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Mexico: PPP conversion factor (GDP) to market exchange rate ratio

The data set PPP conversion factor to market exchange rate ratio for Mexico contains data from the year 1990 to 2021.

In Mexico in the year 2021 0.51

Definition: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Survey by: Weltbank
Database: World Development Indicators
Source: http://data.worldbank.org/indicator/PA.NUS.PPPC.RF

All countries: PPP conversion factor (GDP) to market exchange rate ratio

Land PPP conversion factor (GDP) to market exchange rate ratio
Bermuda 1.29
Switzerland 1.21
Israel 1.18
Iceland 1.18
Cayman Islands 1.17
Barbados 1.14
Norway 1.11
Australia 1.08
Denmark 1.05
Tuvalu 1.04
New Zealand 1.04
Turks and Caicos Islands 1.03
Sweden 1.02
Luxembourg 1.02
United States 1
Canada 0.99
Micronesia, Federated States of 0.98
Vanuatu 0.98
Finland 0.98
Marshall Islands 0.94
All data sets...

Compare Mexico with another country: PPP conversion factor (GDP) to market exchange rate ratio

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More data for Mexico

We have 26,659 record for Mexico in our database. Here is a selection of records for Mexico.

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