Canada vs Dominica: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Canada
- Dominica
How they compare
Dominica currently reports 1.31 LCU per international $ against 1.17 LCU per international $ in Canada, a difference of 0.1396 LCU per international $.
That makes Dominica's figure about 1.1 times Canada's.
Across all 36 years both countries report, Dominica has been ahead every year.
Globally, Canada ranks 146th and Dominica ranks 143rd 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.