China PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
China's ppp conversion factor was 3.40 in 2025, ranked 109th globally. This represents a 3.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
China's ppp conversion factor stood at 3.40 in 2025, a decline of +0.13 from 2024. Based on recent trends, this figure is projected to reach 3.40 by 2025. China ranked 109th globally.
China's PPP (Purchasing Power Parity) Conversion Factor has experienced significant fluctuations over the past three and a half decades. Starting at a low of 1.68 in 1990, the indicator increased steadily, peaking at 4.09 in 2018, before declining to 3.40 in 2025. This trajectory is comparable to that of Trinidad and Tobago, which ranked slightly higher with a 2025 value of 3.48. The decline in China's PPP Conversion Factor may be attributed to various factors, including changing economic dynamics and shifting global market conditions. The indicator's trough in 1990 coincided with China's early stages of economic reform, while its peak in 2018 occurred as the country transitioned towards a more service-oriented economy. As China continues to navigate its economic trajectory, a significant shift in its industrial structure or a major increase in its labor costs could impact its PPP Conversion Factor in the years to come.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.14 | - | - |
| 2026* trend | 3.27 | - | - |
| 2025* trend | 3.40 | - | - |
| 2025 | 3.40 | −0.13 | #109 |
| 2024 | 3.53 | −0.11 | #86 |
| 2023 | 3.64 | −0.15 | #92 |
| 2022 | 3.79 | −0.19 | #93 |
| 2021 | 3.99 | −0.03 | #97 |
| 2020 | 4.01 | −0.04 | #97 |
| 2019 | 4.06 | −0.03 | #97 |
| 2018 | 4.09 | +0.05 | #96 |
| 2017 | 4.04 | +0.17 | #98 |
| 2016 | 3.87 | +0.09 | #99 |
| 2015 | 3.78 | +0.09 | #99 |
| 2014 | 3.69 | +0.07 | #100 |
| 2013 | 3.62 | +0.08 | #100 |
| 2012 | 3.54 | +0.02 | #100 |
| 2011 | 3.52 | +0.19 | #101 |
Detected Pattern
Analysis
China matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
China's ppp conversion factor was 3.40 in 2025. Ranked 109th globally. This represents a 3.7% decrease from the previous year.
China's ppp conversion factor peaked at 4.09 in 2018.
The lowest ppp conversion factor in China was 1.68 in 1990.
China ranks 109th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
China's ppp conversion factor is projected to reach 3.40 by 2025 based on trend extrapolation.
The ppp conversion factor of China in 2025 was 3.40. This ranks 109th in the world.
Cite this page
@misc{historysaid_china_ppp-conversion-factor,
title = {China PPP Conversion Factor},
url = {https://historysaid.com/china/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}