Samoa - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Samoa was 1.62 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1.70 in 2016 and a minimum value of 0.74 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 0.74
1991 0.76
1992 0.81
1993 0.80
1994 1.31
1995 1.20
1996 1.23
1997 1.35
1998 1.38
1999 1.39
2000 1.40
2001 1.41
2002 1.42
2003 1.43
2004 1.49
2005 1.46
2006 1.55
2007 1.50
2008 1.60
2009 1.63
2010 1.69
2011 1.66
2012 1.69
2013 1.67
2014 1.64
2015 1.69
2016 1.70
2017 1.66
2018 1.64
2019 1.64
2020 1.62

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 Samoa was 0.601 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.734 in 2012 and a minimum value of 0.310 in 1993.

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 0.322
1991 0.319
1992 0.329
1993 0.310
1994 0.518
1995 0.484
1996 0.493
1997 0.549
1998 0.502
1999 0.465
2000 0.442
2001 0.411
2002 0.409
2003 0.451
2004 0.521
2005 0.538
2006 0.556
2007 0.574
2008 0.605
2009 0.596
2010 0.665
2011 0.696
2012 0.734
2013 0.733
2014 0.707
2015 0.699
2016 0.649
2017 0.656
2018 0.640
2019 0.625
2020 0.601

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

The value for PPP conversion factor, private consumption (LCU per international $) in Samoa was 1.79 as of 2021. As the graph below shows, over the past 31 years this indicator reached a maximum value of 1.90 in 2011 and a minimum value of 1.22 in 1991.

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 1.29
1991 1.22
1992 1.29
1993 1.27
1994 1.39
1995 1.31
1996 1.34
1997 1.40
1998 1.41
1999 1.39
2000 1.35
2001 1.37
2002 1.45
2003 1.42
2004 1.61
2005 1.59
2006 1.60
2007 1.64
2008 1.76
2009 1.88
2010 1.86
2011 1.90
2012 1.90
2013 1.88
2014 1.85
2015 1.86
2016 1.86
2017 1.85
2018 1.88
2019 1.87
2020 1.82
2021 1.79

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity