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

PPP conversion factor (GDP) to market exchange rate ratio in Gambia was at 0.28073 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 gambia 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.


Gambia | Economy & Growth

GDP (current US$)
938794719 USD
GDP (current LCU)
39904596100 LCU
GDP (constant 2000 US$)
1067687903 USD
GDP (constant LCU)
24251196000 LCU
GNI (current US$)
820322625 USD
GNI (current LCU)
34234524100 LCU
GNI (constant 2000 US$)
982267102 USD
GNI (constant LCU)
22310948691 LCU