Rwanda - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Rwanda was 339.90 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 339.90 in 2020 and a minimum value of 59.78 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 59.78
1991 66.48
1992 69.74
1993 77.57
1994 89.01
1995 131.87
1996 143.65
1997 163.17
1998 164.95
1999 156.88
2000 158.48
2001 156.86
2002 146.34
2003 172.94
2004 187.10
2005 197.82
2006 196.74
2007 216.37
2008 242.93
2009 258.32
2010 263.48
2011 276.65
2012 299.24
2013 302.89
2014 297.07
2015 299.62
2016 311.48
2017 325.13
2018 315.52
2019 317.73
2020 339.90

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 Rwanda was 0.360 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.714 in 1990 and a minimum value of 0.308 in 2002.

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 0.714
1991 0.531
1992 0.521
1993 0.538
1994 0.405
1995 0.503
1996 0.468
1997 0.541
1998 0.528
1999 0.470
2000 0.407
2001 0.354
2002 0.308
2003 0.322
2004 0.324
2005 0.355
2006 0.357
2007 0.396
2008 0.444
2009 0.455
2010 0.452
2011 0.461
2012 0.487
2013 0.468
2014 0.436
2015 0.416
2016 0.396
2017 0.391
2018 0.366
2019 0.353
2020 0.360

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

The value for PPP conversion factor, private consumption (LCU per international $) in Rwanda was 299.51 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 314.82 in 2020 and a minimum value of 51.64 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 51.64
1991 59.28
1992 63.03
1993 68.79
1995 129.73
1996 135.38
1997 148.18
1998 154.98
1999 148.01
2000 148.76
2001 149.51
2002 150.10
2003 157.71
2004 172.41
2005 181.78
2006 191.75
2007 203.36
2008 226.07
2009 256.25
2010 251.49
2011 251.31
2012 257.75
2013 267.48
2014 265.95
2015 267.29
2016 278.00
2017 293.71
2018 285.81
2019 290.12
2020 314.82
2021 299.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity