Kiribati vs United States: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Kiribati
- United States
How they compare
Kiribati currently reports 1.01 LCU per international $ against 1 LCU per international $ in United States, a difference of 0.0088 LCU per international $.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was United States ahead.
Globally, Kiribati ranks 149th and United States ranks 150th 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.