# Zambia - PPP conversion factor

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

The value for PPP conversion factor, GDP (LCU per international \$) in Zambia was 4,274.82 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 4,274.82 in 2011 and a minimum value of 0.71 in 1981.

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
1980 0.73
1981 0.71
1982 0.71
1983 0.81
1984 0.93
1985 1.27
1986 2.26
1987 3.55
1988 4.61
1989 8.04
1990 15.99
1991 29.79
1992 77.48
1993 184.74
1994 299.48
1995 404.02
1996 487.95
1997 603.04
1998 710.60
1999 849.87
2000 1,087.70
2001 1,321.76
2002 1,557.60
2003 1,826.76
2004 2,132.11
2005 2,414.81
2006 2,650.33
2007 2,905.61
2008 3,193.29
2009 3,490.19
2010 3,870.75
2011 4,274.82

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

The value for PPP conversion factor (GDP) to market exchange rate ratio in Zambia was 0.88 as of 2011. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.92 in 1980 and a minimum value of 0.29 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.

Year Value
1980 0.92
1981 0.82
1982 0.77
1983 0.64
1984 0.51
1985 0.40
1986 0.29
1987 0.37
1988 0.56
1989 0.58
1990 0.46
1991 0.46
1992 0.43
1993 0.41
1994 0.45
1995 0.47
1996 0.40
1997 0.46
1998 0.38
1999 0.36
2000 0.35
2001 0.37
2002 0.35
2003 0.39
2004 0.45
2005 0.54
2006 0.74
2007 0.73
2008 0.85
2009 0.69
2010 0.81
2011 0.88

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

The value for PPP conversion factor, private consumption (LCU per international \$) in Zambia was 4,365.04 as of 2011. As the graph below shows, over the past 26 years this indicator reached a maximum value of 4,365.04 in 2011 and a minimum value of 1.16 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 private consumption (i.e., household final consumption expenditure).

Source: World Bank, International Comparison Program database.

Year Value
1985 1.16
1986 1.78
1987 2.52
1988 3.66
1989 7.80
1990 15.31
1991 29.03
1992 74.88
1993 206.06
1994 310.47
1995 407.49
1996 566.40
1997 688.61
1998 843.94
1999 1,047.10
2000 1,276.55
2001 1,507.06
2002 1,813.37
2003 2,152.60
2004 2,473.16
2005 2,830.33
2006 2,989.18
2007 3,216.01
2008 3,482.56
2009 3,963.15
2010 4,230.70
2011 4,365.04

## Classification

Sub-Topic: Purchasing power parity