🇨🇳 China PPP conversion factor, GDP (LCU per international $) — Historical Data

World Bank data • 1990202435 data pointsEconomy & Growth

Latest Value
3.53
2024
Year-on-Year
-3.1%
vs 2023
10-Year Average
3.88
20152024
Range
4.09 (2018)
1.68 (1990)

China PPP conversion factor, GDP (LCU per international $)1990 to 2024

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About this Indicator

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.

Historical Data Table

YearValue
20243.53
20233.64
20223.79
20213.99
20204.01
20194.06
20184.09
20174.04
20163.87
20153.78

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