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

PPP conversion factor (GDP) to market exchange rate ratio in Tanzania was at 0.3289, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 tanzania 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.


Tanzania | Economy & Growth

GDP (current US$)
45628247290 USD
GDP (current LCU)
90863681000000 LCU
GDP (constant 2000 US$)
43728244107 USD
GDP (constant LCU)
44100809000000 LCU
GNI (current US$)
44867270135 USD
GNI (current LCU)
89348277942200 LCU
GNI (constant 2000 US$)
42999465269 USD
GNI (constant LCU)
43360291266998 LCU
Gross savings (current US$)
10287652721 USD
Gross savings (current LCU)
20486739039727 LCU