Djibouti - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Djibouti was 105.29 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 106.13 in 2016 and a minimum value of 93.57 in 2011.

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
2011 93.57
2012 98.27
2013 100.15
2014 102.11
2015 103.30
2016 106.13
2017 106.02
2018 104.58
2019 105.20
2020 105.29

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 Djibouti was 0.592 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 0.597 in 2016 and a minimum value of 0.527 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 0.527
2012 0.553
2013 0.564
2014 0.575
2015 0.581
2016 0.597
2017 0.597
2018 0.588
2019 0.592
2020 0.592

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

The value for PPP conversion factor, private consumption (LCU per international $) in Djibouti was 104.46 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 105.12 in 2016 and a minimum value of 85.69 in 2003.

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 87.66
2001 86.74
2002 85.93
2003 85.69
2004 86.06
2005 85.82
2006 86.03
2007 87.80
2008 94.67
2009 96.60
2010 98.79
2011 100.62
2012 100.60
2013 102.84
2014 104.18
2015 103.54
2016 105.12
2017 104.74
2018 102.39
2019 103.91
2020 104.46

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity