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Philippines - PPP Conversion Factor 2024

Name: Philippines PPP Conversion Factor 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

PPP conversion factor, GDP · World Bank

19.36 +0.09 from 2023 Global rank: 120th

Philippines's ppp conversion factor was 19.36 in 2024, increased +0.09 from 19.26 in 2023. This was the 120th highest globally.

Global Ranking - 2024▾

PPP Conversion Factor by Country - 2024
Rank	Country	Value	YoY
1st	Bahrain	0.17	-2.9%
2nd	Oman	0.19	-3.1%
3rd	Kuwait	0.19	-3.1%
4th	Timor-Leste	0.30	-3.6%
5th	Jordan	0.30	-0.5%
6th	Montenegro	0.36	1.2%
7th	Kosovo	0.36	-0.2%
8th	El Salvador	0.42	-0.6%
9th	Ecuador	0.43	2.5%
10th	Croatia	0.45	4.4%
11th	Liberia	0.46	2.2%
12th	Panama	0.46	-1.9%
13th	Lithuania	0.49	0.0%
14th	Brunei Darussalam	0.49	-5.1%
15th	Azerbaijan	0.49	-3.7%
16th	Latvia	0.50	1.1%
17th	Slovak Republic	0.50	1.1%
18th	Greece	0.52	1.7%
19th	Portugal	0.52	0.5%
20th	Slovenia	0.55	2.3%
21st	Spain	0.56	1.0%
22nd	Cyprus	0.57	0.2%
23rd	Estonia	0.58	0.6%
24th	Malta	0.58	2.9%
25th	West Bank and Gaza	0.59	2.1%
26th	Italy	0.60	-0.4%
27th	Andorra	0.61	0.7%
28th	United Kingdom	0.66	0.5%
29th	Bosnia and Herzegovina	0.68	0.7%
30th	France	0.68	0.4%
31st	Germany	0.70	0.0%
32nd	Belgium	0.70	0.1%
33rd	Austria	0.71	0.8%
34th	Netherlands	0.73	0.1%
35th	Ireland	0.74	0.1%
36th	Finland	0.75	-2.1%
37th	Bulgaria	0.76	2.6%
38th	Puerto Rico (US)	0.78	0.7%
39th	Singapore	0.80	0.8%
40th	Luxembourg	0.82	1.0%
41st	Belarus	0.82	6.2%
42nd	Georgia	0.89	2.4%
43rd	Tunisia	0.90	2.5%
44th	Kiribati	0.94	-0.4%
45th	Marshall Islands	0.94	4.8%
46th	Fiji	0.94	3.6%
47th	Switzerland	0.95	-0.1%
48th	Bahamas, The	0.96	-2.1%
49th	Micronesia, Federated States of	0.96	3.5%
50th	Turks and Caicos Islands	0.99	-1.6%
51st	United States	1.00	0.0%
52nd	Belize	1.07	-1.0%
53rd	Bermuda	1.15	-0.8%
54th	Canada	1.15	0.9%
55th	Curaçao	1.25	0.9%
56th	Dominica	1.32	0.0%
57th	Australia	1.37	2.2%
58th	Sint Maarten (Dutch part)	1.38	1.1%
59th	St. Lucia	1.39	-1.4%
60th	Aruba	1.40	1.7%
61st	Malaysia	1.40	-1.6%
62nd	St. Vincent and the Grenadines	1.46	1.3%
63rd	New Zealand	1.46	0.2%
64th	Nauru	1.46	6.1%
65th	Turkmenistan	1.51	4.0%
66th	Grenada	1.57	-3.6%
67th	Tuvalu	1.58	1.7%
68th	Samoa	1.70	5.9%
69th	Peru	1.78	2.7%
70th	Saudi Arabia	1.85	-2.6%
71st	St. Kitts and Nevis	1.86	3.5%
72nd	Romania	1.88	3.7%
73rd	Antigua and Barbuda	1.90	3.7%
74th	Poland	1.95	1.5%
75th	Barbados	2.14	-1.1%
76th	Qatar	2.21	-3.8%
77th	Libya	2.22	5.9%
78th	United Arab Emirates	2.33	-0.8%
79th	Bolivia, Plurinational State of	2.37	3.5%
80th	Papua New Guinea	2.38	4.2%
81st	Brazil	2.49	1.6%
82nd	Tajikistan	2.68	4.1%
83rd	Guatemala	3.32	1.2%
84th	Trinidad and Tobago	3.48	-2.5%
85th	Israel	3.50	1.3%
86th	China	3.53	-3.1%
87th	Morocco	3.96	1.5%
88th	Ghana	4.23	21.8%
89th	Macao SAR, China	4.56	-2.2%
90th	Botswana	5.08	0.4%
91st	Sierra Leone	5.17	7.8%
92nd	Hong Kong SAR, China	5.61	1.4%
93rd	Lesotho	5.94	1.2%
94th	Denmark	6.05	-0.1%
95th	Eswatini	6.07	-1.0%
96th	Solomon Islands	6.11	0.6%
97th	Faroe Islands	6.24	-0.4%
98th	Egypt, Arab Republic of	6.25	30.5%
99th	Namibia	6.92	0.8%
100th	Moldova	7.24	4.0%
101st	Zambia	7.37	11.7%
102nd	South Africa	7.43	1.5%
103rd	Seychelles	7.81	-3.1%
104th	Maldives	7.86	0.6%
105th	Zimbabwe	8.35	1,069.0%
106th	Sweden	8.49	-0.3%
107th	Norway	9.14	2.5%
108th	Mexico	9.92	1.7%
109th	Thailand	10.49	-1.5%
110th	Suriname	10.60	10.1%
111th	Mauritania	11.34	1.4%
112th	Honduras	11.35	2.6%
113th	Türkiye	11.42	53.9%
114th	Ukraine	11.67	9.6%
115th	Nicaragua	11.98	4.8%
116th	São Tomé and Principe	12.76	14.9%
117th	Czechia	12.82	2.0%
118th	Gambia, The	16.98	3.3%
119th	Mauritius	17.48	1.3%
120th	Philippines	19.36	0.5%
121st	North Macedonia	19.58	0.5%
122nd	India	20.42	0.6%
123rd	Dominican Republic	23.52	1.8%
124th	Mozambique	24.61	4.0%
125th	Kyrgyz Republic	26.32	2.3%
126th	Uruguay	26.40	1.8%
127th	Russian Federation	29.06	6.7%
128th	Bangladesh	29.88	4.4%
129th	Nepal	33.56	0.2%
130th	Albania	39.67	0.5%
131st	Kenya	43.27	0.6%
132nd	Algeria	43.77	0.9%
133rd	Serbia	45.08	0.8%
134th	Cabo Verde	47.27	-0.8%
135th	Pakistan	66.96	19.1%
136th	Guyana	77.19	-1.0%
137th	Djibouti	80.84	-2.8%
138th	Sri Lanka	87.27	1.4%
139th	Haiti	88.74	21.5%
140th	Jamaica	94.10	2.4%
141st	Japan	94.46	0.7%
142nd	Vanuatu	112.73	-3.0%
143rd	Iceland	141.76	2.8%
144th	Armenia	147.23	-1.0%
145th	Kazakhstan	162.33	6.4%
146th	Hungary	175.58	3.8%
147th	Nigeria	176.33	11.4%
148th	Comoros	190.92	2.5%
149th	Guinea-Bissau	195.89	-2.3%
150th	Cameroon	198.54	2.9%
151st	Mali	200.23	0.4%
152nd	Togo	201.68	-0.6%
153rd	Benin	203.10	-0.8%
154th	Burkina Faso	205.61	7.1%
155th	Senegal	212.04	-1.6%
156th	Chad	212.58	-0.3%
157th	Congo, Republic of	214.21	-2.4%
158th	Côte d'Ivoire	215.67	-0.7%
159th	Niger	217.48	5.3%
160th	Gabon	231.99	1.7%
161st	Equatorial Guinea	232.83	0.1%
162nd	Central African Republic	247.78	3.5%
163rd	Angola	265.84	21.7%
164th	Costa Rica	307.79	-3.5%
165th	Rwanda	355.09	1.3%
166th	Argentina	419.90	200.3%
167th	Chile	435.78	0.7%
168th	Myanmar	475.87	9.4%
169th	Malawi	489.02	21.7%
170th	Iraq	545.87	1.9%
171st	Sudan	729.48	235.8%
172nd	Tanzania	730.42	0.6%
173rd	Korea	809.27	-0.2%
174th	Burundi	875.88	16.5%
175th	Congo, Democratic Republic of	1,006.64	8.0%
176th	Mongolia	1,195.34	6.4%
177th	Uganda	1,244.30	2.5%
178th	Madagascar	1,309.40	5.1%
179th	Cambodia	1,343.28	-0.1%
180th	Colombia	1,443.72	1.3%
181st	Paraguay	2,618.66	0.2%
182nd	Guinea	3,185.82	4.3%
183rd	Uzbekistan	3,367.64	10.7%
184th	Lao PDR	4,381.72	11.4%
185th	Indonesia	4,747.91	-1.5%
186th	Viet Nam	6,956.93	1.7%
187th	Somalia, Fed. Rep.	11,049.72	5.8%
188th	Iran, Islamic Republic of	118,268.07	25.3%

FAQ

What was Philippines's ppp conversion factor in 2024?▾

Philippines's ppp conversion factor in 2024 was 19.36. This ranked 120th globally.

How did Philippines's ppp conversion factor change in 2024?▾

Philippines's ppp conversion factor increased by 0.5% in 2024 compared to 2023.

Which country had the highest ppp conversion factor in 2024?▾

Iran, Islamic Republic of had the highest ppp conversion factor in 2024 at 118,268.07.

What is the ppp conversion factor of Philippines in 2024?▾

The ppp conversion factor of Philippines in 2024 was 19.36. This ranked 120th globally.

How does 2024 compare to 2023 for Philippines's ppp conversion factor?▾

Philippines's ppp conversion factor went from 19.26 in 2023 to 19.36 in 2024, a 0.5% increase.

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