Luxembourg vs Puerto Rico: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Luxembourg
- Puerto Rico
How they compare
Luxembourg currently reports 0.8325 LCU per international $ against 0.7782 LCU per international $ in Puerto Rico, a difference of 0.0542 LCU per international $.
That makes Luxembourg's figure about 1.1 times Puerto Rico's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Luxembourg ahead.
Globally, Luxembourg ranks 163rd and Puerto Rico ranks 165th 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.