Statizoid

Faroe Islands vs Solomon Islands: PPP conversion factor, GDP

Faroe Islands
6.23 LCU per international $
in 2024
Solomon Islands
6.23 LCU per international $
in 2025
Faroe Islands rank
100th
Solomon Islands rank
99th

PPP conversion factor, GDP over time

  • Faroe Islands
  • Solomon Islands
2468199020072025

How they compare

Solomon Islands currently reports 6.23 LCU per international $ against 6.23 LCU per international $ in Faroe Islands, a difference of 0.0018 LCU per international $.

The two have swapped places 4 times across 17 shared years of data; in 2008 it was Faroe Islands ahead.

Globally, Faroe Islands ranks 100th and Solomon Islands ranks 99th 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.