Nigeria - PPP Conversion Factor 2019
129.65
+5.73 from 2018
Nigeria's ppp conversion factor was 129.65 in 2019, increased +5.73 from 123.91 in 2018. This was the 156th highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | 0.00 | 187.6% |
| 2nd | Bahrain | 0.18 | -4.9% |
| 3rd | Kuwait | 0.19 | 0.7% |
| 4th | Oman | 0.20 | -2.3% |
| 5th | Jordan | 0.31 | -3.5% |
| 6th | Montenegro | 0.33 | -5.4% |
| 7th | Timor-Leste | 0.34 | 0.1% |
| 8th | Liberia | 0.35 | -9.9% |
| 9th | Kosovo | 0.36 | -2.0% |
| 10th | Croatia | 0.42 | -4.3% |
| 11th | Lithuania | 0.43 | -3.3% |
| 12th | El Salvador | 0.44 | -2.6% |
| 13th | Latvia | 0.48 | -2.1% |
| 14th | Azerbaijan | 0.49 | -7.1% |
| 15th | Ecuador | 0.49 | -4.4% |
| 16th | Panama | 0.50 | -0.4% |
| 17th | Slovak Republic | 0.51 | -3.0% |
| 18th | Estonia | 0.53 | -1.9% |
| 19th | Greece | 0.54 | -4.2% |
| 20th | Slovenia | 0.54 | -4.1% |
| 21st | Portugal | 0.55 | -3.6% |
| 22nd | West Bank and Gaza | 0.56 | -2.0% |
| 23rd | Malta | 0.56 | -4.0% |
| 24th | Cyprus | 0.59 | -4.0% |
| 25th | Brunei Darussalam | 0.60 | -6.7% |
| 26th | Spain | 0.60 | -4.4% |
| 27th | Andorra | 0.64 | -2.3% |
| 28th | Belarus | 0.64 | -0.9% |
| 29th | Italy | 0.65 | -5.0% |
| 30th | Bosnia and Herzegovina | 0.65 | -3.5% |
| 31st | United Kingdom | 0.67 | -2.6% |
| 32nd | Bulgaria | 0.68 | -0.6% |
| 33rd | France | 0.71 | -6.6% |
| 34th | Germany | 0.72 | -2.4% |
| 35th | San Marino | 0.73 | -2.7% |
| 36th | Belgium | 0.74 | -4.0% |
| 37th | Austria | 0.74 | -3.5% |
| 38th | Netherlands | 0.77 | -1.2% |
| 39th | Ireland | 0.79 | 0.2% |
| 40th | Georgia | 0.80 | -1.7% |
| 41st | Finland | 0.83 | -3.2% |
| 42nd | Tunisia | 0.83 | 2.2% |
| 43rd | Luxembourg | 0.83 | -2.3% |
| 44th | Singapore | 0.85 | -1.6% |
| 45th | Palau | 0.86 | -3.3% |
| 46th | Libya | 0.86 | 6.3% |
| 47th | Marshall Islands | 0.88 | -5.7% |
| 48th | Puerto Rico (US) | 0.88 | -3.4% |
| 49th | Kiribati | 0.91 | -4.9% |
| 50th | Bahamas, The | 0.93 | 0.5% |
| 51st | Micronesia, Federated States of | 0.96 | -5.0% |
| 52nd | Virgin Islands (US) | 0.97 | -3.2% |
| 53rd | Fiji | 0.97 | 1.3% |
| 54th | United States | 1.00 | 0.0% |
| 55th | Cayman Islands | 1.01 | 4.0% |
| 56th | Turks and Caicos Islands | 1.02 | 0.4% |
| 57th | Switzerland | 1.13 | -3.8% |
| 58th | Belize | 1.18 | -7.1% |
| 59th | Canada | 1.22 | 0.9% |
| 60th | Bermuda | 1.27 | -3.3% |
| 61st | Curaçao | 1.35 | -2.5% |
| 62nd | Sint Maarten (Dutch part) | 1.37 | 0.2% |
| 63rd | Tuvalu | 1.41 | 4.7% |
| 64th | Aruba | 1.42 | 3.8% |
| 65th | Nauru | 1.43 | -6.2% |
| 66th | New Zealand | 1.44 | -2.3% |
| 67th | Australia | 1.46 | -0.8% |
| 68th | Turkmenistan | 1.50 | 0.8% |
| 69th | St. Vincent and the Grenadines | 1.54 | -0.7% |
| 70th | Malaysia | 1.56 | -1.2% |
| 71st | Dominica | 1.60 | -3.1% |
| 72nd | Romania | 1.64 | -1.7% |
| 73rd | Tonga | 1.68 | 4.8% |
| 74th | Poland | 1.70 | -2.9% |
| 75th | St. Lucia | 1.70 | -5.6% |
| 76th | Samoa | 1.72 | -0.1% |
| 77th | Grenada | 1.72 | 0.8% |
| 78th | Peru | 1.73 | -1.3% |
| 79th | Türkiye | 1.84 | 12.5% |
| 80th | Saudi Arabia | 1.86 | 0.4% |
| 81st | Ghana | 1.90 | 4.5% |
| 82nd | Antigua and Barbuda | 1.92 | -4.5% |
| 83rd | St. Kitts and Nevis | 1.96 | -2.3% |
| 84th | United Arab Emirates | 2.11 | -5.4% |
| 85th | Papua New Guinea | 2.15 | -0.6% |
| 86th | Barbados | 2.19 | 1.5% |
| 87th | Brazil | 2.22 | 0.9% |
| 88th | Qatar | 2.26 | -3.7% |
| 89th | Tajikistan | 2.40 | -3.6% |
| 90th | Bolivia, Plurinational State of | 2.64 | -2.3% |
| 91st | Suriname | 2.65 | -4.9% |
| 92nd | Sierra Leone | 2.81 | 10.6% |
| 93rd | Guatemala | 3.23 | -1.9% |
| 94th | Israel | 3.82 | 0.9% |
| 95th | Egypt, Arab Republic of | 3.89 | 8.7% |
| 96th | Trinidad and Tobago | 3.97 | -4.4% |
| 97th | China | 4.06 | -0.8% |
| 98th | Morocco | 4.19 | -0.5% |
| 99th | Eritrea | 4.69 | -5.4% |
| 100th | Zambia | 4.83 | 8.5% |
| 101st | Botswana | 4.83 | 1.0% |
| 102nd | Macao SAR, China | 5.24 | 0.6% |
| 103rd | Greenland | 5.53 | -0.7% |
| 104th | Moldova | 5.77 | -1.9% |
| 105th | Lesotho | 6.09 | 3.4% |
| 106th | Eswatini | 6.11 | -0.8% |
| 107th | Hong Kong SAR, China | 6.19 | -0.9% |
| 108th | Denmark | 6.54 | -3.4% |
| 109th | Ukraine | 6.58 | -0.7% |
| 110th | Faroe Islands | 6.76 | 0.9% |
| 111th | South Africa | 7.07 | 3.1% |
| 112th | Namibia | 7.11 | -0.2% |
| 113th | Solomon Islands | 7.24 | -0.4% |
| 114th | Maldives | 7.83 | -2.5% |
| 115th | Seychelles | 7.85 | -1.8% |
| 116th | Sweden | 8.58 | -3.2% |
| 117th | São Tomé and Principe | 9.17 | -5.4% |
| 118th | Norway | 9.48 | -1.1% |
| 119th | Mexico | 9.53 | 2.7% |
| 120th | Honduras | 10.60 | 1.4% |
| 121st | Nicaragua | 10.85 | 0.2% |
| 122nd | Sudan | 10.97 | 54.9% |
| 123rd | Mauritania | 11.56 | 2.1% |
| 124th | Thailand | 11.83 | -2.7% |
| 125th | Czechia | 12.10 | -2.2% |
| 126th | Afghanistan | 15.03 | 1.1% |
| 127th | Gambia, The | 15.26 | 3.7% |
| 128th | Mauritius | 16.84 | -1.7% |
| 129th | North Macedonia | 18.26 | -3.7% |
| 130th | Kyrgyz Republic | 18.71 | 1.2% |
| 131st | Bhutan | 19.51 | 0.4% |
| 132nd | Philippines | 19.74 | -1.1% |
| 133rd | India | 20.24 | -1.1% |
| 134th | Argentina | 20.38 | 50.7% |
| 135th | Dominican Republic | 21.23 | -2.1% |
| 136th | Mozambique | 23.38 | -0.7% |
| 137th | Russian Federation | 23.93 | -2.5% |
| 138th | Uruguay | 25.05 | 3.3% |
| 139th | Bangladesh | 29.60 | 0.7% |
| 140th | Nepal | 31.88 | 2.5% |
| 141st | Haiti | 35.15 | 14.8% |
| 142nd | Pakistan | 37.67 | 8.6% |
| 143rd | Algeria | 38.39 | -1.3% |
| 144th | Serbia | 39.65 | -3.3% |
| 145th | Albania | 40.55 | -4.1% |
| 146th | Kenya | 42.66 | 1.2% |
| 147th | Cabo Verde | 49.91 | -1.5% |
| 148th | Sri Lanka | 51.71 | 3.5% |
| 149th | Jamaica | 74.13 | 3.5% |
| 150th | Djibouti | 93.41 | -1.7% |
| 151st | Guyana | 100.87 | -0.1% |
| 152nd | Japan | 103.23 | -0.9% |
| 153rd | Vanuatu | 111.02 | 1.6% |
| 154th | Angola | 124.44 | 11.7% |
| 155th | Kazakhstan | 126.17 | -3.0% |
| 156th | Nigeria | 129.65 | 4.6% |
| 157th | Iceland | 138.67 | -1.6% |
| 158th | Hungary | 138.80 | -0.2% |
| 159th | Armenia | 147.49 | -6.3% |
| 160th | Syrian Arab Republic | 163.03 | 15.1% |
| 161st | Burkina Faso | 200.76 | -3.6% |
| 162nd | Comoros | 201.54 | 3.8% |
| 163rd | Mali | 201.95 | -2.0% |
| 164th | Benin | 210.40 | -2.5% |
| 165th | Guinea-Bissau | 211.50 | -3.1% |
| 166th | Cameroon | 214.87 | -3.7% |
| 167th | Togo | 218.59 | -4.4% |
| 168th | Chad | 222.57 | -5.9% |
| 169th | Côte d'Ivoire | 227.48 | -4.9% |
| 170th | Senegal | 229.87 | -3.7% |
| 171st | Niger | 231.90 | -7.9% |
| 172nd | Equatorial Guinea | 242.33 | -0.9% |
| 173rd | Congo, Republic of | 254.91 | -4.7% |
| 174th | Central African Republic | 267.26 | -4.3% |
| 175th | Gabon | 273.35 | -0.4% |
| 176th | Malawi | 298.67 | 4.3% |
| 177th | Rwanda | 311.86 | -0.3% |
| 178th | Costa Rica | 324.22 | -4.0% |
| 179th | Myanmar | 350.69 | 2.1% |
| 180th | Chile | 397.67 | 0.4% |
| 181st | Iraq | 547.34 | -1.4% |
| 182nd | Burundi | 582.20 | -3.9% |
| 183rd | Lebanon | 637.47 | 1.3% |
| 184th | Congo, Democratic Republic of | 786.31 | -1.9% |
| 185th | Tanzania | 815.96 | -3.9% |
| 186th | Korea | 847.55 | -0.9% |
| 187th | Mongolia | 851.15 | 3.2% |
| 188th | Madagascar | 1,121.69 | 3.9% |
| 189th | Uganda | 1,258.26 | 0.4% |
| 190th | Colombia | 1,312.63 | -0.7% |
| 191st | Cambodia | 1,468.90 | 0.0% |
| 192nd | Uzbekistan | 2,111.32 | 17.3% |
| 193rd | Paraguay | 2,567.45 | 1.2% |
| 194th | Lao PDR | 2,902.38 | 1.6% |
| 195th | Guinea | 3,049.66 | 3.1% |
| 196th | Indonesia | 4,847.45 | 0.3% |
| 197th | Viet Nam | 7,191.19 | -1.2% |
| 198th | Somalia, Fed. Rep. | 8,741.21 | 11.1% |
| 199th | Iran, Islamic Republic of | 23,549.04 | 39.2% |
FAQ
What was Nigeria's ppp conversion factor in 2019?▾
Nigeria's ppp conversion factor in 2019 was 129.65. This ranked 156th globally.
How did Nigeria's ppp conversion factor change in 2019?▾
Nigeria's ppp conversion factor increased by 4.6% in 2019 compared to 2018.
Which country had the highest ppp conversion factor in 2019?▾
Iran, Islamic Republic of had the highest ppp conversion factor in 2019 at 23,549.04.
What is the ppp conversion factor of Nigeria in 2019?▾
The ppp conversion factor of Nigeria in 2019 was 129.65. This ranked 156th globally.
How does 2019 compare to 2018 for Nigeria's ppp conversion factor?▾
Nigeria's ppp conversion factor went from 123.91 in 2018 to 129.65 in 2019, a 4.6% increase.
HistorySaid - pattern alert
Nigeria matched the Fiscal Dominance Trap pattern in 2019. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 17.0%. View full analysis →
Related
2018
2020
All years
Full ranking 2019
Inflation Rate
Consumer Price Index
Peak: 2025
Lowest: 1990
PPP Conversion Factor 1990s
PPP Conversion Factor 2000s
PPP Conversion Factor 2010s
PPP Conversion Factor 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation PPP Conversion Factor
OPEC PPP Conversion Factor
African Union PPP Conversion Factor
Global Ranking