Netherlands - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Netherlands was 0.758 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.926 in 2003 and a minimum value of 0.758 in 2021.

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 0.918
1991 0.916
1992 0.918
1993 0.911
1994 0.910
1995 0.910
1996 0.905
1997 0.909
1998 0.906
1999 0.906
2000 0.891
2001 0.905
2002 0.901
2003 0.926
2004 0.908
2005 0.897
2006 0.872
2007 0.860
2008 0.848
2009 0.848
2010 0.854
2011 0.836
2012 0.824
2013 0.798
2014 0.809
2015 0.810
2016 0.795
2017 0.782
2018 0.777
2019 0.794
2020 0.774
2021 0.758

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 Netherlands was 0.88 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1.25 in 1995 and a minimum value of 0.81 in 2001.

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 1.11
1991 1.08
1992 1.15
1993 1.08
1994 1.10
1995 1.25
1996 1.18
1997 1.03
1998 1.01
1999 0.97
2000 0.82
2001 0.81
2002 0.85
2003 1.05
2004 1.13
2005 1.12
2006 1.09
2007 1.18
2008 1.25
2009 1.18
2010 1.13
2011 1.16
2012 1.06
2013 1.06
2014 1.07
2015 0.90
2016 0.88
2017 0.88
2018 0.92
2019 0.89
2020 0.88

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

The value for PPP conversion factor, private consumption (LCU per international $) in Netherlands was 0.844 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.932 in 2003 and a minimum value of 0.844 in 2020.

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 0.905
1991 0.907
1992 0.910
1993 0.908
1994 0.912
1995 0.912
1996 0.905
1997 0.909
1998 0.909
1999 0.911
2000 0.890
2001 0.905
2002 0.902
2003 0.932
2004 0.911
2005 0.904
2006 0.889
2007 0.876
2008 0.868
2009 0.873
2010 0.881
2011 0.879
2012 0.883
2013 0.873
2014 0.882
2015 0.888
2016 0.873
2017 0.861
2018 0.844
2019 0.871
2020 0.844

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity