Gambia vs Philippines: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Gambia
- Philippines
How they compare
Philippines currently reports 19.07 LCU per international $ against 17.79 LCU per international $ in Gambia, a difference of 1.28 LCU per international $.
That makes Philippines's figure about 1.1 times Gambia's.
Across all 36 years both countries report, Philippines has been ahead every year.
Globally, Gambia ranks 76th and Philippines ranks 75th 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.