Kiribati – PPP Conversion Factor 2003

Purchasing power parity conversion factor for GDP. Number of units of local currency required to buy the same amount of goods and services domestically as one US dollar would buy in the United States. · World Bank
1.00 +0.07 from 2002 G20 rank: 63rd

Kiribati's ppp conversion factor was 1.00 in 2003, increased +0.07 from 0.93 in 2002. This was the 63rd highest in the G20.

G20 Ranking – 2003
PPP Conversion Factor by Country – 2003
RankCountryValueYoY
1st Zimbabwe 0.00 6.7%
2nd Belarus 0.05 28.2%
3rd Kuwait 0.10 2.9%
4th Oman 0.10 7.5%
5th Bahrain 0.12 6.5%
6th Azerbaijan 0.18 4.9%
7th Jordan 0.19 0.2%
8th Ghana 0.26 26.2%
9th Libya 0.26 12.1%
10th Liberia 0.33 13.3%
11th Montenegro 0.34 7.0%
12th Ecuador 0.36 9.1%
13th Latvia 0.39 6.5%
14th Timor-Leste 0.39 4.7%
15th Lithuania 0.42 -2.4%
16th Brunei Darussalam 0.45 4.3%
17th El Salvador 0.46 1.0%
18th Panama 0.48 -0.8%
19th Estonia 0.49 -0.1%
20th Sudan 0.50 7.7%
21st Tajikistan 0.51 24.6%
22nd Georgia 0.52 1.4%
23rd Tunisia 0.52 0.7%
24th Croatia 0.53 2.7%
25th West Bank and Gaza 0.53 -4.0%
26th Slovak Republic 0.54 4.4%
27th Bulgaria 0.56 0.3%
28th Malta 0.57 -1.4%
29th Turkmenistan 0.60 10.0%
30th Slovenia 0.61 4.2%
31st Sierra Leone 0.67 11.0%
32nd Portugal 0.67 -0.3%
33rd Palau 0.68 -4.8%
34th Greece 0.69 3.3%
35th United Kingdom 0.70 0.9%
36th Bosnia and Herzegovina 0.72 0.1%
37th Andorra 0.73 1.2%
38th Cyprus 0.74 3.7%
39th Türkiye 0.74 24.6%
40th Puerto Rico (US) 0.75 2.4%
41st Spain 0.76 2.3%
42nd San Marino 0.77 0.5%
43rd Nauru 0.80 3.6%
44th Fiji 0.82 5.6%
45th Micronesia, Federated States of 0.83 -2.3%
46th Italy 0.83 1.2%
47th Singapore 0.85 -3.7%
48th Belgium 0.88 0.3%
49th Austria 0.89 -1.3%
50th Argentina 0.89 8.4%
51st Saudi Arabia 0.90 2.6%
52nd Germany 0.90 -1.9%
53rd Marshall Islands 0.90 -1.0%
54th Egypt, Arab Republic of 0.90 4.7%
55th Netherlands 0.93 2.7%
56th France 0.93 3.3%
57th Suriname 0.94 19.0%
58th Luxembourg 0.96 0.8%
59th Brazil 0.97 11.9%
60th Virgin Islands (US) 0.97 3.9%
61st Bahamas, The 0.98 -0.8%
62nd Ukraine 1.00 6.1%
63rd Kiribati 1.00 7.3%
64th United States 1.00 0.0%
65th Finland 1.00 0.4%
66th Ireland 1.00 2.2%
67th Tonga 1.00 9.2%
68th Zambia 1.09 15.3%
69th Tuvalu 1.12 1.1%
70th Belize 1.12 -6.0%
71st United Arab Emirates 1.18 2.1%
72nd Romania 1.18 20.3%
73rd Malaysia 1.18 1.3%
74th Aruba 1.21 1.1%
75th Qatar 1.22 14.9%
76th Canada 1.23 -0.3%
77th Bermuda 1.23 0.8%
78th Curaçao 1.27 -0.3%
79th Peru 1.31 -0.2%
80th Australia 1.35 1.2%
81st St. Vincent and the Grenadines 1.47 -4.1%
82nd New Zealand 1.50 1.8%
83rd Samoa 1.50 0.6%
84th Papua New Guinea 1.50 3.5%
85th Antigua and Barbuda 1.63 -2.4%
86th St. Lucia 1.69 3.2%
87th St. Kitts and Nevis 1.69 -0.3%
88th Switzerland 1.72 0.3%
89th Grenada 1.73 -2.0%
90th Poland 1.80 0.3%
91st Barbados 1.81 -0.8%
