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

PPP conversion factor (GDP) to market exchange rate ratio in Nicaragua was at 0.4013 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 nicaragua 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.


Nicaragua | Economy & Growth

GDP (current $)
11805641287
GDP (current US$)
12692562187 USD
GDP (current LCU)
345958629032 LCU
GDP (constant 2000 US$)
11245854069 USD
GDP (constant LCU)
166686810321 LCU
GNI (current US$)
12351154574 USD
GNI (current LCU)
336652949984 LCU
GNI (constant 2000 US$)
10931015524 USD
GNI (constant LCU)
161724147056 LCU
Gross savings (current LCU)
81051527350 LCU