Argentina - PPP conversion factor (GDP) to market exchange rate ratio

PPP conversion factor (GDP) to market exchange rate ratio in Argentina was at 0.66217 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 argentina ppp conversion factor gdp to market exchange rate ratio wb data




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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.


Argentina | Economy & Growth

GDP (current $)
537659972702
GDP (constant 2005 $)
329387248149
GDP (current US$)
584711485365 USD
GDP (current LCU)
5854014449178 LCU
GDP (constant 2005 US$)
455948010971 USD
GDP (constant LCU)
720897993192 LCU
GNI (current US$)
574456019884 USD
GNI (current LCU)
5751338779878 LCU
GNI (constant 2005 US$)
448090427263 USD
GNI (constant LCU)
707668320472 LCU
Gross savings (current US$)
83223288499 USD
Gross savings (current LCU)
833214919790 LCU