PPP conversion factor — all countries

PPP conversion factor — San Marino

PPP conversion factor in San Marino in 2023 — 0.703 per int$. Ranked 165 in the world out of 197. Since 1997, the indicator has fallen by 6.3%.

2023 0.703 per int$ +3.52% vs 2022
World rank 165of 197
Period maximum 0.771 per int$2003
Period minimum 0.679 per int$2022

Trend over time

1997–2023 · local units per international $

PPP conversion factor — San Marino, 1997–20230.6750.70.7250.750.77519972000200320062009201220152018202120231997: 0.749 per int$1998: 0.755 per int$1999: 0.756 per int$2000: 0.758 per int$2001: 0.761 per int$2002: 0.768 per int$2003: 0.771 per int$2004: 0.766 per int$2005: 0.755 per int$2006: 0.747 per int$2007: 0.713 per int$2008: 0.72 per int$2009: 0.722 per int$2010: 0.724 per int$2011: 0.71 per int$2012: 0.728 per int$2013: 0.754 per int$2014: 0.729 per int$2015: 0.744 per int$2016: 0.756 per int$2017: 0.763 per int$2018: 0.746 per int$2019: 0.725 per int$2020: 0.705 per int$2021: 0.707 per int$2022: 0.679 per int$2023: 0.703 per int$
Change over the period: −0.047 (−6.25%) Average annual rate: -0.25 %
PPP conversion factor — San Marino, by year San Marino All countries CSV XLSX
Year per int$ Change Change, %
2023 0.703 +0.024 +3.52%
2022 0.679 −0.029 −4.06%
2021 0.707 +0.003 +0.4%
2020 0.705 −0.021 −2.83%
2019 0.725 −0.02 −2.75%
2018 0.746 −0.017 −2.23%
2017 0.763 +0.007 +0.91%
2016 0.756 +0.011 +1.53%
2015 0.744 +0.015 +2.06%
2014 0.729 −0.024 −3.22%
2013 0.754 +0.026 +3.53%
2012 0.728 +0.018 +2.47%
2011 0.71 −0.014 −1.87%
2010 0.724 +0.002 +0.21%
2009 0.722 +0.003 +0.38%
2008 0.72 +0.006 +0.89%
2007 0.713 −0.034 −4.56%
2006 0.747 −0.008 −1.04%
2005 0.755 −0.011 −1.42%
2004 0.766 −0.005 −0.66%
2003 0.771 +0.004 +0.47%
2002 0.768 +0.006 +0.82%
2001 0.761 +0.003 +0.44%
2000 0.758 +0.002 +0.3%
1999 0.756 +0.001 +0.14%
1998 0.755 +0.005 +0.7%
1997 0.749

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.