Moldova - 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 Moldova was 0.350 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 0.426 in 2011 and a minimum value of 0.136 in 1999.

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
1995 0.186
1996 0.188
1997 0.207
1998 0.193
1999 0.136
2000 0.143
2001 0.151
2002 0.155
2003 0.170
2004 0.203
2005 0.210
2006 0.222
2007 0.271
2008 0.340
2009 0.322
2010 0.381
2011 0.426
2012 0.414
2013 0.396
2014 0.377
2015 0.295
2016 0.271
2017 0.301
2018 0.334
2019 0.331
2020 0.350

Statistical Concept and Methodology: The ratio of the PPP conversion factor to the market exchange rate - the national price level or comparative price level - measures differences in the price level at the gross domestic product (GDP) level. The price level index tends to be lower in poorer countries and to rise with income.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity