PPP conversion factor — all countries

PPP conversion factor — Bahamas

PPP conversion factor in the Bahamas in 2024 — 0.956 per int$. Ranked 147 in the world out of 195. Since 1990, the indicator has fallen by 2.6%.

2024 0.956 per int$ −2.14% vs 2023
World rank 147of 195
Period maximum 0.992 per int$1999
Period minimum 0.899 per int$2011

Trend over time

1990–2024 · local units per international $

PPP conversion factor — Bahamas, 1990–20240.8750.90.9250.950.975119901994199820022006201020142018202220241990: 0.981 per int$1991: 0.974 per int$1992: 0.989 per int$1993: 0.958 per int$1994: 0.958 per int$1995: 0.946 per int$1996: 0.938 per int$1997: 0.94 per int$1998: 0.958 per int$1999: 0.992 per int$2000: 0.979 per int$2001: 0.96 per int$2002: 0.983 per int$2003: 0.975 per int$2004: 0.961 per int$2005: 0.979 per int$2006: 0.958 per int$2007: 0.96 per int$2008: 0.956 per int$2009: 0.94 per int$2010: 0.925 per int$2011: 0.899 per int$2012: 0.92 per int$2013: 0.912 per int$2014: 0.918 per int$2015: 0.956 per int$2016: 0.948 per int$2017: 0.93 per int$2018: 0.927 per int$2019: 0.931 per int$2020: 0.962 per int$2021: 0.978 per int$2022: 0.95 per int$2023: 0.977 per int$2024: 0.956 per int$
Change over the period: −0.025 (−2.56%) Average annual rate: -0.08 %
PPP conversion factor — Bahamas, by year Bahamas All countries CSV XLSX
Year per int$ Change Change, %
2024 0.956 −0.021 −2.14%
2023 0.977 +0.027 +2.84%
2022 0.95 −0.027 −2.79%
2021 0.978 +0.015 +1.59%
2020 0.962 +0.031 +3.31%
2019 0.931 +0.005 +0.52%
2018 0.927 −0.003 −0.34%
2017 0.93 −0.019 −1.95%
2016 0.948 −0.008 −0.79%
2015 0.956 +0.037 +4.08%
2014 0.918 +0.006 +0.65%
2013 0.912 −0.008 −0.82%
2012 0.92 +0.021 +2.38%
2011 0.899 −0.026 −2.86%
2010 0.925 −0.015 −1.59%
2009 0.94 −0.016 −1.64%
2008 0.956 −0.004 −0.43%
2007 0.96 +0.002 +0.23%
2006 0.958 −0.021 −2.19%
2005 0.979 +0.018 +1.86%
2004 0.961 −0.014 −1.45%
2003 0.975 −0.008 −0.8%
2002 0.983 +0.023 +2.37%
2001 0.96 −0.018 −1.86%
2000 0.979 −0.013 −1.31%
1999 0.992 +0.033 +3.49%
1998 0.958 +0.018 +1.9%
1997 0.94 +0.002 +0.2%
1996 0.938 −0.008 −0.83%
1995 0.946 −0.012 −1.27%
1994 0.958 +0 +0.05%
1993 0.958 −0.031 −3.15%
1992 0.989 +0.015 +1.59%
1991 0.974 −0.008 −0.8%
1990 0.981

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.