Cuba PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Cuba's ppp conversion factor was 0.32 in 2011, ranked 7th globally. Data from World Bank, covering 2011–2011.
Overview
Cuba's ppp conversion factor stood at 0.32 in 2011. Cuba ranked 7th globally.
Cuba's PPP Conversion Factor stood at 0.32 in 2011, ranking the country seventh globally, according to the World Bank. Notably, this value remained consistent throughout the available data period, indicating a stable economic environment. A comparison with peer countries reveals that Cuba's factor was higher than that of Jordan, which ranked lower at 0.29, but lower than Kosovo's 0.33. In contrast, Belarus lagged significantly behind with a value of 0.20, while Montenegro's 0.36 ranked higher. The consistent PPP Conversion Factor suggests that Cuba's GDP has maintained a relatively stable purchasing power parity, despite potential fluctuations in real GDP growth. To alter this trajectory, significant structural reforms and investments in the domestic economy would be required, potentially driven by shifts in the global economy or policy changes within the country.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2011 | 0.32 | – | #7 |
Analysis
Cuba's ppp conversion factor was 0.32 in 2011.
Frequently Asked Questions
Cuba's ppp conversion factor was 0.32 in 2011. Ranked 7th globally.
Cuba's ppp conversion factor peaked at 0.32 in 2011.
The lowest ppp conversion factor in Cuba was 0.32 in 2011.
Cuba ranks 7th globally in ppp conversion factor as of 2011.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
The ppp conversion factor of Cuba in 2011 was 0.32. This ranks 7th in the world.
Cite this page
@misc{historysaid_cuba_ppp-conversion-factor,
title = {Cuba PPP Conversion Factor},
url = {https://historysaid.com/cuba/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}