Madagascar - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Madagascar was 1,156.55 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,156.55 in 2020 and a minimum value of 83.56 in 1990.

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 83.56
1991 87.73
1992 98.27
1993 105.58
1994 143.68
1995 209.74
1996 246.66
1997 253.22
1998 265.95
1999 281.01
2000 306.67
2001 323.84
2002 371.40
2003 358.41
2004 397.73
2005 456.54
2006 490.84
2007 527.18
2008 555.83
2009 589.85
2010 642.63
2011 694.86
2012 742.90
2013 777.66
2014 823.96
2015 886.09
2016 941.01
2017 1,013.44
2018 1,071.80
2019 1,121.68
2020 1,156.55

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 Madagascar was 0.305 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.352 in 2013 and a minimum value of 0.213 in 2004.

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 0.280
1991 0.239
1992 0.264
1993 0.276
1994 0.234
1995 0.246
1996 0.304
1997 0.249
1998 0.244
1999 0.224
2000 0.227
2001 0.246
2002 0.272
2003 0.289
2004 0.213
2005 0.228
2006 0.229
2007 0.281
2008 0.325
2009 0.302
2010 0.307
2011 0.343
2012 0.338
2013 0.352
2014 0.341
2015 0.302
2016 0.296
2017 0.325
2018 0.321
2019 0.310
2020 0.305

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

The value for PPP conversion factor, private consumption (LCU per international $) in Madagascar was 1,089.91 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,089.91 in 2020 and a minimum value of 89.76 in 1990.

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 89.76
1991 93.51
1992 103.94
1993 111.06
1994 150.39
1995 218.08
1996 253.73
1997 259.06
1998 270.94
1999 291.46
2000 315.38
2001 330.99
2002 379.58
2003 364.83
2004 404.90
2005 463.53
2006 497.39
2007 533.35
2008 561.38
2009 613.83
2010 659.77
2011 700.23
2012 708.45
2013 760.08
2014 797.93
2015 852.49
2016 890.62
2017 962.96
2018 1,020.79
2019 1,058.87
2020 1,089.91

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity