Guinea-Bissau - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Guinea-Bissau was 214.88 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 232.19 in 2012 and a minimum value of 14.56 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 14.56
1991 23.64
1992 38.14
1993 55.54
1994 67.02
1995 95.00
1996 129.89
1997 171.18
1998 182.94
1999 202.53
2000 204.56
2001 213.72
2002 214.17
2003 199.73
2004 191.79
2005 196.79
2006 186.67
2007 189.75
2008 209.35
2009 202.66
2010 206.26
2011 230.39
2012 232.19
2013 229.74
2014 223.30
2015 223.35
2016 224.41
2017 222.75
2018 228.95
2019 217.24
2020 214.88

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 Guinea-Bissau was 0.373 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.489 in 2011 and a minimum value of 0.288 in 2000.

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 0.433
1991 0.420
1992 0.358
1993 0.358
1994 0.338
1995 0.342
1996 0.320
1997 0.293
1998 0.310
1999 0.329
2000 0.288
2001 0.292
2002 0.309
2003 0.344
2004 0.364
2005 0.373
2006 0.357
2007 0.396
2008 0.469
2009 0.431
2010 0.417
2011 0.489
2012 0.455
2013 0.465
2014 0.452
2015 0.378
2016 0.379
2017 0.384
2018 0.412
2019 0.371
2020 0.373

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

The value for PPP conversion factor, private consumption (LCU per international $) in Guinea-Bissau was 224.03 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 258.32 in 2011 and a minimum value of 19.39 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 19.39
1991 29.32
1992 48.26
1993 69.43
1994 77.93
1995 110.20
1996 161.38
1997 235.12
1998 250.08
1999 239.62
2000 251.81
2001 253.09
2002 257.36
2003 242.83
2004 238.59
2005 238.44
2006 235.50
2007 239.55
2008 254.82
2009 251.51
2010 253.68
2011 258.32
2012 246.01
2013 246.19
2014 238.02
2015 236.61
2016 234.41
2017 232.20
2018 227.53
2019 224.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity