Kosovo - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Kosovo was 0.335 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 0.340 in 2017 and a minimum value of 0.299 in 2009.

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
2008 0.310
2009 0.299
2010 0.314
2011 0.327
2012 0.330
2013 0.333
2014 0.340
2015 0.339
2016 0.339
2017 0.340
2018 0.337
2019 0.334
2020 0.335

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 Kosovo was 0.382 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of 0.455 in 2011 and a minimum value of 0.374 in 2019.

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
2008 0.453
2009 0.415
2010 0.416
2011 0.455
2012 0.424
2013 0.442
2014 0.451
2015 0.376
2016 0.376
2017 0.384
2018 0.398
2019 0.374
2020 0.382

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

The value for PPP conversion factor, private consumption (LCU per international $) in Kosovo was 0.347 as of 2021. As the graph below shows, over the past 19 years this indicator reached a maximum value of 0.382 in 2002 and a minimum value of 0.331 in 2006.

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
2002 0.382
2003 0.369
2004 0.356
2005 0.339
2006 0.331
2007 0.335
2008 0.353
2009 0.346
2010 0.352
2011 0.367
2012 0.368
2013 0.369
2014 0.365
2015 0.362
2016 0.359
2017 0.357
2018 0.352
2019 0.355
2020 0.351
2021 0.347

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity