Lebanon vs Somalia: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Lebanon
- Somalia
How they compare
Lebanon currently reports 33,594 LCU per international $ against 12,116 LCU per international $ in Somalia, a difference of 21,478 LCU per international $.
That makes Lebanon's figure about 2.8 times Somalia's.
The two have swapped places 1 time across 35 shared years of data; in 1990 it was Somalia ahead.
Globally, Lebanon ranks 2nd and Somalia ranks 3rd 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.