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

PPP conversion factor (GDP) to market exchange rate ratio in Mexico was at 0.53007 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 mexico 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.


Mexico | Economy & Growth

GDP (current $)
1294689733233
GDP (constant 2005 $)
1068524572517
Stock Markets, US$
96.45 USD
GDP (current US$)
1143793184190 USD
GDP (current LCU)
18127177521000 LCU
GDP (constant 2000 US$)
1208009534812 USD
GDP (constant LCU)
14110099260000 LCU
GNI (current US$)
1135344037657 USD
GNI (current LCU)
17993272912000 LCU
GNI (constant 2000 US$)
1199494236872 USD
GNI (constant LCU)
14009425474515 LCU
Gross savings (current US$)
251633322687 USD
Gross savings (current LCU)
3987960387937 LCU