Iraq vs Rwanda: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Iraq
- Rwanda
How they compare
Iraq currently reports 492.93 LCU per international $ against 385.46 LCU per international $ in Rwanda, a difference of 107.47 LCU per international $.
That makes Iraq's figure about 1.3 times Rwanda's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Rwanda ahead.
Globally, Iraq ranks 24th and Rwanda ranks 26th 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.