Bosnia and Herzegovina - Purchasing power parity conversion factor for private consumption

0.8 (LCU per international dollars) in 2022

In 2022, PPP for private consumption for Bosnia and Herzegovina was 0.8 LCU per international dollars. Between 2008 and 2022, PPP for private consumption of Bosnia and Herzegovina was declining at a moderating rate to shrink from 0.9 LCU per international dollars in 2008 to 0.8 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 Bosnia and Herzegovina PPP for private consumption?