Bosnia and Herzegovina - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Bosnia and Herzegovina was 0.669 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 0.753 in 2008 and a minimum value of 0.573 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 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
1994 0.660
1995 0.704
1996 0.573
1997 0.636
1998 0.619
1999 0.662
2000 0.685
2001 0.704
2002 0.716
2003 0.717
2004 0.714
2005 0.723
2006 0.718
2007 0.731
2008 0.753
2009 0.735
2010 0.732
2011 0.718
2012 0.706
2013 0.686
2014 0.687
2015 0.694
2016 0.676
2017 0.681
2018 0.674
2019 0.681
2020 0.669

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 Bosnia and Herzegovina was 0.390 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 0.564 in 2008 and a minimum value of 0.322 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
1994 0.407
1995 0.491
1996 0.381
1997 0.367
1998 0.352
1999 0.360
2000 0.323
2001 0.322
2002 0.344
2003 0.414
2004 0.454
2005 0.460
2006 0.461
2007 0.512
2008 0.564
2009 0.522
2010 0.496
2011 0.510
2012 0.464
2013 0.466
2014 0.466
2015 0.394
2016 0.382
2017 0.392
2018 0.407
2019 0.390
2020 0.390

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

The value for PPP conversion factor, private consumption (LCU per international $) in Bosnia and Herzegovina was 0.792 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 0.921 in 2008 and a minimum value of 0.785 in 2016.

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
2005 0.869
2006 0.889
2007 0.897
2008 0.921
2009 0.899
2010 0.881
2011 0.865
2012 0.853
2013 0.828
2014 0.824
2015 0.819
2016 0.785
2017 0.799
2018 0.792
2019 0.801
2020 0.792

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity