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

PPP conversion factor (GDP) to market exchange rate ratio in Dominican Republic was at 0.45434, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 dominican republic 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.


Dominican Republic | Economy & Growth

GDP (current $)
64137819040
GDP (constant 2005 $)
54626878957
GDP (current US$)
68102618092 USD
GDP (current LCU)
3068138719500 LCU
GDP (constant 2000 US$)
68989328535 USD
GDP (constant LCU)
2104464253700 LCU
GNI (current US$)
65057949416 USD
GNI (current LCU)
2930971219700 LCU
GNI (constant 2000 US$)
65881027712 USD
GNI (constant LCU)
2009536269609 LCU
Gross savings (current US$)
14599017410 USD
Gross savings (current LCU)
657710552650 LCU