PPP conversion factor, GDP in San Marino
San Marino: PPP conversion factor, GDP was 0.7026 LCU per international $ in 2023. ▼ Falling
PPP conversion factor, GDP in San Marino, 1997–2023
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in San Marino is 0.7026 LCU per international $, measured in 2023.
Compared with earlier readings it is up 3.5% on the previous year and down 6.8% over ten years.
Over the whole period, ppp conversion factor, gdp in San Marino peaked at 0.7711 LCU per international $ in 2003 and was at its lowest, 0.6787 LCU per international $, in 2022.
San Marino ranks 172nd of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7533 LCU per international $ | 0.7494 LCU per international $ | 0.7557 LCU per international $ | 3 |
| 2000s | 0.7481 LCU per international $ | 0.7132 LCU per international $ | 0.7711 LCU per international $ | 10 |
| 2010s | 0.7378 LCU per international $ | 0.7103 LCU per international $ | 0.7625 LCU per international $ | 10 |
| 2020s | 0.6983 LCU per international $ | 0.6787 LCU per international $ | 0.7074 LCU per international $ | 4 |
Countries ranked near San Marino
- 169 Austria 0.7254 LCU per international $ compare
- 170 Belgium 0.7199 LCU per international $ compare
- 171 Germany 0.71 LCU per international $ compare
- 173 Bosnia and Herzegovina 0.6976 LCU per international $ compare
- 174 France 0.6776 LCU per international $ compare
- 175 United Kingdom 0.6771 LCU per international $ compare
More economy & growth data for San Marino
- Gross fixed capital formation 294.14 million constant 2015 US$ (2023)
- Exports of goods and services 3.49 billion current LCU (2023)
- Exports of goods and services 3.25 billion constant 2015 US$ (2023)
- Exports of goods and services -5.4% (2023)
- Services, value added 988.74 million constant 2015 US$ (2023)
- Exports of goods and services 186.0% (2023)
- Gross fixed capital formation 342.26 million current US$ (2023)
- Gross fixed capital formation 316.53 million current LCU (2023)
- Changes in inventories -5.62 million current LCU (2023)
- Changes in inventories -6.08 million current US$ (2023)
Frequently asked questions
- What is ppp conversion factor, gdp in San Marino?
- Ppp conversion factor, gdp in San Marino was 0.7026 LCU per international $ in 2023, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in San Marino?
- The highest recorded value was 0.7711 LCU per international $ in 2003.
- What is the lowest ppp conversion factor, gdp recorded in San Marino?
- The lowest recorded value was 0.6787 LCU per international $ in 2022.
- How does San Marino rank for ppp conversion factor, gdp?
- San Marino ranks 172nd out of 204 countries with data for 2023.
- Is ppp conversion factor, gdp rising or falling in San Marino?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
- Where does this San Marino data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.