Tajikistan - 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 Tajikistan was 0.223 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.352 in 2012 and a minimum value of 0.101 in 1991.

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 0.189
1991 0.101
1992 0.222
1993 0.197
1994 0.227
1995 0.206
1996 0.206
1997 0.175
1998 0.236
1999 0.185
2000 0.132
2001 0.148
2002 0.149
2003 0.167
2004 0.197
2005 0.200
2006 0.222
2007 0.263
2008 0.332
2009 0.306
2010 0.322
2011 0.339
2012 0.352
2013 0.346
2014 0.334
2015 0.311
2016 0.259
2017 0.261
2018 0.244
2019 0.239
2020 0.223

Statistical Concept and Methodology: The ratio of the PPP conversion factor to the market exchange rate - the national price level or comparative price level - measures differences in the price level at the gross domestic product (GDP) level. The price level index tends to be lower in poorer countries and to rise with income.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity