Lithuania - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Lithuania was 0.449 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 0.493 in 2008 and a minimum value of 0.361 in 1995.

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
1995 0.361
1996 0.423
1997 0.464
1998 0.473
1999 0.461
2000 0.452
2001 0.432
2002 0.421
2003 0.404
2004 0.414
2005 0.435
2006 0.446
2007 0.471
2008 0.493
2009 0.469
2010 0.450
2011 0.452
2012 0.453
2013 0.443
2014 0.443
2015 0.444
2016 0.449

2005 PPP conversion factor, GDP (LCU per international $)

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. Historical estimates are provided for the 2005 benchmark year only. A separate series is available for extrapolated estimates based on the latest ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2005 0.431

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 Lithuania was 0.497 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 0.721 in 2008 and a minimum value of 0.365 in 1996.

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
1995 0.366
1996 0.365
1997 0.401
1998 0.408
1999 0.398
2000 0.390
2001 0.373
2002 0.395
2003 0.456
2004 0.514
2005 0.541
2006 0.560
2007 0.644
2008 0.721
2009 0.652
2010 0.595
2011 0.628
2012 0.582
2013 0.588
2014 0.587
2015 0.493
2016 0.497

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

The value for PPP conversion factor, private consumption (LCU per international $) in Lithuania was 0.510 as of 2016. As the graph below shows, over the past 24 years this indicator reached a maximum value of 0.545 in 2008 and a minimum value of 0.036 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
1992 0.036
1993 0.180
1994 0.301
1995 0.410
1996 0.474
1997 0.509
1998 0.530
1999 0.514
2000 0.502
2001 0.494
2002 0.477
2003 0.451
2004 0.455
2005 0.473
2006 0.496
2007 0.518
2008 0.545
2009 0.534
2010 0.516
2011 0.517
2012 0.519
2013 0.504
2014 0.504
2015 0.500
2016 0.510

2005 PPP conversion factor, private consumption (LCU per international $)

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). Historical estimates are provided for the 2005 benchmark year only. A separate series is available for extrapolated estimates based on the latest ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2005 0.476

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity