Equatorial Guinea - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Equatorial Guinea was 229.18 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 297.51 in 2011 and a minimum value of 81.01 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 139.96
1991 140.19
1992 115.93
1993 110.20
1994 134.35
1995 141.70
1996 140.30
1997 119.71
1998 81.01
1999 111.13
2000 159.31
2001 137.23
2002 132.95
2003 131.36
2004 149.56
2005 206.80
2006 226.77
2007 227.55
2008 267.49
2009 210.17
2010 259.49
2011 297.51
2012 295.04
2013 289.68
2014 284.19
2015 277.46
2016 267.94
2017 248.93
2018 266.23
2019 255.81
2020 229.18

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 Equatorial Guinea was 0.398 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.631 in 2011 and a minimum value of 0.137 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 0.514
1991 0.497
1992 0.438
1993 0.389
1994 0.242
1995 0.284
1996 0.274
1997 0.205
1998 0.137
1999 0.180
2000 0.224
2001 0.187
2002 0.191
2003 0.226
2004 0.283
2005 0.392
2006 0.434
2007 0.475
2008 0.597
2009 0.445
2010 0.524
2011 0.631
2012 0.578
2013 0.587
2014 0.576
2015 0.469
2016 0.452
2017 0.429
2018 0.479
2019 0.437
2020 0.398

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

The value for PPP conversion factor, private consumption (LCU per international $) in Equatorial Guinea was 309.80 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 328.09 in 2011 and a minimum value of 137.92 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
1990 160.22
1991 148.45
1992 137.92
1993 141.27
1994 181.52
1995 211.65
1996 214.96
1997 216.39
1998 229.99
1999 225.90
2000 229.02
2001 242.38
2002 256.71
2003 269.40
2004 273.44
2005 279.36
2006 282.58
2007 282.45
2008 289.83
2009 304.51
2010 322.93
2011 328.09
2012 315.44
2013 319.57
2014 320.79
2015 315.78
2016 313.34
2017 304.29
2018 301.04
2019 299.35
2020 309.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity