Singapore - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Singapore was 0.86 as of 2014. As the graph below shows, over the past 24 years this indicator reached a maximum value of 1.08 in 1995 and a minimum value of 0.86 in 2014.

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 1.04
1991 1.05
1992 1.04
1993 1.05
1994 1.07
1995 1.08
1996 1.08
1997 1.07
1998 1.04
1999 0.99
2000 1.00
2001 0.96
2002 0.93
2003 0.90
2004 0.91
2005 0.90
2006 0.89
2007 0.92
2008 0.89
2009 0.91
2010 0.90
2011 0.89
2012 0.89
2013 0.87
2014 0.86

2005 PPP conversion factor, GDP (LCU per international $)

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. Historical estimates are provided for the 2005 benchmark year only. A separate series is available for extrapolated estimates based on the latest ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2005 1.08

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 Singapore was 0.680 as of 2014. As the graph below shows, over the past 24 years this indicator reached a maximum value of 0.763 in 1996 and a minimum value of 0.515 in 2003.

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 0.535
1991 0.610
1992 0.639
1993 0.651
1994 0.699
1995 0.762
1996 0.763
1997 0.720
1998 0.623
1999 0.583
2000 0.581
2001 0.534
2002 0.520
2003 0.515
2004 0.539
2005 0.542
2006 0.560
2007 0.609
2008 0.627
2009 0.626
2010 0.660
2011 0.709
2012 0.709
2013 0.697
2014 0.680

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

The value for PPP conversion factor, private consumption (LCU per international $) in Singapore was 1.20 as of 2014. As the graph below shows, over the past 24 years this indicator reached a maximum value of 1.38 in 1990 and a minimum value of 1.10 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
1990 1.38
1991 1.37
1992 1.36
1993 1.35
1994 1.35
1995 1.34
1996 1.32
1997 1.31
1998 1.29
1999 1.26
2000 1.24
2001 1.22
2002 1.19
2003 1.17
2004 1.16
2005 1.13
2006 1.10
2007 1.10
2008 1.12
2009 1.13
2010 1.15
2011 1.17
2012 1.20
2013 1.21
2014 1.20

2005 PPP conversion factor, private consumption (LCU per international $)

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). Historical estimates are provided for the 2005 benchmark year only. A separate series is available for extrapolated estimates based on the latest ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2005 1.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity