Sri Lanka - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Sri Lanka was 51.65 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 51.65 in 2020 and a minimum value of 9.97 in 1990.

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 9.97
1991 10.67
1992 11.41
1993 12.25
1994 13.16
1995 14.09
1996 15.33
1997 16.41
1998 17.72
1999 18.20
2000 19.09
2001 19.65
2002 20.91
2003 22.32
2004 23.65
2005 25.33
2006 27.35
2007 30.38
2008 34.66
2009 36.42
2010 38.63
2011 39.29
2012 41.45
2013 42.94
2014 44.30
2015 45.18
2016 46.28
2017 49.39
2018 50.08
2019 50.55
2020 51.65

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 Sri Lanka was 0.278 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.355 in 2011 and a minimum value of 0.219 in 2002.

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 0.249
1991 0.258
1992 0.260
1993 0.253
1994 0.266
1995 0.275
1996 0.277
1997 0.278
1998 0.275
1999 0.258
2000 0.248
2001 0.220
2002 0.219
2003 0.231
2004 0.234
2005 0.252
2006 0.263
2007 0.275
2008 0.320
2009 0.317
2010 0.342
2011 0.355
2012 0.325
2013 0.333
2014 0.339
2015 0.333
2016 0.318
2017 0.324
2018 0.308
2019 0.283
2020 0.278

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

The value for PPP conversion factor, private consumption (LCU per international $) in Sri Lanka was 59.00 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 59.00 in 2020 and a minimum value of 10.05 in 1990.

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 10.05
1991 10.81
1992 11.69
1993 12.69
1994 13.41
1995 14.05
1996 15.82
1997 16.94
1998 18.24
1999 18.69
2000 19.20
2001 21.31
2002 22.98
2003 23.89
2004 25.03
2005 27.03
2006 28.81
2007 32.44
2008 38.29
2009 39.76
2010 41.55
2011 42.99
2012 43.52
2013 46.41
2014 48.42
2015 50.26
2016 51.78
2017 55.50
2018 55.33
2019 56.27
2020 59.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity