Mozambique - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Mozambique was 24.03 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 24.03 in 2020 and a minimum value of 1.27 in 1991.

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
1991 1.27
1992 1.69
1993 2.37
1994 3.48
1995 5.16
1996 7.59
1997 8.25
1998 8.65
1999 9.32
2000 10.17
2001 11.52
2002 12.48
2003 12.78
2004 13.26
2005 13.78
2006 14.43
2007 15.11
2008 15.61
2009 15.65
2010 16.71
2011 16.89
2012 18.02
2013 18.43
2014 18.55
2015 18.26
2016 19.83
2017 22.86
2018 22.99
2019 23.73
2020 24.03

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 Mozambique was 0.346 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 0.885 in 1991 and a minimum value of 0.315 in 2016.

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
1991 0.885
1992 0.670
1993 0.612
1994 0.576
1995 0.572
1996 0.672
1997 0.715
1998 0.728
1999 0.730
2000 0.668
2001 0.556
2002 0.527
2003 0.537
2004 0.587
2005 0.598
2006 0.568
2007 0.585
2008 0.642
2009 0.569
2010 0.492
2011 0.581
2012 0.635
2013 0.612
2014 0.592
2015 0.457
2016 0.315
2017 0.359
2018 0.381
2019 0.379
2020 0.346

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

The value for PPP conversion factor, private consumption (LCU per international $) in Mozambique was 22.94 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 22.94 in 2020 and a minimum value of 11.56 in 2007.

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
2007 11.56
2008 12.75
2009 13.28
2010 14.69
2011 15.83
2012 15.51
2013 16.28
2014 16.49
2015 16.84
2016 19.40
2017 21.99
2018 22.30
2019 22.52
2020 22.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity