Myanmar - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Myanmar was 409.24 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 409.24 in 2020 and a minimum value of 8.36 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 8.36
1991 9.80
1992 11.81
1993 14.96
1994 18.74
1995 22.15
1996 26.42
1997 33.50
1998 44.73
1999 56.59
2000 61.46
2001 68.79
2002 91.15
2003 115.19
2004 124.20
2005 134.91
2006 157.62
2007 188.18
2008 217.38
2009 234.64
2010 245.91
2011 261.78
2012 267.50
2013 278.56
2014 294.01
2015 318.98
2016 347.07
2017 366.71
2018 377.62
2019 394.24
2020 409.24

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 Myanmar was 0.286 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.329 in 2011 and a minimum value of 0.120 in 1992.

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 0.123
1991 0.124
1992 0.120
1993 0.138
1994 0.172
1995 0.201
1996 0.218
1997 0.197
1998 0.151
1999 0.168
2000 0.178
2001 0.140
2002 0.121
2003 0.134
2004 0.139
2005 0.134
2006 0.128
2007 0.146
2008 0.190
2009 0.219
2010 0.252
2011 0.329
2012 0.320
2013 0.309
2014 0.302
2015 0.292
2016 0.282
2017 0.272
2018 0.273
2019 0.257
2020 0.286

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

The value for PPP conversion factor, private consumption (LCU per international $) in Myanmar was 434.71 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 434.71 in 2019 and a minimum value of 7.67 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 7.67
1991 9.73
1992 11.51
1993 14.74
1994 17.83
1995 21.71
1996 24.53
1997 31.08
1998 46.37
1999 53.72
2000 51.91
2001 61.14
2002 94.53
2003 126.25
2004 128.54
2005 135.96
2006 158.05
2007 207.49
2008 253.37
2009 258.02
2010 273.45
2011 278.39
2012 271.02
2013 297.18
2014 313.41
2015 344.69
2016 367.49
2017 389.84
2018 406.70
2019 434.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity