Guinea vs Laos: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Guinea
- Laos
How they compare
Laos currently reports 4,577 LCU per international $ against 3,286 LCU per international $ in Guinea, a difference of 1,291 LCU per international $.
That makes Laos's figure about 1.4 times Guinea's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Guinea ahead.
Globally, Guinea ranks 8th and Laos ranks 6th 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.