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

PPP conversion factor (GDP) to market exchange rate ratio in Saudi Arabia was at 0.38256, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 saudi arabia 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.


Saudi Arabia | Economy & Growth

GDP (current US$)
646001866667 USD
GDP (current LCU)
2422507000000 LCU
GDP (constant 2000 US$)
672213866667 USD
GDP (constant LCU)
2520802000000 LCU
GNI (current US$)
661666866667 USD
GNI (current LCU)
2481250750000 LCU
GNI (constant 2000 US$)
685892133031 USD
GNI (constant LCU)
2572095498867 LCU
Gross savings (current US$)
162307385333 USD
Gross savings (current LCU)
608652695000 LCU