PPP conversion factor — all countries

PPP conversion factor — Syria

PPP conversion factor in Syria in 2022 — 807.957 per int$. Ranked 17 in the world out of 199. Since 2017, the indicator has risen by 507.5%.

2022 807.957 per int$ +93.6% vs 2021
World rank 17of 199
Period maximum 807.957 per int$2022
Period minimum 132.996 per int$2017

Trend over time

2017–2022 · local units per international $

PPP conversion factor — Syria, 2017–202202505007501,0002017201820192020202120222017: 132.996 per int$2018: 141.603 per int$2019: 163.027 per int$2020: 237.009 per int$2021: 417.322 per int$2022: 807.957 per int$
Change over the period: +674.961 (+507.51%) Average annual rate: 43.45 %
PPP conversion factor — Syria, by year Syria All countries CSV XLSX
Year per int$ Change Change, %
2022 807.957 +390.635 +93.6%
2021 417.322 +180.313 +76.08%
2020 237.009 +73.982 +45.38%
2019 163.027 +21.424 +15.13%
2018 141.603 +8.607 +6.47%
2017 132.996

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.