Philippines - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Philippines was 24.32 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 24.32 in 2010 and a minimum value of 3.84 in 1980.

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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 3.84
1981 3.92
1982 4.02
1983 4.41
1984 6.52
1985 7.44
1986 7.49
1987 7.83
1988 8.29
1989 8.71
1990 9.49
1991 10.69
1992 11.30
1993 11.81
1994 12.73
1995 13.38
1996 14.16
1997 14.76
1998 17.82
1999 18.72
2000 19.37
2001 19.99
2002 20.49
2003 20.70
2004 21.24
2005 21.75
2006 22.11
2007 22.14
2008 23.31
2009 23.53
2010 24.32

PPP conversion factor (GDP) to market exchange rate ratio

The value for PPP conversion factor (GDP) to market exchange rate ratio in Philippines was 0.54 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.54 in 1996 and a minimum value of 0.37 in 1986.

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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 0.51
1981 0.50
1982 0.47
1983 0.40
1984 0.39
1985 0.40
1986 0.37
1987 0.38
1988 0.39
1989 0.40
1990 0.39
1991 0.39
1992 0.44
1993 0.44
1994 0.48
1995 0.52
1996 0.54
1997 0.50
1998 0.44
1999 0.48
2000 0.44
2001 0.39
2002 0.40
2003 0.38
2004 0.38
2005 0.39
2006 0.43
2007 0.48
2008 0.52
2009 0.49
2010 0.54

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

The value for PPP conversion factor, private consumption (LCU per international $) in Philippines was 27.71 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 27.71 in 2010 and a minimum value of 5.65 in 1980.

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).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 5.65
1981 5.79
1982 6.01
1983 6.41
1984 9.24
1985 10.98
1986 10.86
1987 10.87
1988 11.36
1989 11.99
1990 12.82
1991 14.57
1992 15.36
1993 15.94
1994 16.84
1995 17.48
1996 18.25
1997 18.83
1998 20.26
1999 21.01
2000 21.13
2001 21.94
2002 22.25
2003 22.50
2004 23.23
2005 24.18
2006 24.89
2007 24.88
2008 26.19
2009 27.13
2010 27.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity