PPP conversion factor in Cuba in 2011 — 0.322 per int$. Ranked 197 in the world out of 204. Since 2011, the indicator has risen by 0%.
2011–2011 · local units per international $
| Year | per int$ | Change | Change, % |
|---|---|---|---|
| 2011 | 0.322 | — | — |
The same indicator for neighboring countries — with links to their pages
Jamaica
53.805
Dominican Republic
18.976
Haiti
18.495
Trinidad and Tobago
3.95
Barbados
2.019
Saint Kitts and Nevis
1.961
Dominica
1.87
Saint Lucia
1.83
Grenada
1.771
Antigua and Barbuda
1.691
Saint Vincent and the Grenadines
1.636
Sint Maarten
1.346
Curaçao
1.325
Aruba
1.303
Turks and Caicos Islands
1.028
British Virgin Islands
1.028
United States Virgin Islands
1
Cayman Islands
0.942
Bahamas
0.899
Puerto Rico
0.857
Cuba
0.322
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.