DEC alternative conversion factor (LCU per US$) - Country Ranking
Definition: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
Source: International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.
See also: Thematic map, Time series comparison
Rank | Country | Value | Year |
---|---|---|---|
1 | Iran | 172,430.80 | 2020 |
2 | Somalia | 25,761.00 | 2020 |
3 | Vietnam | 23,208.37 | 2020 |
4 | Indonesia | 14,582.20 | 2020 |
5 | Uzbekistan | 10,054.26 | 2020 |
6 | Sierra Leone | 9,829.00 | 2020 |
7 | Guinea | 9,565.10 | 2020 |
8 | Lao PDR | 9,045.79 | 2020 |
9 | Paraguay | 6,771.10 | 2020 |
10 | Cambodia | 4,092.78 | 2020 |
11 | Madagascar | 3,787.75 | 2020 |
12 | Uganda | 3,715.10 | 2020 |
13 | Colombia | 3,694.85 | 2020 |
14 | Lebanon | 3,688.00 | 2020 |
15 | Mongolia | 2,813.29 | 2020 |
16 | Tanzania | 2,294.15 | 2020 |
17 | Burundi | 2,195.65 | 2020 |
18 | Dem. Rep. Congo | 1,851.12 | 2020 |
19 | Myanmar | 1,428.78 | 2020 |
20 | Iraq | 1,192.00 | 2020 |
21 | Korea | 1,180.27 | 2020 |
22 | Rwanda | 943.14 | 2020 |
23 | Chile | 792.73 | 2020 |
24 | Malawi | 749.53 | 2020 |
25 | Yemen | 743.00 | 2020 |
26 | Costa Rica | 584.90 | 2020 |
27 | Angola | 578.26 | 2020 |
28 | Burkina Faso | 575.59 | 2020 |
28 | Côte d'Ivoire | 575.59 | 2020 |
28 | Cameroon | 575.59 | 2020 |
28 | Congo | 575.59 | 2020 |
28 | Central African Republic | 575.59 | 2020 |
28 | Niger | 575.59 | 2020 |
28 | Guinea-Bissau | 575.59 | 2020 |
28 | Equatorial Guinea | 575.59 | 2020 |
28 | Gabon | 575.59 | 2020 |
28 | Senegal | 575.59 | 2020 |
28 | Benin | 575.59 | 2020 |
28 | Mali | 575.59 | 2020 |
28 | Chad | 575.59 | 2020 |
28 | Togo | 575.59 | 2020 |
42 | Syrian Arab Republic | 522.63 | 2019 |
43 | Armenia | 489.01 | 2020 |
44 | Comoros | 430.72 | 2020 |
45 | Kazakhstan | 412.95 | 2020 |
46 | Nigeria | 356.82 | 2020 |
47 | Hungary | 308.00 | 2020 |
48 | Guyana | 208.50 | 2020 |
49 | Sudan | 190.30 | 2020 |
50 | Sri Lanka | 185.59 | 2020 |
51 | Djibouti | 177.72 | 2020 |
52 | Pakistan | 158.24 | 2020 |
53 | Jamaica | 142.40 | 2020 |
54 | Iceland | 135.42 | 2020 |
55 | Algeria | 126.78 | 2020 |
56 | Nepal | 116.31 | 2020 |
57 | Vanuatu | 115.38 | 2020 |
58 | Albania | 108.65 | 2020 |
59 | Japan | 106.77 | 2020 |
60 | Kenya | 106.45 | 2020 |
61 | New Caledonia | 104.71 | 2020 |
62 | Serbia | 103.16 | 2020 |
63 | Haiti | 99.94 | 2020 |
64 | Cabo Verde | 96.80 | 2020 |
65 | Bangladesh | 84.79 | 2020 |
66 | Kyrgyz Republic | 77.35 | 2020 |
67 | Afghanistan | 76.92 | 2020 |
68 | India | 74.23 | 2020 |
69 | Bhutan | 74.10 | 2020 |
70 | Russia | 72.10 | 2020 |
71 | Argentina | 70.59 | 2020 |
72 | Mozambique | 69.51 | 2020 |
73 | Zimbabwe | 64.10 | 2020 |
74 | Dominican Republic | 56.52 | 2020 |
75 | North Macedonia | 54.14 | 2020 |
76 | The Gambia | 51.50 | 2020 |
77 | Philippines | 49.62 | 2020 |
78 | Uruguay | 42.01 | 2020 |
79 | Mauritius | 39.35 | 2020 |
80 | Mauritania | 37.20 | 2020 |
81 | Nicaragua | 34.34 | 2020 |
82 | Ethiopia | 31.35 | 2020 |
83 | Thailand | 31.29 | 2020 |
84 | Ukraine | 26.96 | 2020 |
85 | Honduras | 24.75 | 2020 |
86 | Czech Republic | 23.21 | 2020 |
87 | São Tomé and Principe | 21.67 | 2020 |
88 | Mexico | 21.49 | 2020 |
89 | Zambia | 18.34 | 2020 |
90 | Seychelles | 17.60 | 2020 |
91 | Moldova | 17.32 | 2020 |
92 | Lesotho | 16.47 | 2020 |
93 | Eswatini | 16.47 | 2020 |
94 | Namibia | 16.46 | 2020 |
95 | South Africa | 16.46 | 2020 |
96 | Egypt | 16.03 | 2020 |
97 | Eritrea | 15.08 | 2020 |
98 | Suriname | 13.30 | 2020 |
99 | Botswana | 11.46 | 2020 |
100 | Tajikistan | 10.32 | 2020 |
101 | Morocco | 9.50 | 2020 |
102 | Norway | 9.42 | 2020 |
103 | Sweden | 9.21 | 2020 |
104 | Solomon Islands | 8.21 | 2020 |
105 | Macao SAR, China | 7.99 | 2020 |
106 | Hong Kong SAR, China | 7.76 | 2020 |
107 | Guatemala | 7.72 | 2020 |
108 | Turkey | 7.01 | 2020 |
109 | Bolivia | 6.91 | 2020 |
110 | China | 6.90 | 2020 |
111 | Trinidad and Tobago | 6.75 | 2020 |
112 | Croatia | 6.61 | 2020 |
113 | Greenland | 6.54 | 2020 |
113 | Denmark | 6.54 | 2020 |
115 | Venezuela | 6.28 | 2014 |
116 | Ghana | 5.60 | 2020 |
117 | Brazil | 5.16 | 2020 |
118 | Romania | 4.24 | 2020 |
119 | Malaysia | 4.20 | 2020 |
120 | Poland | 3.90 | 2020 |
121 | Saudi Arabia | 3.75 | 2020 |
122 | United Arab Emirates | 3.67 | 2020 |
123 | Qatar | 3.64 | 2020 |
124 | Turkmenistan | 3.50 | 2020 |
125 | Peru | 3.49 | 2020 |
126 | Papua New Guinea | 3.46 | 2020 |
127 | Israel | 3.44 | 2020 |
128 | Georgia | 3.11 | 2020 |
129 | Tunisia | 2.81 | 2020 |
130 | St. Vincent and the Grenadines | 2.70 | 2020 |
130 | Dominica | 2.70 | 2020 |
130 | Antigua and Barbuda | 2.70 | 2020 |
130 | St. Kitts and Nevis | 2.70 | 2020 |
130 | St. Lucia | 2.70 | 2020 |
130 | Grenada | 2.70 | 2020 |
136 | Samoa | 2.70 | 2020 |
137 | Belarus | 2.44 | 2020 |
138 | Tonga | 2.31 | 2020 |
139 | Fiji | 2.17 | 2020 |
140 | Barbados | 2.00 | 2020 |
140 | Belize | 2.00 | 2020 |
142 | Bosnia and Herzegovina | 1.72 | 2020 |
143 | Bulgaria | 1.72 | 2020 |
144 | Azerbaijan | 1.70 | 2020 |
145 | New Zealand | 1.54 | 2020 |
146 | Australia | 1.49 | 2020 |
146 | Nauru | 1.49 | 2020 |
148 | Tuvalu | 1.45 | 2020 |
148 | Kiribati | 1.45 | 2020 |
150 | Libya | 1.40 | 2020 |
151 | Singapore | 1.38 | 2020 |
151 | Brunei | 1.38 | 2020 |
153 | Canada | 1.34 | 2020 |
154 | El Salvador | 1.00 | 2020 |
154 | Ecuador | 1.00 | 2020 |
154 | The Bahamas | 1.00 | 2020 |
154 | Cuba | 1.00 | 2020 |
154 | Panama | 1.00 | 2020 |
154 | Puerto Rico | 1.00 | 2020 |
154 | Liberia | 1.00 | 2020 |
154 | Timor-Leste | 1.00 | 2020 |
154 | Palau | 1.00 | 2020 |
154 | United States | 1.00 | 2020 |
164 | Liechtenstein | 0.94 | 2020 |
165 | Switzerland | 0.94 | 2020 |
166 | San Marino | 0.88 | 2020 |
166 | Montenegro | 0.88 | 2020 |
168 | Lithuania | 0.88 | 2020 |
168 | Luxembourg | 0.88 | 2020 |
168 | Latvia | 0.88 | 2020 |
168 | Austria | 0.88 | 2020 |
168 | France | 0.88 | 2020 |
168 | Spain | 0.88 | 2020 |
168 | Italy | 0.88 | 2020 |
168 | Ireland | 0.88 | 2020 |
168 | Belgium | 0.88 | 2020 |
168 | Estonia | 0.88 | 2020 |
168 | Germany | 0.88 | 2020 |
168 | Finland | 0.88 | 2020 |
168 | Greece | 0.88 | 2020 |
168 | Portugal | 0.88 | 2020 |
168 | Netherlands | 0.88 | 2020 |
168 | Slovak Republic | 0.88 | 2020 |
168 | Slovenia | 0.88 | 2020 |
185 | Malta | 0.88 | 2020 |
185 | Cyprus | 0.88 | 2020 |
185 | Andorra | 0.88 | 2020 |
185 | Monaco | 0.88 | 2020 |
189 | Cayman Islands | 0.83 | 2020 |
190 | United Kingdom | 0.78 | 2020 |
191 | Jordan | 0.71 | 2020 |
192 | Oman | 0.38 | 2020 |
193 | Bahrain | 0.38 | 2020 |
194 | Kuwait | 0.31 | 2020 |
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Statistical Concept and Methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. An alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Periodicity: Annual
General Comments: In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.