Timor-Leste - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Timor-Leste was 0.348 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 0.487 in 2013 and a minimum value of 0.332 in 2000.

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
2000 0.332
2001 0.363
2002 0.377
2003 0.395
2004 0.344
2005 0.340
2006 0.338
2007 0.357
2008 0.375
2009 0.379
2010 0.416
2011 0.455
2012 0.437
2013 0.487
2014 0.453
2015 0.458
2016 0.432
2017 0.409
2018 0.394
2019 0.419
2020 0.348

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 Timor-Leste was 0.348 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 0.487 in 2013 and a minimum value of 0.332 in 2000.

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
2000 0.332
2001 0.363
2002 0.377
2003 0.395
2004 0.344
2005 0.340
2006 0.338
2007 0.357
2008 0.375
2009 0.379
2010 0.416
2011 0.455
2012 0.437
2013 0.487
2014 0.453
2015 0.458
2016 0.432
2017 0.409
2018 0.394
2019 0.419
2020 0.348

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

The value for PPP conversion factor, private consumption (LCU per international $) in Timor-Leste was 0.419 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 0.544 in 2013 and a minimum value of 0.368 in 2002.

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
2002 0.368
2003 0.386
2004 0.388
2005 0.379
2006 0.382
2007 0.409
2008 0.430
2009 0.434
2010 0.456
2011 0.502
2012 0.523
2013 0.544
2014 0.512
2015 0.489
2016 0.452
2017 0.423
2018 0.423
2019 0.419

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity