Portugal vs Spain: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Portugal
- Spain
How they compare
Spain currently reports 0.571 LCU per international $ against 0.5342 LCU per international $ in Portugal, a difference of 0.0368 LCU per international $.
That makes Spain's figure about 1.1 times Portugal's.
Across all 36 years both countries report, Spain has been ahead every year.
Globally, Portugal ranks 184th and Spain ranks 182nd 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.