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

PPP conversion factor (GDP) to market exchange rate ratio in United Kingdom was at 1.0509 in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 united kingdom 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.


United Kingdom | Economy & Growth

GDP (current US$)
2861090726740 USD
GDP (current LCU)
1872714000000 LCU
GDP (constant 2000 US$)
2682177102132 USD
GDP (constant LCU)
1735905020500 LCU
GNI (current US$)
2821761144871 USD
GNI (current LCU)
1846971000000 LCU
GNI (constant 2000 US$)
2644830196423 USD
GNI (constant LCU)
1711730878781 LCU
Gross savings (current US$)
369030462814 USD
Gross savings (current LCU)
241547221023 LCU