Namibia vs Solomon Islands: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Namibia
- Solomon Islands
How they compare
Namibia currently reports 7.28 LCU per international $ against 6.23 LCU per international $ in Solomon Islands, a difference of 1.05 LCU per international $.
That makes Namibia's figure about 1.2 times Solomon Islands's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Solomon Islands ahead.
Globally, Namibia ranks 98th and Solomon Islands ranks 99th 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.