Algeria vs Bangladesh: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Algeria
- Bangladesh
How they compare
Algeria currently reports 42.85 LCU per international $ against 30.92 LCU per international $ in Bangladesh, a difference of 11.93 LCU per international $.
That makes Algeria's figure about 1.4 times Bangladesh's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Bangladesh ahead.
Globally, Algeria ranks 62nd and Bangladesh ranks 65th 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.