Vanuatu - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Vanuatu was 63.23 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 63.44 in 2010 and a minimum value of 43.49 in 1986.

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 50.72
1981 49.83
1982 46.20
1983 45.24
1984 48.91
1985 45.83
1986 43.49
1987 49.21
1988 52.22
1989 53.57
1990 51.10
1991 54.50
1992 54.86
1993 54.79
1994 54.95
1995 54.62
1996 54.79
1997 55.46
1998 59.15
1999 60.09
2000 60.10
2001 60.96
2002 60.99
2003 60.51
2004 59.83
2005 58.13
2006 59.12
2007 60.22
2008 61.73
2009 61.75
2010 63.44
2011 63.23

PPP conversion factor (GDP) to market exchange rate ratio

The value for PPP conversion factor (GDP) to market exchange rate ratio in Vanuatu was 0.71 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.74 in 1980 and a minimum value of 0.41 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 0.74
1981 0.57
1982 0.48
1983 0.46
1984 0.49
1985 0.43
1986 0.41
1987 0.45
1988 0.50
1989 0.46
1990 0.44
1991 0.49
1992 0.48
1993 0.45
1994 0.47
1995 0.49
1996 0.49
1997 0.48
1998 0.46
1999 0.47
2000 0.44
2001 0.42
2002 0.44
2003 0.50
2004 0.54
2005 0.53
2006 0.53
2007 0.59
2008 0.61
2009 0.58
2010 0.65
2011 0.71

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

The value for PPP conversion factor, private consumption (LCU per international $) in Vanuatu was 72.40 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 74.04 in 2010 and a minimum value of 50.00 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 50.00
1981 57.50
1982 57.77
1983 56.90
1984 57.55
1985 56.17
1986 57.77
1987 64.62
1988 67.57
1989 69.45
1990 69.03
1991 70.51
1992 71.22
1993 71.64
1994 71.43
1995 71.03
1996 69.63
1997 69.97
1998 71.16
1999 71.03
2000 70.40
2001 70.97
2002 71.23
2003 71.75
2004 70.87
2005 69.37
2006 68.57
2007 69.31
2008 69.97
2009 73.20
2010 74.04
2011 72.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity