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Serbia – PPP Conversion Factor 2024

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
45.08 +0.37 from 2023 G20 rank: 133rd

Serbia's ppp conversion factor was 45.08 in 2024, increased +0.37 from 44.71 in 2023. This was the 133rd highest in the G20.

G20 Ranking – 2024▾
RankCountryValueYoY
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%
Source: World Bank (PA.NUS.PPP)
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Related
2023 All years Full ranking 2024 Inflation Rate Consumer Price Index Peak: 2024 Lowest: 1995 PPP Conversion Factor 1990s PPP Conversion Factor 2000s PPP Conversion Factor 2010s PPP Conversion Factor 2020s Highest ever Lowest ever Average vs Nauru vs Argentina vs Maldives vs China G20 Ranking