El Salvador - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in El Salvador was 0.451 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.524 in 2012 and a minimum value of 0.312 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 0.312
1991 0.325
1992 0.328
1993 0.348
1994 0.374
1995 0.407
1996 0.426
1997 0.432
1998 0.446
1999 0.444
2000 0.448
2001 0.453
2002 0.453
2003 0.458
2004 0.458
2005 0.463
2006 0.469
2007 0.476
2008 0.484
2009 0.480
2010 0.487
2011 0.505
2012 0.524
2013 0.510
2014 0.496
2015 0.488
2016 0.473
2017 0.463
2018 0.459
2019 0.456
2020 0.451

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 El Salvador was 0.451 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.524 in 2012 and a minimum value of 0.312 in 1990.

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 0.312
1991 0.325
1992 0.328
1993 0.348
1994 0.374
1995 0.407
1996 0.426
1997 0.432
1998 0.446
1999 0.444
2000 0.448
2001 0.453
2002 0.453
2003 0.458
2004 0.458
2005 0.463
2006 0.469
2007 0.476
2008 0.484
2009 0.480
2010 0.487
2011 0.505
2012 0.524
2013 0.510
2014 0.496
2015 0.488
2016 0.473
2017 0.463
2018 0.459
2019 0.456
2020 0.451

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

The value for PPP conversion factor, private consumption (LCU per international $) in El Salvador was 0.486 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.537 in 2011 and a minimum value of 0.283 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 0.283
1991 0.311
1992 0.335
1993 0.386
1994 0.416
1995 0.445
1996 0.475
1997 0.485
1998 0.490
1999 0.482
2000 0.476
2001 0.481
2002 0.482
2003 0.481
2004 0.490
2005 0.496
2006 0.500
2007 0.508
2008 0.522
2009 0.530
2010 0.527
2011 0.537
2012 0.519
2013 0.525
2014 0.524
2015 0.517
2016 0.512
2017 0.515
2018 0.508
2019 0.500
2020 0.492
2021 0.486

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity