Malta - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Malta was 0.586 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.600 in 2015 and a minimum value of 0.566 in 2004.

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 0.570
1991 0.569
1992 0.576
1993 0.579
1994 0.587
1995 0.580
1996 0.576
1997 0.575
1998 0.581
1999 0.583
2000 0.580
2001 0.589
2002 0.582
2003 0.574
2004 0.566
2005 0.573
2006 0.572
2007 0.568
2008 0.572
2009 0.569
2010 0.572
2011 0.574
2012 0.580
2013 0.577
2014 0.586
2015 0.600
2016 0.583
2017 0.586
2018 0.587
2019 0.588
2020 0.586

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 Malta was 0.669 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.837 in 2008 and a minimum value of 0.562 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 0.769
1991 0.756
1992 0.776
1993 0.650
1994 0.667
1995 0.705
1996 0.687
1997 0.640
1998 0.642
1999 0.628
2000 0.568
2001 0.562
2002 0.576
2003 0.653
2004 0.705
2005 0.712
2006 0.717
2007 0.778
2008 0.837
2009 0.791
2010 0.759
2011 0.799
2012 0.745
2013 0.767
2014 0.779
2015 0.665
2016 0.645
2017 0.662
2018 0.693
2019 0.658
2020 0.669

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

The value for PPP conversion factor, private consumption (LCU per international $) in Malta was 0.653 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.659 in 2006 and a minimum value of 0.597 in 1992.

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 0.615
1991 0.605
1992 0.597
1993 0.604
1994 0.612
1995 0.622
1996 0.616
1997 0.629
1998 0.643
1999 0.645
2000 0.645
2001 0.652
2002 0.657
2003 0.635
2004 0.636
2005 0.640
2006 0.659
2007 0.656
2008 0.656
2009 0.652
2010 0.639
2011 0.639
2012 0.645
2013 0.652
2014 0.649
2015 0.653
2016 0.637
2017 0.647
2018 0.639
2019 0.650
2020 0.653

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity