Greece PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Greece's ppp conversion factor was 0.50 in 2025, ranked 185th globally. This represents a 2.6% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Greece's ppp conversion factor stood at 0.50 in 2025, a decline of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.50 by 2025. Greece ranked 185th globally.
Greece’s purchasing power parity (PPP) conversion factor stood at 0.50 in 2025, placing it at rank 185 globally and matching the levels of the Slovak Republic, Portugal and Latvia. The indicator, which measures the relative price of a basket of goods and services compared with the United States, has risen from an all‑time trough of 0.34 in 1990 to a peak of 0.72 in 2010, before settling at the current midpoint after 36 years of coverage. The sharp increase through the early 2000s reflected Greece’s integration into the euro area and the accompanying convergence of price levels, while the post‑crisis decline mirrored austerity measures and reduced domestic demand. Despite the recent stabilization at 0.50, the factor remains well below the 2010 high, suggesting that price differentials with the United States have widened again. Future movements will hinge on inflation dynamics, structural reforms and the trajectory of real wages, which could either lift the conversion factor toward its previous peak or keep it anchored at the present level.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.49 | - | - |
| 2026* trend | 0.50 | - | - |
| 2025* trend | 0.50 | - | - |
| 2025 | 0.50 | −0.01 | #185 |
| 2024 | 0.52 | +0.01 | #18 |
| 2023 | 0.51 | +0.00 | #16 |
| 2022 | 0.50 | −0.02 | #17 |
| 2021 | 0.52 | −0.01 | #18 |
| 2020 | 0.53 | −0.01 | #19 |
| 2019 | 0.54 | −0.02 | #19 |
| 2018 | 0.56 | −0.01 | #19 |
| 2017 | 0.58 | −0.01 | #20 |
| 2016 | 0.59 | −0.02 | #24 |
| 2015 | 0.61 | −0.00 | #25 |
| 2014 | 0.61 | −0.02 | #23 |
| 2013 | 0.63 | −0.05 | #23 |
| 2012 | 0.68 | −0.03 | #26 |
| 2011 | 0.71 | −0.01 | #33 |
Detected Pattern
Analysis
Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Greece's ppp conversion factor was 0.50 in 2025. Ranked 185th globally. This represents a 2.6% decrease from the previous year.
Greece's ppp conversion factor peaked at 0.72 in 2010.
The lowest ppp conversion factor in Greece was 0.34 in 1990.
Greece ranks 185th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Greece's ppp conversion factor is projected to reach 0.50 by 2025 based on trend extrapolation.
The ppp conversion factor of Greece in 2025 was 0.50. This ranks 185th in the world.
Cite this page
@misc{historysaid_greece_ppp-conversion-factor,
title = {Greece PPP Conversion Factor},
url = {https://historysaid.com/greece/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}