# Vietnam - PPP conversion factor

## PPP conversion factor, GDP (LCU per international \$)

The value for PPP conversion factor, GDP (LCU per international \$) in Vietnam was 7,109.83 as of 2010. As the graph below shows, over the past 25 years this indicator reached a maximum value of 7,109.83 in 2010 and a minimum value of 4.02 in 1985.

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.

Year Value
1985 4.02
1986 19.57
1987 87.96
1988 434.37
1989 710.33
1990 972.46
1991 1,622.80
1992 2,107.91
1993 2,421.91
1994 2,775.96
1995 3,175.12
1996 3,391.20
1997 3,546.56
1998 3,809.77
1999 3,970.06
2000 4,018.45
2001 4,005.93
2002 4,097.16
2003 4,278.88
2004 4,501.28
2005 4,712.69
2006 4,895.89
2007 5,147.87
2008 6,153.37
2009 6,407.51
2010 7,109.83

## PPP conversion factor (GDP) to market exchange rate ratio

The value for PPP conversion factor (GDP) to market exchange rate ratio in Vietnam was 0.38 as of 2010. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1.12 in 1987 and a minimum value of 0.15 in 1990.

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.

Year Value
1985 0.48
1986 0.86
1987 1.12
1988 0.72
1989 0.16
1990 0.15
1991 0.20
1992 0.19
1993 0.23
1994 0.25
1995 0.29
1996 0.31
1997 0.30
1998 0.29
1999 0.28
2000 0.28
2001 0.27
2002 0.27
2003 0.28
2004 0.29
2005 0.30
2006 0.31
2007 0.32
2008 0.38
2009 0.38
2010 0.38

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

The value for PPP conversion factor, private consumption (LCU per international \$) in Vietnam was 8,847 as of 2010. As the graph below shows, over the past 15 years this indicator reached a maximum value of 8,847 in 2010 and a minimum value of 5,089 in 1995.

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.

Year Value
1995 5,089
1996 5,225
1997 5,269
1998 5,566
1999 5,671
2000 5,392
2001 5,221
2002 5,336
2003 5,386
2004 5,653
2005 5,920
2006 6,158
2007 6,485
2008 7,689
2009 8,261
2010 8,847

## Classification

Sub-Topic: Purchasing power parity