Tanzania - PPP conversion factor

PPP conversion factor, GDP (LCU per international $)

The value for PPP conversion factor, GDP (LCU per international $) in Tanzania was 888.37 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 895.99 in 2019 and a minimum value of 51.33 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 51.33
1991 63.61
1992 77.98
1993 94.80
1994 121.75
1995 151.29
1996 177.26
1997 210.00
1998 237.19
1999 260.80
2000 276.02
2001 283.10
2002 298.85
2003 318.10
2004 331.09
2005 341.73
2006 349.96
2007 371.82
2008 424.47
2009 459.35
2010 496.87
2011 546.07
2012 649.71
2013 706.31
2014 759.03
2015 803.81
2016 848.68
2017 885.08
2018 890.05
2019 895.99
2020 888.37

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 Tanzania was 0.387 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 0.459 in 2014 and a minimum value of 0.234 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 0.263
1991 0.290
1992 0.262
1993 0.234
1994 0.239
1995 0.263
1996 0.306
1997 0.343
1998 0.357
1999 0.350
2000 0.345
2001 0.323
2002 0.309
2003 0.306
2004 0.304
2005 0.303
2006 0.280
2007 0.299
2008 0.355
2009 0.348
2010 0.356
2011 0.351
2012 0.413
2013 0.442
2014 0.459
2015 0.404
2016 0.390
2017 0.397
2018 0.393
2019 0.392
2020 0.387

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

The value for PPP conversion factor, private consumption (LCU per international $) in Tanzania was 790.48 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 790.48 in 2020 and a minimum value of 76.54 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 76.54
1991 94.50
1992 111.76
1993 135.99
1994 177.71
1995 220.27
1996 258.89
1997 293.69
1998 326.21
1999 344.42
2000 352.90
2001 360.87
2002 374.13
2003 385.22
2004 392.95
2005 399.19
2006 414.75
2007 431.58
2008 458.34
2009 515.83
2010 538.97
2011 588.79
2012 636.55
2013 681.66
2014 706.94
2015 727.54
2016 735.66
2017 754.62
2018 762.37
2019 774.74
2020 790.48

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity