Indonesia vs Laos: DEC alternative conversion factor
DEC alternative conversion factor over time
- Indonesia
- Laos
How they compare
Laos currently reports 20,444 LCU per US$ against 16,478 LCU per US$ in Indonesia, a difference of 3,966 LCU per US$.
That makes Laos's figure about 1.2 times Indonesia's.
The two have swapped places 3 times across 59 shared years of data; in 1967 it was Indonesia ahead.
Globally, Indonesia ranks 6th and Laos ranks 5th of 214 countries.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.