Sudan - 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 Sudan was 0.117 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.388 in 2008 and a minimum value of 0.117 in 2020.

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 0.295
1991 0.243
1992 0.138
1993 0.163
1994 0.227
1995 0.227
1996 0.137
1997 0.158
1998 0.144
1999 0.131
2000 0.138
2001 0.163
2002 0.175
2003 0.190
2004 0.219
2005 0.266
2006 0.312
2007 0.377
2008 0.388
2009 0.316
2010 0.343
2011 0.324
2012 0.273
2013 0.302
2014 0.294
2015 0.300
2016 0.225
2017 0.220
2018 0.166
2019 0.140
2020 0.117

Statistical Concept and Methodology: The ratio of the PPP conversion factor to the market exchange rate - the national price level or comparative price level - measures differences in the price level at the gross domestic product (GDP) level. The price level index tends to be lower in poorer countries and to rise with income.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity