Libya vs Qatar: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Libya
- Qatar
How they compare
Libya currently reports 2.07 LCU per international $ against 2.05 LCU per international $ in Qatar, a difference of 0.0224 LCU per international $.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Qatar ahead.
Globally, Libya ranks 122nd and Qatar ranks 123rd 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.