Malawi - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Malawi was 299.90 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 299.90 in 2020 and a minimum value of 1.46 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 1.46
1991 1.63
1992 1.81
1993 2.27
1994 2.80
1995 4.86
1996 7.27
1997 8.63
1998 10.20
1999 14.05
2000 17.94
2001 22.05
2002 35.21
2003 38.14
2004 42.66
2005 45.81
2006 53.34
2007 54.08
2008 59.39
2009 63.60
2010 70.49
2011 78.77
2012 94.33
2013 114.54
2014 146.20
2015 186.61
2016 221.20
2017 251.07
2018 260.22
2019 275.41
2020 299.90

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 Malawi was 0.400 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.583 in 1991 and a minimum value of 0.301 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 0.536
1991 0.583
1992 0.502
1993 0.515
1994 0.321
1995 0.318
1996 0.475
1997 0.525
1998 0.328
1999 0.319
2000 0.301
2001 0.305
2002 0.459
2003 0.391
2004 0.392
2005 0.387
2006 0.392
2007 0.386
2008 0.423
2009 0.451
2010 0.468
2011 0.503
2012 0.379
2013 0.314
2014 0.344
2015 0.374
2016 0.308
2017 0.344
2018 0.355
2019 0.369
2020 0.400

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

The value for PPP conversion factor, private consumption (LCU per international $) in Malawi was 306.03 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 306.03 in 2020 and a minimum value of 2.64 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 2.64
1991 2.85
1992 3.42
1993 4.08
1994 5.36
1995 9.55
1996 12.77
1997 13.62
1998 17.40
1999 24.66
2000 30.91
2001 36.88
2002 41.66
2003 44.64
2004 48.44
2005 54.07
2006 59.70
2007 62.66
2008 65.60
2009 71.38
2010 75.44
2011 78.70
2012 92.54
2013 117.76
2014 146.15
2015 178.78
2016 215.13
2017 241.93
2018 265.49
2019 285.20
2020 306.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity