North Macedonia – PPP Conversion Factor 2020

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
18.06 −0.19 from 2019 G20 rank: 128th

North Macedonia's ppp conversion factor was 18.06 in 2020, decreased +0.19 from 18.26 in 2019. This was the 128th highest in the G20.

G20 Ranking – 2020
RankCountryValueYoY
1st Zimbabwe 0.01 520.0%
2nd Bahrain 0.17 -5.4%
3rd Oman 0.18 -7.3%
4th Kuwait 0.19 -1.8%
5th Timor-Leste 0.27 -22.4%
6th Jordan 0.30 -5.1%
7th Montenegro 0.32 -2.7%
8th Kosovo 0.36 -1.1%
9th Liberia 0.37 7.3%
10th Croatia 0.41 -2.4%
11th El Salvador 0.43 -3.9%
12th Lithuania 0.43 0.4%
13th Latvia 0.47 -2.1%
14th Ecuador 0.47 -4.2%
15th Azerbaijan 0.47 -3.2%
16th Slovak Republic 0.49 -4.1%
17th Panama 0.49 -0.8%
18th Estonia 0.52 -2.6%
19th Greece 0.53 -2.0%
20th Brunei Darussalam 0.53 -11.4%
21st Slovenia 0.53 -2.2%
22nd Portugal 0.54 -1.4%
23rd West Bank and Gaza 0.54 -3.4%
24th Malta 0.56 -1.1%
25th Cyprus 0.58 -1.6%
26th Spain 0.61 0.4%
27th Andorra 0.63 -2.1%
28th Italy 0.63 -2.3%
29th Belarus 0.64 0.1%
30th Bosnia and Herzegovina 0.64 -1.2%
31st United Kingdom 0.65 -2.4%
32nd Bulgaria 0.68 -0.1%
33rd France 0.69 -1.8%
34th San Marino 0.70 -2.8%
35th Germany 0.71 -1.5%
36th Belgium 0.72 -2.7%
37th Austria 0.73 -1.3%
38th Netherlands 0.75 -2.5%
39th Ireland 0.78 -2.4%
40th Georgia 0.80 -0.1%
41st Finland 0.80 -2.9%
42nd Singapore 0.83 -2.3%
43rd Tunisia 0.84 1.0%
44th Luxembourg 0.84 1.1%
45th Libya 0.84 -2.0%
46th Palau 0.85 -1.7%
47th Puerto Rico (US) 0.85 -3.0%
48th Micronesia, Federated States of 0.91 -5.0%
49th Marshall Islands 0.92 5.4%
50th Fiji 0.94 -3.8%
51st Kiribati 0.94 3.0%
52nd Virgin Islands (US) 0.95 -1.3%
53rd Bahamas, The 0.96 3.3%
54th United States 1.00 0.0%
55th Cayman Islands 1.04 2.6%
56th Turks and Caicos Islands 1.06 3.9%
57th Belize 1.09 -7.5%
58th Switzerland 1.10 -2.6%
59th Canada 1.20 -1.3%
60th Bermuda 1.26 -1.3%
61st Curaçao 1.34 -0.8%
62nd Sint Maarten (Dutch part) 1.39 1.6%
63rd Tuvalu 1.41 -0.1%
64th Aruba 1.41 -0.8%
65th New Zealand 1.42 -1.0%
66th Australia 1.43 -1.9%
67th St. Vincent and the Grenadines 1.47 -4.4%
68th Nauru 1.48 3.3%
69th Dominica 1.48 -7.2%
70th St. Lucia 1.52 -10.5%
71st Malaysia 1.52 -2.6%
72nd Turkmenistan 1.53 1.7%
73rd Romania 1.61 -1.4%
74th Tonga 1.66 -1.3%
75th Grenada 1.69 -1.8%
76th Poland 1.70 0.0%
77th Peru 1.71 -1.4%
78th Samoa 1.71 -0.1%
79th Antigua and Barbuda 1.86 -3.5%
80th St. Kitts and Nevis 1.86 -5.0%
81st Saudi Arabia 1.92 3.2%
82nd Ghana 2.03 7.0%
83rd United Arab Emirates 2.09 -1.2%
84th Türkiye 2.11 14.9%
85th Papua New Guinea 2.16 0.3%
86th Brazil 2.26 2.2%
87th Qatar 2.29 1.2%
88th Barbados 2.32 5.7%
89th Tajikistan 2.36 -1.8%
90th Bolivia, Plurinational State of 2.58 -2.1%
91st Sierra Leone 3.06 8.7%
92nd Guatemala 3.16 -2.2%
93rd Egypt, Arab Republic of 3.70 -5.1%
94th Suriname 3.73 40.8%
95th Israel 3.75 -1.8%
96th Trinidad and Tobago 3.86 -2.7%
97th China 4.01 -1.1%
98th Morocco 4.03 -3.9%
99th Botswana 4.74 -2.0%
100th Eritrea 5.01 6.9%
101st Macao SAR, China 5.16 -1.5%
102nd Greenland 5.52 -0.3%
103rd Zambia 5.53 14.5%
104th Moldova 5.60 -2.9%
105th Lesotho 5.91 -2.9%
106th Eswatini 6.12 0.1%
107th Hong Kong SAR, China 6.15 -0.7%
108th Denmark 6.37 -2.7%
109th Ukraine 6.43 -2.2%
110th Faroe Islands 6.61 -2.3%
111th Namibia 6.83 -4.1%
112th Solomon Islands 7.05 -2.6%
113th South Africa 7.25 2.6%
114th Seychelles 7.97 1.5%
115th Sweden 8.44 -1.7%
116th Maldives 8.47 8.3%
117th São Tomé and Principe 9.13 -0.4%
118th Norway 9.59 1.1%
119th Mexico 9.81 3.0%
120th Honduras 10.53 -0.6%
121st Nicaragua 10.61 -2.2%
122nd Thailand 11.41 -3.6%
123rd Mauritania 11.63 0.7%
124th Czechia 12.15 0.4%
125th Gambia, The 14.66 -3.9%
126th Afghanistan 15.34 2.1%
127th Mauritius 16.63 -1.2%
128th North Macedonia 18.06 -1.1%
129th Kyrgyz Republic 18.36 -1.8%
130th Bhutan 18.96 -2.8%
131st Philippines 19.44 -1.5%
132nd India 20.32 0.4%
133rd Dominican Republic 21.23 0.0%
134th Mozambique 22.76 -2.7%
135th Russian Federation 23.15 -3.3%
136th Uruguay 25.73 2.8%
137th Sudan 25.95 136.5%
138th Argentina 26.89 31.9%
139th Bangladesh 28.71 -3.0%
140th Nepal 31.70 -0.6%
141st Algeria 37.44 -2.5%
142nd Serbia 39.76 0.3%
143rd Pakistan 40.07 6.4%
144th Albania 40.21 -0.8%
145th Haiti 41.55 18.2%
146th Kenya 42.82 0.4%
147th Cabo Verde 49.99 0.2%
148th Sri Lanka 55.16 6.7%
149th Jamaica 77.28 4.2%
150th Guyana 83.99 -16.7%
151st Djibouti 91.48 -2.1%
152nd Japan 100.74 -2.4%
153rd Vanuatu 112.62 1.4%
154th Kazakhstan 124.88 -1.0%
155th Nigeria 134.64 3.9%
156th Hungary 141.84 2.2%
157th Armenia 141.94 -3.8%
158th Iceland 143.25 3.3%
159th Angola 146.91 18.1%
160th Burkina Faso 199.52 -0.6%
161st Mali 201.44 -0.3%
162nd Comoros 201.68 0.1%
163rd Cameroon 205.11 -4.5%
164th Guinea-Bissau 208.34 -1.5%
165th Togo 208.47 -4.6%
166th Benin 212.44 1.0%
167th Niger 222.84 -3.9%
168th Senegal 224.09 -2.5%
169th Côte d'Ivoire 226.31 -0.5%
170th Chad 228.27 2.6%
171st Syrian Arab Republic 237.01 45.4%
172nd Congo, Republic of 240.51 -5.6%
173rd Equatorial Guinea 242.57 0.1%
174th Central African Republic 249.86 -6.5%
175th Gabon 262.64 -3.9%
176th Malawi 298.39 -0.1%
177th Rwanda 321.47 3.1%
178th Costa Rica 328.02 1.2%
179th Myanmar 354.56 1.1%
180th Chile 409.84 3.1%
181st Iraq 484.26 -11.5%
182nd Burundi 595.61 2.3%
183rd Tanzania 779.04 -4.5%
184th Mongolia 822.06 -3.4%
185th Congo, Democratic Republic of 827.00 5.2%
186th Korea 829.36 -2.1%
187th Madagascar 1,145.67 2.1%
188th Uganda 1,240.85 -1.4%
189th Lebanon 1,261.38 97.9%
190th Colombia 1,270.74 -3.2%
191st Cambodia 1,433.77 -2.4%
192nd Uzbekistan 2,353.38 11.5%
193rd Paraguay 2,538.99 -1.1%
194th Lao PDR 2,953.51 1.8%
195th Guinea 3,024.85 -0.8%
196th Indonesia 4,791.01 -1.2%
197th Viet Nam 7,064.95 -1.8%
198th Somalia, Fed. Rep. 9,178.81 5.0%
199th Iran, Islamic Republic of 32,954.59 39.9%