Sao Tome and Principe - Purchasing power parity conversion factor for private consumption

14.7 (LCU per international dollars) in 2022

In 2022, PPP for private consumption for Sao Tome and Principe was 14.7 LCU per international dollars. PPP for private consumption of Sao Tome and Principe increased from 3.3 LCU per international dollars in 2003 to 14.7 LCU per international dollars in 2022 growing at an average annual rate of 8.41%.

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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 Sao Tome and Principe PPP for private consumption?