Senegal - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Senegal was 241.85 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 247.21 in 2013 and a minimum value of 156.44 in 1993.

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 172.20
1991 165.02
1992 160.01
1993 156.44
1994 205.31
1995 215.40
1996 220.33
1997 220.74
1998 224.35
1999 219.99
2000 218.00
2001 228.24
2002 228.96
2003 222.72
2004 216.58
2005 219.96
2006 219.66
2007 228.00
2008 242.03
2009 236.14
2010 237.17
2011 241.28
2012 245.60
2013 247.21
2014 243.62
2015 242.60
2016 244.66
2017 246.79
2018 238.98
2019 239.16
2020 241.85

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 Senegal was 0.420 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.632 in 1990 and a minimum value of 0.307 in 2000.

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 0.632
1991 0.585
1992 0.605
1993 0.552
1994 0.370
1995 0.432
1996 0.431
1997 0.378
1998 0.380
1999 0.357
2000 0.307
2001 0.312
2002 0.330
2003 0.384
2004 0.411
2005 0.417
2006 0.420
2007 0.476
2008 0.543
2009 0.502
2010 0.479
2011 0.512
2012 0.481
2013 0.501
2014 0.493
2015 0.410
2016 0.413
2017 0.425
2018 0.430
2019 0.408
2020 0.420

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

The value for PPP conversion factor, private consumption (LCU per international $) in Senegal was 236.87 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 267.95 in 1995 and a minimum value of 198.07 in 1993.

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 224.47
1991 211.57
1992 205.12
1993 198.07
1994 255.38
1995 267.95
1996 267.49
1997 265.96
1998 264.92
1999 261.40
2000 254.71
2001 255.07
2002 256.96
2003 251.13
2004 245.84
2005 241.84
2006 239.23
2007 246.21
2008 254.53
2009 249.69
2010 248.68
2011 249.28
2012 241.49
2013 245.32
2014 239.81
2015 238.39
2016 237.03
2017 238.58
2018 233.96
2019 233.84
2020 236.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity