World Bank PPP Conversion Factors

Provides the Purchasing Power Parity (PPP) conversion factor for Gross Domestic Product (GDP). This crucial macroeconomic indicator represents the number of units of a nation's local currency required to buy the equivalent amounts of goods and services in the domestic market that one U.S. dollar would purchase in the United States. The underlying figures are sourced from the World Bank's International Comparison Program database.

The dataset is structured across six primary columns: Country, Country Code, Indicator Name, Indicator Code, Year, and PPP. The key metric, the PPP conversion factor, is labelled as GDP (LCU per international $).

The raw data is generally provided in CSV format, with the file size currently measured at approximately 553.85 kB. The structure contains 5,692 total values. It is important to note that specific data points for the Indicator Code, Year, and PPP fields show a very high percentage of missing values across these records.

This data is essential for accurate economic modelling and cross-country comparisons of economic metrics, such as GDP adjusted for price level differences. It is ideally used in financial analysis, international trade studies, and assessing the relative valuation of global currencies against the U.S. dollar.

The dataset includes geographical information for 262 unique countries and regions. Data availability concerning the time range is limited in the provided structure, as the 'Year' column records a significant number of missing values.

Attribution 4.0 International (CC BY 4.0)

Intended users include financial analysts requiring reliable currency adjustment factors, academic researchers focused on global economic equity, and governmental bodies performing comparative analysis of national economies.

Original Data Source: World Bank PPP Conversion Factors