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

PPP conversion factor (GDP) to market exchange rate ratio in Madagascar was at 0.27423 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 madagascar 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.


Madagascar | Economy & Growth

GDP (current US$)
9738652322 USD
GDP (current LCU)
28568417417909 LCU
GDP (constant 2000 US$)
9934660186 USD
GDP (constant LCU)
683006625389 LCU
GNI (current US$)
9362686491 USD
GNI (current LCU)
27465518531635 LCU
GNI (constant 2000 US$)
9566979415 USD
GNI (constant LCU)
658111326980 LCU
Gross savings (current LCU)
1011415127465 LCU