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

PPP conversion factor (GDP) to market exchange rate ratio in Ecuador was at 0.54079, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 ecuador 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.


Ecuador | Economy & Growth

GDP (current $)
100917372000
GDP (constant 2005 $)
60569639411
GDP (current US$)
100176808000 USD
GDP (current LCU)
100176808000 LCU
GDP (constant 2000 US$)
86639458058 USD
GDP (constant LCU)
70353852000 LCU
GNI (current US$)
98431861837 USD
GNI (current LCU)
98431861837 LCU
GNI (constant 2000 US$)
85157437512 USD
GNI (constant LCU)
69149923631 LCU
Gross savings (current US$)
24242148067 USD
Gross savings (current LCU)
24242148067 LCU