Pakistan - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Pakistan was 39.09 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 39.09 in 2020 and a minimum value of 5.44 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 5.44
1991 5.98
1992 6.44
1993 6.85
1994 7.58
1995 8.39
1996 8.93
1997 9.94
1998 10.57
1999 11.03
2000 11.19
2001 11.53
2002 11.78
2003 11.94
2004 12.48
2005 13.05
2006 13.99
2007 14.62
2008 16.23
2009 19.44
2010 21.30
2011 24.96
2012 26.64
2013 28.52
2014 30.40
2015 31.47
2016 32.38
2017 33.59
2018 33.61
2019 35.92
2020 39.09

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 Pakistan was 0.247 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.320 in 2017 and a minimum value of 0.191 in 2002.

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 0.254
1991 0.267
1992 0.260
1993 0.264
1994 0.252
1995 0.273
1996 0.267
1997 0.256
1998 0.246
1999 0.236
2000 0.216
2001 0.198
2002 0.191
2003 0.204
2004 0.217
2005 0.220
2006 0.234
2007 0.241
2008 0.260
2009 0.248
2010 0.254
2011 0.292
2012 0.298
2013 0.295
2014 0.295
2015 0.310
2016 0.310
2017 0.320
2018 0.305
2019 0.263
2020 0.247

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

The value for PPP conversion factor, private consumption (LCU per international $) in Pakistan was 42.00 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 42.00 in 2021 and a minimum value of 7.06 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 7.06
1991 7.57
1992 8.05
1993 8.59
1994 9.41
1995 10.29
1996 11.03
1997 12.00
1998 12.56
1999 12.80
2000 12.92
2001 12.96
2002 13.18
2003 13.26
2004 13.87
2005 14.64
2006 15.30
2007 16.01
2008 18.54
2009 21.15
2010 23.50
2011 25.50
2012 26.52
2013 28.88
2014 30.72
2015 31.37
2016 32.10
2017 33.25
2018 34.11
2019 37.04
2020 40.16
2021 42.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity