Ethiopia - Purchasing power parity conversion factor for private consumption

19.2 (LCU per international dollars) in 2022

In 2022, PPP for private consumption for Ethiopia was 19.2 LCU per international dollars. PPP for private consumption of Ethiopia increased from 2 LCU per international dollars in 2003 to 19.2 LCU per international dollars in 2022 growing at an average annual rate of 12.99%.

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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 Ethiopia PPP for private consumption?