Benin - Price level ratio of PPP conversion factor (GDP) to market exchange rate

Price level ratio of PPP conversion factor (GDP) to market exchange rate in Benin was at 0.37052, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 benin 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.


Benin | Economy & Growth

GDP (current US$)
8290986804 USD
GDP (current LCU)
4903700000000 LCU
GDP (constant 2000 US$)
8755259214 USD
GDP (constant LCU)
3938600000000 LCU
GNI (current US$)
8263954911 USD
GNI (current LCU)
4887712000000 LCU
GNI (constant 2000 US$)
8726455086 USD
GNI (constant LCU)
3925185836273 LCU
Gross savings (current LCU)
774709648926 LCU