Azerbaijan - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Azerbaijan was 0.445 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 0.445 in 2018 and a minimum value of 0.000 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 0.000
1991 0.000
1992 0.000
1993 0.001
1994 0.017
1995 0.111
1996 0.137
1997 0.147
1998 0.144
1999 0.145
2000 0.160
2001 0.161
2002 0.165
2003 0.173
2004 0.184
2005 0.205
2006 0.221
2007 0.260
2008 0.326
2009 0.262
2010 0.295
2011 0.360
2012 0.364
2013 0.359
2014 0.348
2015 0.314
2016 0.356
2017 0.407
2018 0.445

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 0.332

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 Azerbaijan was 0.262 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 0.463 in 2012 and a minimum value of 0.150 in 1992.

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 0.217
1991 0.210
1992 0.150
1993 0.152
1994 0.155
1995 0.158
1996 0.160
1997 0.185
1998 0.187
1999 0.176
2000 0.179
2001 0.172
2002 0.169
2003 0.176
2004 0.187
2005 0.217
2006 0.248
2007 0.303
2008 0.397
2009 0.326
2010 0.368
2011 0.456
2012 0.463
2013 0.457
2014 0.443
2015 0.306
2016 0.223
2017 0.237
2018 0.262

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

The value for PPP conversion factor, private consumption (LCU per international $) in Azerbaijan was 0.417 as of 2018. As the graph below shows, over the past 27 years this indicator reached a maximum value of 0.419 in 2017 and a minimum value of 0.000 in 1992.

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
1991 0.000
1992 0.000
1993 0.002
1994 0.039
1995 0.192
1996 0.223
1997 0.226
1998 0.221
1999 0.198
2000 0.195
2001 0.193
2002 0.195
2003 0.195
2004 0.202
2005 0.215
2006 0.225
2007 0.256
2008 0.297
2009 0.303
2010 0.315
2011 0.329
2012 0.326
2013 0.329
2014 0.329
2015 0.341
2016 0.379
2017 0.419
2018 0.417

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 0.353

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity