Luxembourg vs United States Virgin Islands: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Luxembourg
- United States Virgin Islands
How they compare
United States Virgin Islands currently reports 0.8902 LCU per international $ against 0.8325 LCU per international $ in Luxembourg, a difference of 0.0578 LCU per international $.
That makes United States Virgin Islands's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 21 shared years of data; in 2002 it was Luxembourg ahead.
Globally, Luxembourg ranks 163rd and United States Virgin Islands ranks 161st 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.