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Nigeria - PPP Conversion Factor 2004

Name: Nigeria PPP Conversion Factor 2004
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

PPP conversion factor, GDP · World Bank

41.30 +6.17 from 2003 Global rank: 146th

Nigeria's ppp conversion factor was 41.30 in 2004, increased +6.17 from 35.13 in 2003. This was the 146th highest globally.

Global Ranking - 2004▾

PPP Conversion Factor by Country - 2004
Rank	Country	Value	YoY
1st	Zimbabwe	0.00	4.8%
2nd	Belarus	0.06	19.5%
3rd	Kuwait	0.11	8.5%
4th	Oman	0.11	9.6%
5th	Bahrain	0.13	8.1%
6th	Jordan	0.19	0.4%
7th	Azerbaijan	0.20	6.4%
8th	Ghana	0.29	11.4%
9th	Libya	0.32	19.4%
10th	Timor-Leste	0.34	-12.8%
11th	Montenegro	0.35	3.3%
12th	Ecuador	0.37	3.6%
13th	Liberia	0.38	13.8%
14th	Latvia	0.41	5.8%
15th	Lithuania	0.43	2.7%
16th	El Salvador	0.46	0.0%
17th	Panama	0.48	-0.1%
18th	Estonia	0.49	1.6%
19th	West Bank and Gaza	0.49	-7.3%
20th	Brunei Darussalam	0.51	13.5%
21st	Tunisia	0.53	0.6%
22nd	Croatia	0.53	0.6%
23rd	Georgia	0.55	5.6%
24th	Slovak Republic	0.56	3.7%
25th	Sudan	0.57	14.2%
26th	Malta	0.57	-1.3%
27th	Bulgaria	0.58	3.7%
28th	Tajikistan	0.59	14.4%
29th	Slovenia	0.61	0.0%
30th	Turkmenistan	0.62	3.3%
31st	Portugal	0.68	1.0%
32nd	Palau	0.69	1.3%
33rd	United Kingdom	0.69	-1.2%
34th	Greece	0.69	1.4%
35th	Bosnia and Herzegovina	0.71	-0.3%
36th	Puerto Rico (US)	0.72	-3.9%
37th	Sierra Leone	0.73	9.9%
38th	Cyprus	0.73	-0.4%
39th	Andorra	0.73	0.3%
40th	Spain	0.77	0.9%
41st	San Marino	0.77	-0.7%
42nd	Türkiye	0.79	7.6%
43rd	Fiji	0.82	-0.5%
44th	Micronesia, Federated States of	0.82	-1.7%
45th	Nauru	0.83	2.9%
46th	Italy	0.85	2.2%
47th	Singapore	0.86	1.2%
48th	Germany	0.88	-2.3%
49th	Austria	0.88	-1.1%
50th	Belgium	0.89	1.4%
51st	Marshall Islands	0.89	-0.9%
52nd	Netherlands	0.91	-1.9%
53rd	Kiribati	0.93	-6.4%
54th	France	0.94	0.6%
55th	Luxembourg	0.95	-1.4%
56th	Bahamas, The	0.96	-1.5%
57th	Saudi Arabia	0.96	7.5%
58th	Finland	0.97	-2.9%
59th	Egypt, Arab Republic of	0.98	8.7%
60th	Ireland	0.99	-1.3%
61st	United States	1.00	0.0%
62nd	Virgin Islands (US)	1.01	4.0%
63rd	Brazil	1.02	4.9%
64th	Argentina	1.03	15.3%
65th	Suriname	1.04	9.9%
66th	Tonga	1.06	5.6%
67th	Belize	1.11	-0.5%
68th	Ukraine	1.12	12.3%
69th	Tuvalu	1.14	2.3%
70th	Aruba	1.21	0.1%
71st	Malaysia	1.22	3.2%
72nd	Canada	1.23	0.6%
73rd	United Arab Emirates	1.24	5.7%
74th	Curaçao	1.25	-1.3%
75th	Bermuda	1.26	2.0%
76th	Zambia	1.27	16.6%
77th	Romania	1.27	7.8%
78th	Qatar	1.35	10.1%
79th	Peru	1.36	3.5%
80th	Australia	1.36	0.9%
81st	Papua New Guinea	1.43	-4.6%
82nd	St. Vincent and the Grenadines	1.48	1.0%
83rd	New Zealand	1.51	0.7%
84th	Samoa	1.57	4.3%
85th	Antigua and Barbuda	1.63	-0.3%
86th	St. Lucia	1.65	-1.9%
87th	Switzerland	1.69	-1.4%
88th	St. Kitts and Nevis	1.71	1.1%
89th	Grenada	1.72	-0.6%
90th	Poland	1.83	1.4%
91st	Barbados	1.86	3.1%
92nd	Dominica	1.90	-0.6%
93rd	Bolivia, Plurinational State of	1.99	5.1%
94th	Botswana	2.10	7.2%
95th	Guatemala	2.78	3.2%
96th	China	2.81	4.2%
97th	Moldova	3.00	5.2%
98th	Trinidad and Tobago	3.01	6.0%
99th	Eswatini	3.07	1.2%
100th	Lesotho	3.17	6.7%
101st	São Tomé and Principe	3.31	11.8%
102nd	Macao SAR, China	3.32	-0.7%
103rd	Namibia	3.39	-0.6%
104th	South Africa	3.47	3.3%
105th	Israel	3.54	-2.4%
106th	Eritrea	3.63	21.5%
107th	Morocco	3.85	-1.7%
108th	Seychelles	4.21	21.4%
109th	Maldives	4.71	7.1%
110th	Solomon Islands	4.74	1.0%
111th	Nicaragua	5.38	6.2%
112th	Greenland	5.39	-3.1%
113th	Hong Kong SAR, China	5.62	-6.1%
114th	Mexico	7.00	5.3%
115th	Honduras	7.37	3.7%
116th	Kyrgyz Republic	7.89	2.4%
117th	Mauritania	8.25	8.0%
118th	Denmark	8.46	-2.2%
119th	Gambia, The	9.00	89.1%
120th	Norway	9.13	-0.8%
121st	Sweden	9.30	-2.0%
122nd	India	10.46	3.0%
123rd	Uruguay	10.78	7.2%
124th	Afghanistan	10.91	8.4%
125th	Thailand	11.13	0.9%
126th	Russian Federation	11.56	17.1%
127th	Haiti	11.67	16.2%
128th	Bhutan	12.28	1.6%
129th	Nepal	13.38	1.4%
130th	Mauritius	13.39	4.0%
131st	Mozambique	13.42	3.0%
132nd	Dominican Republic	13.94	41.3%
133rd	Czechia	14.43	1.8%
134th	Pakistan	14.58	4.4%
135th	Philippines	15.26	3.1%
136th	Bangladesh	17.26	1.8%
137th	Algeria	17.76	8.5%
138th	North Macedonia	19.26	-4.2%
139th	Kenya	23.29	4.3%
140th	Sri Lanka	23.61	6.0%
141st	Serbia	24.10	6.4%
142nd	Angola	25.42	29.9%
143rd	Jamaica	31.29	9.9%
144th	Kazakhstan	31.45	13.1%
145th	Yemen, Republic of	39.34	11.1%
146th	Nigeria	41.30	17.6%
147th	Malawi	42.67	11.8%
148th	Albania	44.90	0.7%
149th	Cabo Verde	50.47	-8.8%
150th	Guyana	76.73	4.0%
151st	Vanuatu	91.94	-0.6%
152nd	Iceland	93.30	0.7%
153rd	Myanmar	120.49	0.9%
154th	Hungary	128.40	5.2%
155th	Japan	134.40	-3.7%
156th	Armenia	137.72	3.5%
157th	Equatorial Guinea	149.50	13.9%
158th	Mali	150.88	1.0%
159th	Uzbekistan	151.21	12.9%
160th	Congo, Democratic Republic of	158.32	3.6%
161st	Chad	176.30	6.9%
162nd	Niger	179.64	-2.2%
163rd	Rwanda	187.01	8.2%
164th	Congo, Republic of	188.44	13.7%
165th	Mongolia	190.48	13.6%
166th	Burkina Faso	197.35	-2.5%
167th	Guinea-Bissau	205.80	-8.0%
168th	Togo	207.04	-4.5%
169th	Costa Rica	207.20	10.4%
170th	Iraq	207.80	14.2%
171st	Benin	208.89	-1.9%
172nd	Comoros	209.44	-2.2%
173rd	Gabon	211.35	4.9%
174th	Senegal	216.50	-2.8%
175th	Côte d'Ivoire	226.25	-5.1%
176th	Central African Republic	231.78	-6.9%
177th	Cameroon	235.99	-2.5%
178th	Burundi	249.89	10.2%
179th	Chile	321.28	4.2%
180th	Tanzania	330.96	4.1%
181st	Madagascar	397.57	11.0%
182nd	Uganda	651.33	12.6%
183rd	Lebanon	721.77	-3.8%
184th	Korea	795.26	0.6%
185th	Colombia	936.64	4.5%
186th	Guinea	960.79	13.5%
187th	Cambodia	1,008.07	4.7%
188th	Paraguay	1,388.55	8.9%
189th	Indonesia	1,767.12	5.7%
190th	Iran, Islamic Republic of	1,815.71	21.4%
191st	Lao PDR	1,871.17	7.8%
192nd	Viet Nam	3,190.74	5.6%
193rd	Somalia, Fed. Rep.	9,630.48	4.0%

FAQ

What was Nigeria's ppp conversion factor in 2004?▾

Nigeria's ppp conversion factor in 2004 was 41.30. This ranked 146th globally.

How did Nigeria's ppp conversion factor change in 2004?▾

Nigeria's ppp conversion factor increased by 17.6% in 2004 compared to 2003.

Which country had the highest ppp conversion factor in 2004?▾

Somalia, Fed. Rep. had the highest ppp conversion factor in 2004 at 9,630.48.

What is the ppp conversion factor of Nigeria in 2004?▾

The ppp conversion factor of Nigeria in 2004 was 41.30. This ranked 146th globally.

How does 2004 compare to 2003 for Nigeria's ppp conversion factor?▾

Nigeria's ppp conversion factor went from 35.13 in 2003 to 41.30 in 2004, a 17.6% increase.

HistorySaid - pattern alert

Nigeria matched the Fiscal Dominance Trap pattern in 2004. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 8.2%. View full analysis →

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