São Tomé and Principe - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in São Tomé and Principe was 10.94 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 10.94 in 2020 and a minimum value of 2.52 in 2001.

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
2001 2.52
2002 2.79
2003 3.17
2004 3.54
2005 4.06
2006 4.46
2007 4.78
2008 5.93
2009 6.33
2010 7.04
2011 7.43
2012 8.65
2013 8.77
2014 8.62
2015 9.19
2016 9.74
2017 10.06
2018 9.99
2019 10.50
2020 10.94

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 São Tomé and Principe was 0.505 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 0.505 in 2020 and a minimum value of 0.285 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
2001 0.285
2002 0.307
2003 0.339
2004 0.357
2005 0.385
2006 0.358
2007 0.353
2008 0.404
2009 0.391
2010 0.379
2011 0.419
2012 0.450
2013 0.471
2014 0.464
2015 0.413
2016 0.437
2017 0.459
2018 0.478
2019 0.476
2020 0.505

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

The value for PPP conversion factor, private consumption (LCU per international $) in São Tomé and Principe was 11.33 as of 2018. As the graph below shows, over the past 22 years this indicator reached a maximum value of 11.33 in 2018 and a minimum value of 1.14 in 1996.

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
1996 1.14
1997 1.51
1998 2.24
1999 2.47
2000 2.68
2001 2.84
2002 3.08
2003 3.31
2004 3.65
2005 4.14
2006 4.93
2007 5.69
2008 7.23
2009 8.49
2010 9.46
2011 10.49
2012 10.48
2013 10.39
2014 10.11
2015 10.65
2016 10.60
2017 10.76
2018 11.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity