Benin - Purchasing power parity conversion factor for private consumption

195.1 (LCU per international dollars) in 2022

In 2022, PPP for private consumption for Benin was 195.1 LCU per international dollars. PPP for private consumption of Benin fell gradually from 215.8 LCU per international dollars in 2003 to 195.1 LCU per international dollars in 2022.

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What is PPP for private consumption?

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 private consumption (i.e., household final consumption expenditure).

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What is Benin PPP for private consumption?