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

PPP conversion factor (GDP) to market exchange rate ratio in Thailand was at 0.35586 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 thailand 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.


Thailand | Economy & Growth

GDP (current US$)
395168025882 USD
GDP (current LCU)
13533596000000 LCU
GDP (constant 2000 US$)
392474592368 USD
GDP (constant LCU)
9472101000000 LCU
GNI (current US$)
375319860896 USD
GNI (current LCU)
12853842000000 LCU
GNI (constant 2000 US$)
372054394623 USD
GNI (constant LCU)
8975775037007 LCU
Gross savings (current US$)
126878653791 USD
Gross savings (current LCU)
4345302071443 LCU