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In 2018, purchasing power parity for Ethiopia was 10 LCU per international dollars. Over the last 20 years, purchasing power parity of Ethiopia grew substantially from 1.9 to 10 LCU per international dollars rising at an increasing annual rate that reached a maximum of 31.03 % in 2012 and then decreased to 10.04 % in 2018.The description is composed by our digital data assistant.
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.