PPP conversion factor — all countries

PPP conversion factor — British Virgin Islands

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%.

2017 1.02 per int$ −3.37% vs 2016
World rank 147of 202
Period maximum 1.089 per int$2012
Period minimum 1.02 per int$2017

Trend over time

2011–2017 · local units per international $

PPP conversion factor — British Virgin Islands, 2011–20171.021.041.061.081.120112012201320142015201620172011: 1.028 per int$2012: 1.089 per int$2013: 1.077 per int$2014: 1.064 per int$2015: 1.072 per int$2016: 1.056 per int$2017: 1.02 per int$
Change over the period: −0.007 (−0.71%) Average annual rate: -0.12 %
PPP conversion factor — British Virgin Islands, by year British Virgin Islands All countries CSV XLSX
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

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.