Nepal vs Russia: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Nepal
- Russia
How they compare
Nepal currently reports 33.9 LCU per international $ against 29.61 LCU per international $ in Russia, a difference of 4.29 LCU per international $.
That makes Nepal's figure about 1.1 times Russia's.
Across all 36 years both countries report, Nepal has been ahead every year.
Globally, Nepal ranks 64th and Russia ranks 67th 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.