Chile - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Chile was 435.22 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 435.22 in 2021 and a minimum value of 168.87 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 168.87
1991 198.00
1992 216.38
1993 233.86
1994 257.82
1995 276.07
1996 275.73
1997 279.36
1998 279.13
1999 281.52
2000 287.05
2001 291.56
2002 296.82
2003 304.41
2004 319.72
2005 333.69
2006 318.57
2007 323.88
2008 340.40
2009 354.33
2010 359.84
2011 348.02
2012 347.23
2013 349.68
2014 367.21
2015 391.18
2016 397.25
2017 397.69
2018 396.23
2019 408.02
2020 417.72
2021 435.22

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 Chile was 0.527 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.720 in 2011 and a minimum value of 0.431 in 2002.

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 0.554
1991 0.567
1992 0.597
1993 0.579
1994 0.614
1995 0.696
1996 0.669
1997 0.666
1998 0.606
1999 0.553
2000 0.532
2001 0.459
2002 0.431
2003 0.440
2004 0.525
2005 0.596
2006 0.601
2007 0.620
2008 0.652
2009 0.632
2010 0.705
2011 0.720
2012 0.714
2013 0.706
2014 0.644
2015 0.598
2016 0.587
2017 0.613
2018 0.618
2019 0.580
2020 0.527

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

The value for PPP conversion factor, private consumption (LCU per international $) in Chile was 469.10 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 469.10 in 2020 and a minimum value of 204.33 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 204.33
1991 238.73
1992 267.46
1993 292.85
1994 318.07
1995 332.03
1996 337.88
1997 344.25
1998 353.34
1999 357.28
2000 363.49
2001 373.51
2002 381.01
2003 382.54
2004 380.35
2005 387.36
2006 338.49
2007 343.11
2008 360.36
2009 367.56
2010 373.29
2011 370.20
2012 391.57
2013 390.16
2014 410.67
2015 447.27
2016 452.92
2017 463.23
2018 458.31
2019 465.24
2020 469.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity