Albania vs Algeria: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Albania
- Algeria
How they compare
Algeria currently reports 42.85 LCU per international $ against 39.98 LCU per international $ in Albania, a difference of 2.87 LCU per international $.
That makes Algeria's figure about 1.1 times Albania's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Algeria ahead.
Globally, Albania ranks 63rd and Algeria ranks 62nd of 204 countries.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.