Burkina Faso - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Burkina Faso was 217.16 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 238.98 in 2012 and a minimum value of 142.45 in 1993.

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 162.54
1991 150.99
1992 147.96
1993 142.45
1994 159.89
1995 167.21
1996 164.77
1997 164.40
1998 175.47
1999 203.06
2000 196.99
2001 200.40
2002 203.31
2003 202.57
2004 197.43
2005 198.63
2006 191.52
2007 191.16
2008 204.68
2009 208.02
2010 213.40
2011 223.12
2012 238.98
2013 231.08
2014 231.33
2015 225.42
2016 215.20
2017 208.76
2018 206.05
2019 205.71
2020 217.16

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 Burkina Faso was 0.377 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.597 in 1990 and a minimum value of 0.274 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
1990 0.597
1991 0.535
1992 0.559
1993 0.503
1994 0.288
1995 0.335
1996 0.322
1997 0.282
1998 0.297
1999 0.330
2000 0.277
2001 0.274
2002 0.293
2003 0.349
2004 0.374
2005 0.377
2006 0.367
2007 0.399
2008 0.459
2009 0.442
2010 0.431
2011 0.473
2012 0.468
2013 0.468
2014 0.469
2015 0.381
2016 0.363
2017 0.360
2018 0.371
2019 0.351
2020 0.377

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

The value for PPP conversion factor, private consumption (LCU per international $) in Burkina Faso was 188.26 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 229.36 in 2009 and a minimum value of 167.32 in 1993.

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 183.74
1991 180.09
1992 171.31
1993 167.32
1994 204.13
1995 213.37
1996 219.93
1997 219.89
1998 227.54
1999 220.28
2000 212.43
2001 216.94
2002 218.20
2003 217.70
2004 211.17
2005 217.35
2006 215.47
2007 209.01
2008 222.74
2009 229.36
2010 223.93
2011 223.07
2012 225.13
2013 222.64
2014 222.63
2015 217.02
2016 204.85
2017 199.74
2018 198.79
2019 188.94
2020 190.16
2021 188.26

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity