PPP conversion factor — all countries

PPP conversion factor — Serbia

PPP conversion factor in Serbia in 2025 — 46.797 per int$. Ranked 55 in the world out of 185. Since 1995, the indicator has risen by 2,725.9%.

2025 46.797 per int$ +3.81% vs 2024
World rank 55of 185
Period maximum 46.797 per int$2025
Period minimum 1.656 per int$1995

Trend over time

1995–2025 · local units per international $

PPP conversion factor — Serbia, 1995–20250204060199519982001200420072010201320162019202220251995: 1.656 per int$1996: 3.018 per int$1997: 3.498 per int$1998: 4.309 per int$1999: 5.476 per int$2000: 9.597 per int$2001: 17.827 per int$2002: 20.358 per int$2003: 22.638 per int$2004: 24.096 per int$2005: 27.033 per int$2006: 28.831 per int$2007: 30.419 per int$2008: 31.324 per int$2009: 33.246 per int$2010: 34.843 per int$2011: 36.324 per int$2012: 37.983 per int$2013: 39.323 per int$2014: 39.802 per int$2015: 40.737 per int$2016: 40.455 per int$2017: 40.821 per int$2018: 41.004 per int$2019: 39.65 per int$2020: 39.76 per int$2021: 41.109 per int$2022: 42.818 per int$2023: 44.711 per int$2024: 45.079 per int$2025: 46.797 per int$
Change over the period: +45.141 (+2,725.86%) Average annual rate: 11.78 %
PPP conversion factor — Serbia, by year Serbia All countries CSV XLSX
Year per int$ Change Change, %
2025 46.797 +1.718 +3.81%
2024 45.079 +0.367 +0.82%
2023 44.711 +1.893 +4.42%
2022 42.818 +1.709 +4.16%
2021 41.109 +1.348 +3.39%
2020 39.76 +0.111 +0.28%
2019 39.65 −1.355 −3.3%
2018 41.004 +0.183 +0.45%
2017 40.821 +0.366 +0.91%
2016 40.455 −0.283 −0.69%
2015 40.737 +0.935 +2.35%
2014 39.802 +0.479 +1.22%
2013 39.323 +1.34 +3.53%
2012 37.983 +1.659 +4.57%
2011 36.324 +1.481 +4.25%
2010 34.843 +1.597 +4.8%
2009 33.246 +1.922 +6.14%
2008 31.324 +0.905 +2.98%
2007 30.419 +1.589 +5.51%
2006 28.831 +1.798 +6.65%
2005 27.033 +2.937 +12.19%
2004 24.096 +1.459 +6.44%
2003 22.638 +2.28 +11.2%
2002 20.358 +2.53 +14.19%
2001 17.827 +8.231 +85.77%
2000 9.597 +4.121 +75.25%
1999 5.476 +1.167 +27.07%
1998 4.309 +0.811 +23.2%
1997 3.498 +0.48 +15.9%
1996 3.018 +1.362 +82.25%
1995 1.656

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.