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

PPP conversion factor (GDP) to market exchange rate ratio in Cyprus was at 0.73163, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 cyprus 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.


Cyprus | Economy & Growth

GDP (current US$)
19559942331 USD
GDP (current LCU)
17637200000 LCU
GDP (constant 2000 US$)
23384744860 USD
GDP (constant LCU)
15579400000 LCU
GNI (current US$)
19490011610 USD
GNI (current LCU)
17574143468 LCU
GNI (constant 2000 US$)
23304172688 USD
GNI (constant LCU)
15523918201 LCU