1997 1.48
1998 1.88
1999 7.09
2000 42.11
2001 188.34
2002 243.84
2003 269.12
2004 272.57
2005 319.83
2006 350.27
2007 398.27
2008 449.90
2009 464.15
2010 489.08
2011 546.73
2012 558.84
2013 553.32
2014 529.22
2015 503.93
2016 488.54
2017 630.61

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity