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

PPP conversion factor (GDP) to market exchange rate ratio in Singapore was at 0.61943 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 singapore 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.


Singapore | Economy & Growth

GDP (current US$)
292739307536 USD
GDP (current LCU)
402458000000 LCU
GDP (constant 2000 US$)
287017968464 USD
GDP (constant LCU)
391349000000 LCU
GNI (current US$)
278938307536 USD
GNI (current LCU)
383484385200 LCU
GNI (constant 2000 US$)
273801463225 USD
GNI (constant LCU)
373328295107 LCU
Gross savings (current US$)
131849385125 USD
Gross savings (current LCU)
181266534670 LCU