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

PPP conversion factor (GDP) to market exchange rate ratio in Turkey was at 0.45608, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 turkey 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.


Turkey | Economy & Growth

GDP (current US$)
717879788567 USD
GDP (current LCU)
1952638409000 LCU
GDP (constant 2000 US$)
906443161883 USD
GDP (constant LCU)
131272702000 LCU
GNI (current US$)
708354788567 USD
GNI (current LCU)
1926730337562 LCU
GNI (constant 2000 US$)
894485604378 USD
GNI (constant LCU)
129558822789 LCU
Gross savings (current US$)
101222722470 USD
Gross savings (current LCU)
275326564288 LCU