Angola - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Angola was 159.35 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 159.35 in 2020 and a minimum value of 0.00 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 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.02
1997 0.05
1998 0.06
1999 0.41
2000 2.08
2001 4.20
2002 10.03
2003 19.10
2004 24.82
2005 34.28
2006 38.96
2007 39.58
2008 46.34
2009 38.28
2010 50.05
2011 64.61
2012 65.68
2013 66.02
2014 65.00
2015 68.18
2016 80.78
2017 92.95
2018 117.16
2019 147.43
2020 159.35

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 Angola was 0.276 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.688 in 2012 and a minimum value of 0.147 in 1999.

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 0.354
1991 0.320
1992 0.260
1993 0.232
1994 0.173
1995 0.184
1996 0.216
1997 0.201
1998 0.161
1999 0.147
2000 0.207
2001 0.191
2002 0.231
2003 0.256
2004 0.297
2005 0.393
2006 0.485
2007 0.516
2008 0.618
2009 0.483
2010 0.545
2011 0.688
2012 0.688
2013 0.684
2014 0.661
2015 0.568
2016 0.494
2017 0.560
2018 0.463
2019 0.404
2020 0.276

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

The value for PPP conversion factor, private consumption (LCU per international $) in Angola was 144.05 as of 2019. As the graph below shows, over the past 23 years this indicator reached a maximum value of 144.05 in 2019 and a minimum value of 0.03 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 0.03
1997 0.09
1998 0.19
1999 0.66
2000 2.71
2001 6.66
2002 13.69
2003 26.53
2004 37.09
2005 44.11
2006 48.41
2007 52.84
2008 57.23
2009 65.32
2010 73.57
2011 80.93
2012 78.63
2013 79.54
2014 77.47
2015 77.78
2016 91.63
2017 107.27
2018 125.27
2019 144.05

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity