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

PPP conversion factor (GDP) to market exchange rate ratio in South Korea was last measured at 0.81 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 South Korea.



 south korea ppp conversion factor gdp to market exchange rate ratio wb data




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SOUTH KOREA | Purchasing power parity
 1990200020102014 
Household final consumption expenditure; PPP (US dollar) in South Korea 183333716675.0400817797844.7657418278644.0817313335543.5 [+]
Household final consumption expenditure; PPP (constant 2005 international dollar) in South Korea 261938835794.5440129964796.1597900200666.0787177497478.6 [+]
GDP; PPP (US dollar) in South Korea 350992796515.2808403800304.01422886662602.41732351775501.2 [+]
GDP; PPP (constant 2005 international dollar) in South Korea 487962494034.4880479822889.91322905190533.01695724678607.6 [+]
GDP per capita; PPP (US dollar) in South Korea 8187.617197.228797.534355.7 [+]
GDP per capita; PPP (constant 2005 international dollar) in South Korea 11382.618730.426774.033629.4 [+]
GNI; PPP (US dollar) in South Korea 350746694634.1804280007668.41424679225262.71745784553870.8 [+]
GNI per capita; PPP (US dollar) in South Korea 8180.017110.028830.034620.0 [+]
PPP conversion factor; GDP (LCU per international dollar) in South Korea 531.9746.2824.6857.3 [+]
PPP conversion factor (GDP) to market exchange rate ratio in South Korea 0.80.70.70.8 [+]