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Nigeria - PPP Conversion Factor 1994

PPP conversion factor, GDP · World Bank
8.20 +2.35 from 1993 Global rank: 128th

Nigeria's ppp conversion factor was 8.20 in 1994, increased +2.35 from 5.84 in 1993. This was the 128th highest globally.

Global Ranking - 1994▾
PPP Conversion Factor by Country - 1994
RankCountryValueYoY
1st Angola 0.00 2,128.4%
2nd Belarus 0.00 1,903.0%
3rd Zimbabwe 0.00 -5.9%
4th Turkmenistan 0.00 930.3%
5th Tajikistan 0.00 255.4%
6th Congo, Democratic Republic of 0.00 26,204.2%
7th Bulgaria 0.01 69.1%
8th Türkiye 0.01 102.2%
9th Azerbaijan 0.02 1,355.0%
10th Ghana 0.04 27.4%
11th Romania 0.04 134.0%
12th Suriname 0.04 427.0%
13th Ukraine 0.05 931.0%
14th Sudan 0.07 153.8%
15th Kuwait 0.08 -7.8%
16th Oman 0.09 -2.5%
17th Libya 0.11 2.6%
18th Georgia 0.11 5,913.1%
19th Bahrain 0.12 5.1%
20th Sierra Leone 0.16 22.4%
21st Zambia 0.19 77.0%
22nd Jordan 0.20 4.6%
23rd Liberia 0.23 3.1%
24th Estonia 0.24 36.7%
25th Latvia 0.24 33.4%
26th Lithuania 0.26 58.3%
27th Brazil 0.28 2,191.2%
28th Timor-Leste 0.29 0.7%
29th Slovenia 0.32 20.0%
30th Croatia 0.35 107.3%
31st Ecuador 0.36 12.6%
32nd El Salvador 0.37 7.5%
33rd Slovak Republic 0.39 11.1%
34th Tunisia 0.45 2.3%
35th São Tomé and Principe 0.45 70.5%
36th Brunei Darussalam 0.50 -4.4%
37th Panama 0.52 1.5%
38th Bosnia and Herzegovina 0.53 46.0%
39th Greece 0.53 8.9%
40th Andorra 0.54 1.7%
41st West Bank and Gaza 0.57 -
42nd Malta 0.59 1.4%
43rd Portugal 0.61 5.0%
44th Nauru 0.61 -5.6%
45th Moldova 0.61 268.6%
46th Cyprus 0.62 3.1%
47th Puerto Rico (US) 0.65 1.0%
48th United Kingdom 0.66 -1.8%
49th Egypt, Arab Republic of 0.67 6.2%
50th Spain 0.69 1.7%
51st Palau 0.71 0.4%
52nd Fiji 0.71 -1.3%
53rd Russian Federation 0.72 298.8%
54th Argentina 0.74 0.7%
55th Italy 0.76 1.4%
56th Papua New Guinea 0.76 5.0%
57th Kiribati 0.78 1.5%
58th Ireland 0.79 -0.4%
59th Tuvalu 0.81 -6.7%
60th Saudi Arabia 0.81 -1.4%
61st Tonga 0.84 24.5%
62nd Marshall Islands 0.87 0.5%
63rd Micronesia, Federated States of 0.90 0.5%
64th Qatar 0.90 -0.5%
65th Netherlands 0.91 -0.1%
66th Bermuda 0.93 -0.2%
67th Poland 0.93 34.4%
68th Belgium 0.93 0.0%
69th Austria 0.94 0.4%
70th Bahamas, The 0.96 0.0%
71st Finland 0.97 -0.3%
72nd Luxembourg 0.97 1.4%
73rd Germany 0.99 -0.2%
74th France 0.99 -1.2%
75th Singapore 1.00 1.3%
76th United States 1.00 0.0%
77th Peru 1.00 24.0%
78th Malaysia 1.01 1.8%
79th Aruba 1.03 4.1%
80th United Arab Emirates 1.04 -2.3%
81st Botswana 1.09 7.2%
82nd Canada 1.21 -0.7%
83rd Eritrea 1.22 19.6%
84th Belize 1.28 0.5%
85th Australia 1.30 -0.9%
86th Bolivia, Plurinational State of 1.31 5.7%
87th St. Vincent and the Grenadines 1.37 0.2%
88th Uzbekistan 1.40 1,210.6%
89th Samoa 1.41 64.7%
90th New Zealand 1.46 -1.8%
91st St. Kitts and Nevis 1.59 4.1%
92nd Antigua and Barbuda 1.60 1.4%
93rd St. Lucia 1.61 0.4%
94th Lesotho 1.63 5.5%
95th Eswatini 1.64 8.7%
96th Guatemala 1.68 9.4%
97th Barbados 1.74 0.1%
98th Grenada 1.74 1.0%
99th Kyrgyz Republic 1.82 175.0%
100th South Africa 1.87 7.5%
101st Namibia 1.91 13.3%
102nd Switzerland 1.95 -0.9%
103rd Dominica 2.09 5.4%
104th Mexico 2.21 6.1%
105th China 2.44 18.1%
106th Solomon Islands 2.52 4.7%
107th Israel 2.60 10.2%
108th Trinidad and Tobago 2.64 10.9%
109th Gambia, The 2.70 1.6%
110th Nicaragua 2.76 5.5%
111th Malawi 2.80 23.5%
112th Maldives 2.98 6.1%
113th Seychelles 3.30 0.5%
114th Uruguay 3.34 36.1%
115th Mozambique 3.64 47.1%
116th Macao SAR, China 3.77 4.5%
117th Haiti 4.11 53.4%
118th Morocco 4.20 -1.4%
119th Kazakhstan 4.24 1,512.3%
120th Mauritania 4.91 8.8%
121st Dominican Republic 5.19 7.8%
122nd Greenland 5.33 -1.6%
123rd Honduras 5.76 -4.1%
124th Hong Kong SAR, China 7.21 4.1%
125th Bhutan 7.41 10.0%
126th India 7.44 7.7%
127th Algeria 7.78 26.4%
128th Nigeria 8.20 40.3%
129th Pakistan 8.76 10.7%
130th Denmark 8.80 -0.6%
131st Norway 8.98 -2.2%
132nd Mauritius 9.07 4.3%
133rd Sweden 9.20 0.4%
134th Nepal 9.60 2.6%
135th Yemen, Republic of 9.85 18.3%
136th Thailand 9.99 2.5%
137th Philippines 10.00 7.8%
138th Czechia 10.44 10.0%
139th Jamaica 12.19 28.4%
140th Sri Lanka 13.15 7.5%
141st Bangladesh 13.45 1.8%
142nd Kenya 15.07 14.6%
143rd North Macedonia 15.84 146.6%
144th Iraq 18.06 386.1%
145th Myanmar 19.61 19.5%
146th Albania 28.28 33.0%
147th Armenia 34.93 4,019.3%
148th Hungary 49.52 17.0%
149th Cabo Verde 54.03 -30.7%
150th Guyana 55.61 14.1%
151st Mongolia 57.76 60.9%
152nd Iceland 71.30 0.5%
153rd Costa Rica 76.04 13.3%
154th Burundi 81.19 4.4%
155th Vanuatu 82.79 0.2%
156th Rwanda 90.42 14.7%
157th Congo, Republic of 120.63 33.9%
158th Tanzania 121.80 28.4%
159th Guinea-Bissau 122.32 20.7%
160th Chad 127.66 40.5%
161st Mali 128.98 32.9%
162nd Equatorial Guinea 134.40 21.9%
163rd Madagascar 143.73 36.1%
164th Benin 151.11 30.7%
165th Niger 153.15 19.7%
166th Burkina Faso 159.95 12.2%
167th Togo 168.65 33.0%
168th Gabon 171.94 43.5%
169th Comoros 173.86 10.4%
170th Japan 178.84 -1.9%
171st Lao PDR 182.07 5.4%
172nd Côte d'Ivoire 188.37 43.3%
173rd Senegal 205.39 31.2%
174th Cameroon 233.11 7.3%
175th Central African Republic 244.95 21.8%
176th Chile 260.38 10.2%
177th Iran, Islamic Republic of 285.23 31.1%
178th Colombia 374.50 19.5%
179th Uganda 437.44 4.6%
180th Indonesia 474.67 5.5%
181st Paraguay 512.49 10.2%
182nd Lebanon 651.20 5.6%
183rd Guinea 672.03 -0.7%
184th Korea 687.12 5.8%
185th Cambodia 799.81 56.6%
186th Viet Nam 1,910.94 14.5%
187th Somalia, Fed. Rep. 2,404.58 52.6%
Source: World Bank (PA.NUS.PPP)

FAQ

What was Nigeria's ppp conversion factor in 1994?▾

Nigeria's ppp conversion factor in 1994 was 8.20. This ranked 128th globally.

How did Nigeria's ppp conversion factor change in 1994?▾

Nigeria's ppp conversion factor increased by 40.3% in 1994 compared to 1993.

Which country had the highest ppp conversion factor in 1994?▾

Somalia, Fed. Rep. had the highest ppp conversion factor in 1994 at 2,404.58.

What is the ppp conversion factor of Nigeria in 1994?▾

The ppp conversion factor of Nigeria in 1994 was 8.20. This ranked 128th globally.

How does 1994 compare to 1993 for Nigeria's ppp conversion factor?▾

Nigeria's ppp conversion factor went from 5.84 in 1993 to 8.20 in 1994, a 40.3% increase.

HistorySaid - pattern alert

Nigeria matched the Orthodox Tightening Cycle pattern in 1994. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 29.3%. View full analysis →

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