PPP conversion factor — all countries

PPP conversion factor — Iraq

PPP conversion factor in Iraq in 2025 — 492.934 per int$. Ranked 22 in the world out of 185. Since 1995, the indicator has risen by 604.9%.

2025 492.934 per int$ −9.57% vs 2024
World rank 22of 185
Period maximum 657.11 per int$2022
Period minimum 60.056 per int$1996

Trend over time

1995–2025 · local units per international $

PPP conversion factor — Iraq, 1995–20250200400600800199519982001200420072010201320162019202220251995: 69.927 per int$1996: 60.056 per int$1997: 113.057 per int$1998: 93.968 per int$1999: 158.583 per int$2000: 193.444 per int$2001: 152.954 per int$2002: 162.915 per int$2003: 181.898 per int$2004: 207.795 per int$2005: 273.715 per int$2006: 326.741 per int$2007: 364.056 per int$2008: 464.953 per int$2009: 371.895 per int$2010: 428.374 per int$2011: 523.34 per int$2012: 524.503 per int$2013: 528.635 per int$2014: 553.361 per int$2015: 555.268 per int$2016: 563.815 per int$2017: 552.902 per int$2018: 554.961 per int$2019: 547.339 per int$2020: 484.265 per int$2021: 554.465 per int$2022: 657.11 per int$2023: 535.226 per int$2024: 545.082 per int$2025: 492.934 per int$
Change over the period: +423.006 (+604.92%) Average annual rate: 6.73 %
PPP conversion factor — Iraq, by year Iraq All countries CSV XLSX
Year per int$ Change Change, %
2025 492.934 −52.149 −9.57%
2024 545.082 +9.857 +1.84%
2023 535.226 −121.885 −18.55%
2022 657.11 +102.645 +18.51%
2021 554.465 +70.201 +14.5%
2020 484.265 −63.074 −11.52%
2019 547.339 −7.622 −1.37%
2018 554.961 +2.059 +0.37%
2017 552.902 −10.913 −1.94%
2016 563.815 +8.547 +1.54%
2015 555.268 +1.907 +0.34%
2014 553.361 +24.725 +4.68%
2013 528.635 +4.133 +0.79%
2012 524.503 +1.162 +0.22%
2011 523.34 +94.966 +22.17%
2010 428.374 +56.479 +15.19%
2009 371.895 −93.058 −20.01%
2008 464.953 +100.897 +27.71%
2007 364.056 +37.315 +11.42%
2006 326.741 +53.026 +19.37%
2005 273.715 +65.919 +31.72%
2004 207.795 +25.898 +14.24%
2003 181.898 +18.982 +11.65%
2002 162.915 +9.961 +6.51%
2001 152.954 −40.49 −20.93%
2000 193.444 +34.862 +21.98%
1999 158.583 +64.615 +68.76%
1998 93.968 −19.089 −16.88%
1997 113.057 +53.001 +88.25%
1996 60.056 −9.871 −14.12%
1995 69.927

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.