Palau vs Singapore: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Palau
- Singapore
How they compare
Palau currently reports 0.8473 LCU per international $ against 0.7909 LCU per international $ in Singapore, a difference of 0.0564 LCU per international $.
That makes Palau's figure about 1.1 times Singapore's.
The two have swapped places 5 times across 36 shared years of data; in 1990 it was Singapore ahead.
Globally, Palau ranks 162nd and Singapore ranks 164th 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.