Bahrain vs Oman: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Bahrain
- Oman
How they compare
Oman currently reports 0.1813 LCU per international $ against 0.162 LCU per international $ in Bahrain, a difference of 0.0193 LCU per international $.
That makes Oman's figure about 1.1 times Bahrain's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Bahrain ahead.
Globally, Bahrain ranks 203rd and Oman ranks 201st of 204 countries.
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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.