British Virgin Islands PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
British Virgin Islands's ppp conversion factor was 1.02 in 2017, ranked 56th globally. This represents a 3.4% decrease from 2016. Data from World Bank, covering 2011–2017.
Overview
British Virgin Islands's ppp conversion factor stood at 1.02 in 2017, a decline of +0.04 from 2016. British Virgin Islands ranked 56th globally.
The British Virgin Islands' PPP Conversion Factor, a measure of the ratio of the country's gross domestic product in purchasing power parity terms to its GDP in market exchange rates, has shown a fluctuating trend over the past seven years. The indicator peaked at 1.09 in 2012, before declining to its lowest point of 1.02 in 2017, a position it shares with the United States. This decline suggests that the country's GDP in purchasing power parity terms has not kept pace with the market exchange rate, resulting in a lower PPP conversion factor. A comparison with peer countries reveals that the British Virgin Islands' PPP Conversion Factor lags behind Switzerland's 1.19, while the Virgin Islands (US) maintains a higher value of 1.04. With the global economy continuing to evolve, a shift in the country's economic structure or a change in the global market could potentially alter the trajectory of the PPP Conversion Factor, potentially leading to a reversal of the decline seen in recent years.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2017 | 1.02 | −0.04 | #56 |
| 2016 | 1.06 | −0.02 | #57 |
| 2015 | 1.07 | +0.01 | #57 |
| 2014 | 1.06 | −0.01 | #58 |
| 2013 | 1.08 | −0.01 | #60 |
| 2012 | 1.09 | +0.06 | #57 |
| 2011 | 1.03 | – | #60 |
Analysis
British Virgin Islands's ppp conversion factor was 1.02 in 2017, a decline of −0.04 from 2016.
Frequently Asked Questions
British Virgin Islands's ppp conversion factor was 1.02 in 2017. Ranked 56th globally. This represents a 3.4% decrease from the previous year.
British Virgin Islands's ppp conversion factor peaked at 1.09 in 2012.
The lowest ppp conversion factor in British Virgin Islands was 1.02 in 2017.
British Virgin Islands ranks 56th globally in ppp conversion factor as of 2017.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
The ppp conversion factor of British Virgin Islands in 2017 was 1.02. This ranks 56th in the world.
Cite this page
@misc{historysaid_british-virgin-islands_ppp-conversion-factor,
title = {British Virgin Islands PPP Conversion Factor},
url = {https://historysaid.com/british-virgin-islands/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}