DEC alternative conversion factor (LCU per US$) - Country Ranking

Definition: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.

Source: International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Iran 172,430.80 2020
2 Somalia 25,761.00 2020
3 Vietnam 23,208.37 2020
4 Indonesia 14,582.20 2020
5 Uzbekistan 10,054.26 2020
6 Sierra Leone 9,829.00 2020
7 Guinea 9,565.10 2020
8 Lao PDR 9,045.79 2020
9 Paraguay 6,771.10 2020
10 Cambodia 4,092.78 2020
11 Madagascar 3,787.75 2020
12 Uganda 3,715.10 2020
13 Colombia 3,694.85 2020
14 Lebanon 3,688.00 2020
15 Mongolia 2,813.29 2020
16 Tanzania 2,294.15 2020
17 Burundi 2,195.65 2020
18 Dem. Rep. Congo 1,851.12 2020
19 Myanmar 1,428.78 2020
20 Iraq 1,192.00 2020
21 Korea 1,180.27 2020
22 Rwanda 943.14 2020
23 Chile 792.73 2020
24 Malawi 749.53 2020
25 Yemen 743.00 2020
26 Costa Rica 584.90 2020
27 Angola 578.26 2020
28 Burkina Faso 575.59 2020
28 Côte d'Ivoire 575.59 2020
28 Cameroon 575.59 2020
28 Congo 575.59 2020
28 Central African Republic 575.59 2020
28 Niger 575.59 2020
28 Guinea-Bissau 575.59 2020
28 Equatorial Guinea 575.59 2020
28 Gabon 575.59 2020
28 Senegal 575.59 2020
28 Benin 575.59 2020
28 Mali 575.59 2020
28 Chad 575.59 2020
28 Togo 575.59 2020
42 Syrian Arab Republic 522.63 2019
43 Armenia 489.01 2020
44 Comoros 430.72 2020
45 Kazakhstan 412.95 2020
46 Nigeria 356.82 2020
47 Hungary 308.00 2020
48 Guyana 208.50 2020
49 Sudan 190.30 2020
50 Sri Lanka 185.59 2020
51 Djibouti 177.72 2020
52 Pakistan 158.24 2020
53 Jamaica 142.40 2020
54 Iceland 135.42 2020
55 Algeria 126.78 2020
56 Nepal 116.31 2020
57 Vanuatu 115.38 2020
58 Albania 108.65 2020
59 Japan 106.77 2020
60 Kenya 106.45 2020
61 New Caledonia 104.71 2020
62 Serbia 103.16 2020
63 Haiti 99.94 2020
64 Cabo Verde 96.80 2020
65 Bangladesh 84.79 2020
66 Kyrgyz Republic 77.35 2020
67 Afghanistan 76.92 2020
68 India 74.23 2020
69 Bhutan 74.10 2020
70 Russia 72.10 2020
71 Argentina 70.59 2020
72 Mozambique 69.51 2020
73 Zimbabwe 64.10 2020
74 Dominican Republic 56.52 2020
75 North Macedonia 54.14 2020
76 The Gambia 51.50 2020
77 Philippines 49.62 2020
78 Uruguay 42.01 2020
79 Mauritius 39.35 2020
80 Mauritania 37.20 2020
81 Nicaragua 34.34 2020
82 Ethiopia 31.35 2020
83 Thailand 31.29 2020
84 Ukraine 26.96 2020
85 Honduras 24.75 2020
86 Czech Republic 23.21 2020
87 São Tomé and Principe 21.67 2020
88 Mexico 21.49 2020
89 Zambia 18.34 2020
90 Seychelles 17.60 2020
91 Moldova 17.32 2020
92 Lesotho 16.47 2020
93 Eswatini 16.47 2020
94 Namibia 16.46 2020
95 South Africa 16.46 2020
96 Egypt 16.03 2020
97 Eritrea 15.08 2020
98 Suriname 13.30 2020
99 Botswana 11.46 2020
100 Tajikistan 10.32 2020
101 Morocco 9.50 2020
102 Norway 9.42 2020
103 Sweden 9.21 2020
104 Solomon Islands 8.21 2020
105 Macao SAR, China 7.99 2020
106 Hong Kong SAR, China 7.76 2020
107 Guatemala 7.72 2020
108 Turkey 7.01 2020
109 Bolivia 6.91 2020
110 China 6.90 2020
111 Trinidad and Tobago 6.75 2020
112 Croatia 6.61 2020
113 Greenland 6.54 2020
113 Denmark 6.54 2020
115 Venezuela 6.28 2014
116 Ghana 5.60 2020
117 Brazil 5.16 2020
118 Romania 4.24 2020
119 Malaysia 4.20 2020
120 Poland 3.90 2020
121 Saudi Arabia 3.75 2020
122 United Arab Emirates 3.67 2020
123 Qatar 3.64 2020
124 Turkmenistan 3.50 2020
125 Peru 3.49 2020
126 Papua New Guinea 3.46 2020
127 Israel 3.44 2020
128 Georgia 3.11 2020
129 Tunisia 2.81 2020
130 St. Vincent and the Grenadines 2.70 2020
130 Dominica 2.70 2020
130 Antigua and Barbuda 2.70 2020
130 St. Kitts and Nevis 2.70 2020
130 St. Lucia 2.70 2020
130 Grenada 2.70 2020
136 Samoa 2.70 2020
137 Belarus 2.44 2020
138 Tonga 2.31 2020
139 Fiji 2.17 2020
140 Barbados 2.00 2020
140 Belize 2.00 2020
142 Bosnia and Herzegovina 1.72 2020
143 Bulgaria 1.72 2020
144 Azerbaijan 1.70 2020
145 New Zealand 1.54 2020
146 Australia 1.49 2020
146 Nauru 1.49 2020
148 Tuvalu 1.45 2020
148 Kiribati 1.45 2020
150 Libya 1.40 2020
151 Singapore 1.38 2020
151 Brunei 1.38 2020
153 Canada 1.34 2020
154 El Salvador 1.00 2020
154 Ecuador 1.00 2020
154 The Bahamas 1.00 2020
154 Cuba 1.00 2020
154 Panama 1.00 2020
154 Puerto Rico 1.00 2020
154 Liberia 1.00 2020
154 Timor-Leste 1.00 2020
154 Palau 1.00 2020
154 United States 1.00 2020
164 Liechtenstein 0.94 2020
165 Switzerland 0.94 2020
166 San Marino 0.88 2020
166 Montenegro 0.88 2020
168 Lithuania 0.88 2020
168 Luxembourg 0.88 2020
168 Latvia 0.88 2020
168 Austria 0.88 2020
168 France 0.88 2020
168 Spain 0.88 2020
168 Italy 0.88 2020
168 Ireland 0.88 2020
168 Belgium 0.88 2020
168 Estonia 0.88 2020
168 Germany 0.88 2020
168 Finland 0.88 2020
168 Greece 0.88 2020
168 Portugal 0.88 2020
168 Netherlands 0.88 2020
168 Slovak Republic 0.88 2020
168 Slovenia 0.88 2020
185 Malta 0.88 2020
185 Cyprus 0.88 2020
185 Andorra 0.88 2020
185 Monaco 0.88 2020
189 Cayman Islands 0.83 2020
190 United Kingdom 0.78 2020
191 Jordan 0.71 2020
192 Oman 0.38 2020
193 Bahrain 0.38 2020
194 Kuwait 0.31 2020

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Statistical Concept and Methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. An alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.

Periodicity: Annual

General Comments: In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.