92nd Bolivia, Plurinational State of 1.89 4.3%
93rd Dominica 1.91 -7.8%
94th Botswana 1.96 1.3%
95th Guatemala 2.69 2.4%
96th China 2.70 0.7%
97th Trinidad and Tobago 2.84 8.3%
98th Moldova 2.85 12.6%
99th São Tomé and Principe 2.96 11.6%
100th Lesotho 2.97 0.5%
101st Eritrea 2.99 19.5%
102nd Eswatini 3.04 3.8%
103rd Macao SAR, China 3.34 -1.9%
104th South Africa 3.36 4.3%
105th Namibia 3.41 -0.7%
106th Seychelles 3.46 3.9%
107th Israel 3.62 4.6%
108th Morocco 3.92 -1.1%
109th Maldives 4.40 -1.5%
110th Solomon Islands 4.69 4.2%
111th Gambia, The 4.76 24.9%
112th Nicaragua 5.06 3.3%
113th Greenland 5.56 4.5%
114th Hong Kong SAR, China 5.99 -7.8%
115th Mexico 6.65 1.4%
116th Honduras 7.11 3.7%
117th Mauritania 7.64 2.5%
118th Kyrgyz Republic 7.71 2.0%
119th Denmark 8.65 1.0%
120th Norway 9.20 1.6%
121st Sweden 9.49 0.8%
122nd Dominican Republic 9.86 30.9%
123rd Russian Federation 9.87 6.4%
124th Haiti 10.05 15.7%
125th Uruguay 10.05 14.3%
126th Afghanistan 10.07 9.5%
127th India 10.16 1.9%
128th Thailand 11.04 0.2%
129th Bhutan 12.08 1.6%
130th Mauritius 12.87 3.6%
131st Mozambique 13.02 1.6%
132nd Nepal 13.19 1.1%
133rd Pakistan 13.96 1.5%
134th Czechia 14.18 -1.9%
135th Philippines 14.80 1.2%
136th Algeria 16.36 6.8%
137th Bangladesh 16.95 3.8%
138th Angola 19.57 90.8%
139th North Macedonia 20.10 0.4%
140th Sri Lanka 22.28 6.6%
141st Kenya 22.32 4.1%
142nd Serbia 22.64 11.2%
143rd Kazakhstan 27.81 9.6%
144th Jamaica 28.47 9.5%
145th Nigeria 35.13 7.7%
146th Yemen, Republic of 35.41 8.7%
147th Malawi 38.15 8.2%
148th Albania 44.60 3.9%
149th Cabo Verde 55.33 2.9%
150th Guyana 73.79 2.7%
151st Vanuatu 92.45 -1.2%
152nd Iceland 92.61 1.7%
153rd Myanmar 119.43 18.2%
154th Hungary 122.02 3.3%
155th Equatorial Guinea 131.30 -1.3%
156th Armenia 133.07 2.6%
157th Uzbekistan 133.95 24.3%
158th Japan 139.58 -2.9%
159th Mali 149.43 -9.9%
160th Congo, Democratic Republic of 152.84 11.2%
161st Chad 164.98 -1.9%
162nd Congo, Republic of 165.66 -6.1%
163rd Mongolia 167.62 8.1%
164th Rwanda 172.86 18.0%
165th Iraq 181.90 11.7%
166th Niger 183.76 -2.1%
167th Costa Rica 187.71 8.5%
168th Gabon 201.39 -2.1%
169th Burkina Faso 202.48 -0.5%
170th Benin 212.86 1.1%
171st Comoros 214.14 2.9%
172nd Togo 216.75 -4.8%
173rd Senegal 222.62 -2.8%
174th Guinea-Bissau 223.59 -2.5%
175th Burundi 226.79 9.8%
176th Côte d'Ivoire 238.30 1.3%
177th Cameroon 242.00 0.0%
178th Central African Republic 249.07 -0.6%
179th Chile 308.26 2.3%
180th Tanzania 317.97 6.3%
181st Madagascar 358.26 -3.6%
182nd Uganda 578.65 5.7%
183rd Lebanon 750.45 -0.4%
184th Korea 790.86 2.7%
185th Guinea 846.73 13.7%
186th Colombia 896.54 4.8%
187th Cambodia 962.93 1.3%
188th Paraguay 1,274.99 12.9%
189th Iran, Islamic Republic of 1,495.12 10.9%
190th Indonesia 1,671.69 3.4%
191st Lao PDR 1,735.91 11.3%
192nd Viet Nam 3,021.71 5.0%
193rd Somalia, Fed. Rep. 9,260.16 4.2%