PPP conversion factor in the British Virgin Islands in 2017 — 1.02 per int$. Ranked 147 in the world out of 202. Since 2011, the indicator has fallen by 0.7%.
2011–2017 · local units per international $
| Year | per int$ | Change | Change, % |
|---|---|---|---|
| 2017 | 1.02 | −0.036 | −3.37% |
| 2016 | 1.056 | −0.016 | −1.46% |
| 2015 | 1.072 | +0.007 | +0.67% |
| 2014 | 1.064 | −0.012 | −1.15% |
| 2013 | 1.077 | −0.012 | −1.12% |
| 2012 | 1.089 | +0.061 | +5.97% |
| 2011 | 1.028 | — | — |
The same indicator for neighboring countries — with links to their pages
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.