Uruguay - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Uruguay was 28.46 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 28.46 in 2020 and a minimum value of 0.59 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 0.59
1991 1.14
1992 1.77
1993 2.56
1994 3.49
1995 4.82
1996 5.98
1997 7.01
1998 7.79
1999 8.01
2000 8.11
2001 8.32
2002 9.22
2003 10.55
2004 11.32
2005 11.05
2006 11.42
2007 12.17
2008 12.90
2009 13.79
2010 14.30
2011 15.27
2012 16.94
2013 18.17
2014 19.47
2015 21.10
2016 22.45
2017 23.29
2018 24.36
2019 25.98
2020 28.46

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 Uruguay was 0.677 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.887 in 2013 and a minimum value of 0.374 in 2003.

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 0.500
1991 0.563
1992 0.587
1993 0.650
1994 0.691
1995 0.759
1996 0.750
1997 0.742
1998 0.744
1999 0.706
2000 0.670
2001 0.625
2002 0.434
2003 0.374
2004 0.394
2005 0.451
2006 0.475
2007 0.519
2008 0.616
2009 0.611
2010 0.713
2011 0.791
2012 0.834
2013 0.887
2014 0.838
2015 0.772
2016 0.744
2017 0.812
2018 0.793
2019 0.737
2020 0.677

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

The value for PPP conversion factor, private consumption (LCU per international $) in Uruguay was 30.87 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 30.87 in 2021 and a minimum value of 0.56 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 0.56
1991 1.09
1992 1.79
1993 2.68
1994 3.78
1995 5.23
1996 6.52
1997 7.63
1998 8.33
1999 8.61
2000 8.72
2001 8.86
2002 9.93
2003 11.60
2004 12.33
2005 12.48
2006 12.87
2007 13.53
2008 14.05
2009 15.10
2010 15.85
2011 16.61
2012 17.10
2013 18.72
2014 20.19
2015 21.82
2016 23.56
2017 24.85
2018 26.11
2019 27.66
2020 29.99
2021 30.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity