Jamaica vs Vanuatu: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Jamaica
- Vanuatu
How they compare
Vanuatu currently reports 107.39 LCU per international $ against 95.8 LCU per international $ in Jamaica, a difference of 11.59 LCU per international $.
That makes Vanuatu's figure about 1.1 times Jamaica's.
Across all 36 years both countries report, Vanuatu has been ahead every year.
Globally, Jamaica ranks 53rd and Vanuatu ranks 51st of 204 countries.
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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.