Statizoid

Latvia vs Liberia: PPP conversion factor, GDP

Latvia
0.5047 LCU per international $
in 2025
Liberia
0.462 LCU per international $
in 2025
Latvia rank
188th
Liberia rank
191st

PPP conversion factor, GDP over time

  • Latvia
  • Liberia
00.20.40.6199020072025

How they compare

Latvia currently reports 0.5047 LCU per international $ against 0.462 LCU per international $ in Liberia, a difference of 0.0427 LCU per international $.

That makes Latvia's figure about 1.1 times Liberia's.

The two have swapped places 3 times across 36 shared years of data; in 1990 it was Liberia ahead.

Globally, Latvia ranks 188th and Liberia ranks 191st of 204 countries.

Individual pages

About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 7,042 data points, 1990–2025
Last refreshed

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.