Germany - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Germany was 0.731 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 0.987 in 1993 and a minimum value of 0.731 in 2021.

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 0.947
1991 0.944
1992 0.972
1993 0.987
1994 0.986
1995 0.985
1996 0.974
1997 0.973
1998 0.969
1999 0.954
2000 0.943
2001 0.930
2002 0.913
2003 0.896
2004 0.875
2005 0.873
2006 0.848
2007 0.837
2008 0.820
2009 0.811
2010 0.805
2011 0.789
2012 0.787
2013 0.775
2014 0.769
2015 0.778
2016 0.753
2017 0.745
2018 0.735
2019 0.751
2020 0.738
2021 0.731

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 Germany was 0.84 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1.34 in 1995 and a minimum value of 0.83 in 2001.

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 1.15
1991 1.11
1992 1.22
1993 1.17
1994 1.19
1995 1.34
1996 1.27
1997 1.10
1998 1.08
1999 1.02
2000 0.87
2001 0.83
2002 0.86
2003 1.01
2004 1.09
2005 1.09
2006 1.06
2007 1.15
2008 1.21
2009 1.13
2010 1.07
2011 1.10
2012 1.01
2013 1.03
2014 1.02
2015 0.86
2016 0.83
2017 0.84
2018 0.87
2019 0.84
2020 0.84

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

The value for PPP conversion factor, private consumption (LCU per international $) in Germany was 0.779 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.984 in 1994 and a minimum value of 0.779 in 2020.

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 0.955
1991 0.954
1992 0.969
1993 0.983
1994 0.984
1995 0.976
1996 0.966
1997 0.964
1998 0.963
1999 0.947
2000 0.942
2001 0.936
2002 0.931
2003 0.928
2004 0.909
2005 0.908
2006 0.898
2007 0.891
2008 0.876
2009 0.865
2010 0.852
2011 0.831
2012 0.831
2013 0.827
2014 0.820
2015 0.833
2016 0.807
2017 0.799
2018 0.781
2019 0.800
2020 0.779

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity