Paraguay - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Paraguay was 2,591.04 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 2,591.04 in 2020 and a minimum value of 314.09 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 314.09
1991 380.13
1992 424.00
1993 464.80
1994 512.30
1995 557.36
1996 609.85
1997 619.57
1998 712.29
1999 777.14
2000 871.62
2001 971.77
2002 1,128.35
2003 1,275.54
2004 1,389.11
2005 1,521.64
2006 1,607.74
2007 1,763.51
2008 1,941.33
2009 1,996.93
2010 2,065.83
2011 2,126.67
2012 2,288.41
2013 2,309.78
2014 2,383.45
2015 2,453.16
2016 2,507.40
2017 2,534.38
2018 2,523.47
2019 2,553.88
2020 2,591.04

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 Paraguay was 0.383 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.537 in 2013 and a minimum value of 0.197 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 0.255
1991 0.287
1992 0.283
1993 0.266
1994 0.269
1995 0.284
1996 0.297
1997 0.284
1998 0.261
1999 0.249
2000 0.250
2001 0.237
2002 0.197
2003 0.199
2004 0.233
2005 0.246
2006 0.285
2007 0.350
2008 0.445
2009 0.402
2010 0.436
2011 0.507
2012 0.518
2013 0.537
2014 0.534
2015 0.471
2016 0.442
2017 0.451
2018 0.440
2019 0.409
2020 0.383

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

The value for PPP conversion factor, private consumption (LCU per international $) in Paraguay was 2,617.90 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 2,617.90 in 2021 and a minimum value of 478.28 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 478.28
1991 570.01
1992 637.31
1993 731.75
1994 859.83
1995 948.65
1996 1,011.95
1997 1,057.55
1998 1,161.70
1999 1,213.59
2000 1,279.39
2001 1,334.66
2002 1,451.91
2003 1,621.80
2004 1,647.80
2005 1,702.22
2006 1,807.15
2007 1,899.88
2008 2,015.44
2009 2,075.05
2010 2,136.53
2011 2,242.10
2012 2,216.48
2013 2,289.41
2014 2,371.10
2015 2,423.32
2016 2,469.58
2017 2,539.99
2018 2,578.00
2019 2,601.92
2020 2,615.64
2021 2,617.90

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity