PPP conversion factor (GDP) to market exchange rate ratio in Norway

PPP conversion factor (GDP) to market exchange rate ratio in Norway was last measured at 1.50 in 2014, according to the World Bank. 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. This page has the latest recorded value, an historical data chart and related indicators for PPP conversion factor (GDP) to market exchange rate ratio in Norway.



 norway ppp conversion factor gdp to market exchange rate ratio wb data




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NORWAY | Purchasing power parity
 1990200020102014 
Household final consumption expenditure; PPP (US dollar) in Norway 37168613400.464088730635.0111922193028.2128789509284.7 [+]
Household final consumption expenditure; PPP (constant 2005 international dollar) in Norway 50986754337.271338024660.899717044491.4123675165441.8 [+]
GDP; PPP (US dollar) in Norway 75860623092.4162289420081.9279801821219.9333321557988.2 [+]
GDP; PPP (constant 2005 international dollar) in Norway 136225878571.6197489368184.0229334264793.4328839463510.2 [+]
GDP per capita; PPP (US dollar) in Norway 17885.336136.957227.964893.1 [+]
GDP per capita; PPP (constant 2005 international dollar) in Norway 32117.443974.846905.864020.5 [+]
GNI; PPP (US dollar) in Norway 73699149534.5160100240391.7283152378018.3338848178747.2 [+]
GNI per capita; PPP (US dollar) in Norway 17380.035650.057910.065970.0 [+]
PPP conversion factor; GDP (LCU per international dollar) in Norway 9.79.19.09.5 [+]
PPP conversion factor (GDP) to market exchange rate ratio in Norway 1.61.01.51.5 [+]