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

PPP conversion factor (GDP) to market exchange rate ratio in Macedonia was at 0.34474 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 macedonia 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.


Macedonia | Economy & Growth

Stock Markets, US$
60.51 USD
GDP (current US$)
10086021261 USD
GDP (current LCU)
560148371400 LCU
GDP (constant 2000 US$)
10587298397 USD
GDP (constant LCU)
422111292200 LCU
GNI (current US$)
9839843841 USD
GNI (current LCU)
546476391400 LCU
GNI (constant 2000 US$)
10326284341 USD
GNI (constant LCU)
411785419480 LCU
Gross savings (current LCU)
171178254378 LCU