Statizoid

Eritrea vs Greenland: PPP conversion factor, GDP

Eritrea
4.94 LCU per international $
in 2021
Greenland
5.11 LCU per international $
in 2023
Eritrea rank
108th
Greenland rank
106th

PPP conversion factor, GDP over time

  • Eritrea
  • Greenland
246199020062023

How they compare

Greenland currently reports 5.11 LCU per international $ against 4.94 LCU per international $ in Eritrea, a difference of 0.1694 LCU per international $.

The two have swapped places 2 times across 30 shared years of data; in 1992 it was Greenland ahead.

Globally, Eritrea ranks 108th and Greenland ranks 106th of 204 countries.

Individual pages

About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 7,042 data points, 1990–2025
Last refreshed

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.