Mexico - Purchasing power parity conversion factor for gross domestic product

9.7 (LCU per international dollars) in 2022

In 2022, purchasing power parity for Mexico was 9.7 LCU per international dollars. Purchasing power parity of Mexico increased from 6.6 LCU per international dollars in 2003 to 9.7 LCU per international dollars in 2022 growing at an average annual rate of 2.02%.

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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.