Vanuatu - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Vanuatu was 100.27 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 100.51 in 2011 and a minimum value of 76.66 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 76.66
1991 81.84
1992 82.24
1993 81.97
1994 82.14
1995 81.84
1996 82.05
1997 83.22
1998 89.05
1999 90.49
2000 90.41
2001 91.68
2002 92.81
2003 91.71
2004 91.16
2005 88.69
2006 89.38
2007 91.82
2008 96.67
2009 98.14
2010 99.49
2011 100.51
2012 99.13
2013 100.27

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 58.13

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 Vanuatu was 1.10 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 1.12 in 2011 and a minimum value of 0.63 in 2001.

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 0.65
1991 0.73
1992 0.73
1993 0.67
1994 0.71
1995 0.73
1996 0.73
1997 0.72
1998 0.70
1999 0.70
2000 0.66
2001 0.63
2002 0.67
2003 0.75
2004 0.82
2005 0.81
2006 0.80
2007 0.90
2008 0.95
2009 0.92
2010 1.03
2011 1.12
2012 1.07
2013 1.10

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

The value for PPP conversion factor, private consumption (LCU per international $) in Vanuatu was 115.01 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 118.46 in 2010 and a minimum value of 109.71 in 2006.

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 110.45
1991 112.81
1992 113.94
1993 114.62
1994 114.28
1995 113.64
1996 111.41
1997 111.94
1998 113.85
1999 113.64
2000 112.63
2001 113.54
2002 113.96
2003 114.79
2004 113.39
2005 110.98
2006 109.71
2007 110.88
2008 111.94
2009 117.11
2010 118.46
2011 115.83
2012 115.03
2013 115.01

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 69.37

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity