Curaçao - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Curaçao was 1.40 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 1.43 in 2014 and a minimum value of 1.21 in 2004.

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
2000 1.25
2001 1.24
2002 1.23
2003 1.23
2004 1.21
2005 1.22
2006 1.22
2007 1.23
2008 1.29
2009 1.30
2010 1.32
2011 1.32
2012 1.41
2013 1.41
2014 1.43
2015 1.42
2016 1.41
2017 1.37
2018 1.37
2019 1.38
2020 1.40

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 Curaçao was 0.782 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 0.798 in 2014 and a minimum value of 0.740 in 2011.

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
2011 0.740
2012 0.787
2013 0.789
2014 0.798
2015 0.795
2016 0.788
2017 0.764
2018 0.765
2019 0.772
2020 0.782

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

The value for PPP conversion factor, private consumption (LCU per international $) in Curaçao was 1.50 as of 2019. As the graph below shows, over the past 19 years this indicator reached a maximum value of 1.50 in 2019 and a minimum value of 1.38 in 2004.

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
2000 1.43
2001 1.42
2002 1.40
2003 1.39
2004 1.38
2005 1.39
2006 1.38
2007 1.39
2008 1.43
2009 1.46
2010 1.47
2011 1.46
2012 1.42
2013 1.47
2014 1.49
2015 1.48
2016 1.47
2017 1.48
2018 1.48
2019 1.50

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity