Purchasing power parity conversion factor for gross domestic product

(LCU per international dollars)

Iran is the top country by purchasing power parity in the world. As of 2022, purchasing power parity in Iran was 64,529.2 LCU per international dollars that accounts for 54.94% of the world's purchasing power parity. The top 5 countries (others are Somalia, Viet Nam, Indonesia, and Guinea) account for 76.62% of it. The world's total purchasing power parity was estimated at 117,461.8 LCU per international dollars in 2022.

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What is purchasing power parity?

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.