Haiti - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Haiti was 41.08 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 41.08 in 2020 and a minimum value of 1.77 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 1.77
1991 1.96
1992 2.32
1993 2.68
1994 4.11
1995 4.66
1996 5.04
1997 5.58
1998 6.30
1999 6.64
2000 7.22
2001 8.00
2002 8.47
2003 9.57
2004 11.58
2005 12.74
2006 13.52
2007 14.37
2008 15.47
2009 17.05
2010 18.10
2011 18.49
2012 20.13
2013 20.93
2014 21.60
2015 23.23
2016 25.26
2017 28.50
2018 29.86
2019 34.48
2020 41.08

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 Haiti was 0.411 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.485 in 2013 and a minimum value of 0.217 in 1993.

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 0.353
1991 0.376
1992 0.253
1993 0.217
1994 0.279
1995 0.322
1996 0.314
1997 0.345
1998 0.372
1999 0.399
2000 0.368
2001 0.336
2002 0.313
2003 0.236
2004 0.292
2005 0.327
2006 0.326
2007 0.384
2008 0.404
2009 0.419
2010 0.449
2011 0.459
2012 0.484
2013 0.485
2014 0.484
2015 0.478
2016 0.418
2017 0.434
2018 0.456
2019 0.410
2020 0.411

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

The value for PPP conversion factor, private consumption (LCU per international $) in Haiti was 53.90 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 53.90 in 2021 and a minimum value of 1.99 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 1.99
1991 2.20
1992 2.55
1993 3.21
1994 4.36
1995 5.41
1996 6.34
1997 7.47
1998 7.75
1999 7.81
2000 8.26
2001 9.10
2002 9.59
2003 12.06
2004 14.22
2005 15.68
2006 16.91
2007 17.52
2008 19.45
2009 19.60
2010 20.21
2011 20.83
2012 20.94
2013 22.10
2014 22.70
2015 24.43
2016 27.21
2017 31.10
2018 34.15
2019 39.82
2020 48.30
2021 53.90

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity