Purchasing power parity conversion factor for gross domestic product

22.9 (LCU per international dollars) in 2022

In 2022, purchasing power parity for Dominican Republic was 22.9 LCU per international dollars. Purchasing power parity of Dominican Republic increased from 10 LCU per international dollars in 2003 to 22.9 LCU per international dollars in 2022 growing at an average annual rate of 4.78%.

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Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.

Date Value Change, %
2022 22.9 3.43%
2021 22.1 4.22%
2020 21.2 -0.03%
2019 21.2 -2.09%
2018 21.7 3.69%
2017 20.9 3.25%
2016 20.3 -2.11%
2015 20.7 -1.51%
2014 21.0 1.70%
2013 20.7 2.89%
2012 20.1 5.81%
2011 19.0