Costa Rica - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Costa Rica was 314.62 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 364.16 in 2015 and a minimum value of 33.35 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 33.35
1991 53.15
1992 62.22
1993 67.12
1994 76.02
1995 90.27
1996 102.01
1997 114.93
1998 127.21
1999 139.23
2000 148.98
2001 159.95
2002 172.87
2003 187.79
2004 207.28
2005 227.18
2006 249.14
2007 268.14
2008 293.07
2009 319.06
2010 336.30
2011 344.55
2012 353.78
2013 357.83
2014 363.42
2015 364.16
2016 343.01
2017 340.99
2018 337.90
2019 331.17
2020 320.85
2021 314.62

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 Costa Rica was 0.549 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.716 in 2013 and a minimum value of 0.364 in 1990.

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 0.364
1991 0.434
1992 0.463
1993 0.472
1994 0.484
1995 0.503
1996 0.491
1997 0.494
1998 0.495
1999 0.487
2000 0.483
2001 0.486
2002 0.480
2003 0.471
2004 0.473
2005 0.475
2006 0.487
2007 0.519
2008 0.557
2009 0.557
2010 0.640
2011 0.681
2012 0.703
2013 0.716
2014 0.675
2015 0.681
2016 0.630
2017 0.601
2018 0.586
2019 0.564
2020 0.549

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

The value for PPP conversion factor, private consumption (LCU per international $) in Costa Rica was 358.26 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 379.90 in 2014 and a minimum value of 49.06 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 49.06
1991 60.59
1992 71.62
1993 76.37
1994 84.50
1995 101.25
1996 115.59
1997 127.92
1998 140.65
1999 151.46
2000 162.58
2001 175.90
2002 189.03
2003 202.30
2004 221.29
2005 243.56
2006 263.01
2007 279.64
2008 305.46
2009 330.59
2010 343.67
2011 349.41
2012 346.23
2013 367.66
2014 379.90
2015 378.80
2016 362.23
2017 361.11
2018 363.40
2019 362.59
2020 358.26

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity