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

PPP conversion factor (GDP) to market exchange rate ratio in South Africa was at 0.43335 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south africa 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.


South Africa | Economy & Growth

GDP (current US$)
314571945857 USD
GDP (current LCU)
4013592000000 LCU
GDP (constant 2000 US$)
417307545211 USD
GDP (constant LCU)
3055192000000 LCU
GNI (current US$)
306705593742 USD
GNI (current LCU)
3913226000000 LCU
GNI (constant 2000 US$)
406801643737 USD
GNI (constant LCU)
2978276194125 LCU
Gross savings (current US$)
51534368089 USD
Gross savings (current LCU)
657521849009 LCU