Kenya - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Kenya was 43.68 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 43.68 in 2020 and a minimum value of 8.46 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 8.46
1991 9.21
1992 10.71
1993 13.15
1994 15.06
1995 16.41
1996 17.58
1997 19.25
1998 20.35
1999 20.91
2000 21.69
2001 21.56
2002 21.42
2003 22.33
2004 23.30
2005 23.70
2006 24.80
2007 26.11
2008 29.49
2009 32.68
2010 32.83
2011 35.40
2012 37.98
2013 37.67
2014 38.29
2015 39.04
2016 39.38
2017 40.18
2018 40.90
2019 42.03
2020 43.68

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 Kenya was 0.410 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.449 in 2012 and a minimum value of 0.227 in 1993.

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 0.369
1991 0.335
1992 0.332
1993 0.227
1994 0.269
1995 0.319
1996 0.308
1997 0.328
1998 0.337
1999 0.297
2000 0.285
2001 0.274
2002 0.272
2003 0.294
2004 0.294
2005 0.314
2006 0.344
2007 0.388
2008 0.426
2009 0.422
2010 0.414
2011 0.399
2012 0.449
2013 0.437
2014 0.435
2015 0.398
2016 0.388
2017 0.389
2018 0.404
2019 0.412
2020 0.410

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

The value for PPP conversion factor, private consumption (LCU per international $) in Kenya was 46.41 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 46.41 in 2021 and a minimum value of 4.66 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 4.66
1991 5.37
1992 6.64
1993 9.41
1994 11.82
1995 11.67
1996 12.35
1997 13.43
1998 14.12
1999 14.61
2000 15.54
2001 15.98
2002 16.04
2003 17.23
2004 18.73
2005 19.98
2006 22.15
2007 23.64
2008 28.74
2009 31.51
2010 32.23
2011 35.62
2012 36.27
2013 37.31
2014 38.34
2015 39.31
2016 39.95
2017 41.63
2018 42.55
2019 43.98
2020 45.79
2021 46.41

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity