Bahrain - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Bahrain was 0.175 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.191 in 2018 and a minimum value of 0.094 in 1998.

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 0.119
1991 0.113
1992 0.107
1993 0.101
1994 0.106
1995 0.105
1996 0.104
1997 0.103
1998 0.094
1999 0.096
2000 0.122
2001 0.115
2002 0.117
2003 0.125
2004 0.135
2005 0.149
2006 0.157
2007 0.166
2008 0.181
2009 0.157
2010 0.166
2011 0.179
2012 0.176
2013 0.181
2014 0.184
2015 0.187
2016 0.190
2017 0.187
2018 0.191
2019 0.188
2020 0.175

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 Bahrain was 0.466 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.507 in 2018 and a minimum value of 0.251 in 1998.

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 0.318
1991 0.301
1992 0.284
1993 0.269
1994 0.283
1995 0.280
1996 0.276
1997 0.273
1998 0.251
1999 0.254
2000 0.323
2001 0.306
2002 0.311
2003 0.332
2004 0.359
2005 0.396
2006 0.418
2007 0.441
2008 0.482
2009 0.416
2010 0.442
2011 0.475
2012 0.467
2013 0.481
2014 0.489
2015 0.497
2016 0.505
2017 0.498
2018 0.507
2019 0.499
2020 0.466

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

The value for PPP conversion factor, private consumption (LCU per international $) in Bahrain was 0.185 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.242 in 1990 and a minimum value of 0.174 in 2012.

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 0.242
1991 0.234
1992 0.227
1993 0.226
1994 0.222
1995 0.222
1996 0.215
1997 0.215
1998 0.211
1999 0.204
2000 0.195
2001 0.188
2002 0.184
2003 0.183
2004 0.182
2005 0.181
2006 0.179
2007 0.179
2008 0.179
2009 0.184
2010 0.185
2011 0.179
2012 0.174
2013 0.186
2014 0.195
2015 0.202
2016 0.208
2017 0.204
2018 0.203
2019 0.202
2020 0.195
2021 0.185

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity