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Purchasing power parity conversion factor for gross domestic product

(LCU per international dollars)

Viet Nam is the top country by purchasing power parity in the world. As of 2018, purchasing power parity in Viet Nam was 7,792.7 LCU per international dollars that accounts for 18.40% of the world's purchasing power parity. The top 5 countries (others are Indonesia, Guinea, Lao People’s Democratic Republic, and Sierra Leone) account for 48.53% of it. The world's total purchasing power parity was estimated at 42,357.5 LCU per international dollars in 2018.

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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.

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