PPP conversion factor — all countries

PPP conversion factor — United Arab Emirates

PPP conversion factor in the United Arab Emirates in 2024 — 2.327 per int$. Ranked 114 in the world out of 195. Since 1990, the indicator has risen by 109.9%.

2024 2.327 per int$ −0.83% vs 2023
World rank 114of 195
Period maximum 2.484 per int$2022
Period minimum 1.013 per int$1998

Trend over time

1990–2024 · local units per international $

PPP conversion factor — United Arab Emirates, 1990–202411.522.519901994199820022006201020142018202220241990: 1.108 per int$1991: 1.081 per int$1992: 1.076 per int$1993: 1.064 per int$1994: 1.039 per int$1995: 1.058 per int$1996: 1.099 per int$1997: 1.07 per int$1998: 1.013 per int$1999: 1.083 per int$2000: 1.181 per int$2001: 1.128 per int$2002: 1.152 per int$2003: 1.176 per int$2004: 1.242 per int$2005: 1.404 per int$2006: 1.525 per int$2007: 1.67 per int$2008: 1.943 per int$2009: 1.638 per int$2010: 1.933 per int$2011: 2.127 per int$2012: 2.188 per int$2013: 2.234 per int$2014: 2.214 per int$2015: 2.229 per int$2016: 2.242 per int$2017: 2.285 per int$2018: 2.235 per int$2019: 2.114 per int$2020: 2.089 per int$2021: 2.363 per int$2022: 2.484 per int$2023: 2.347 per int$2024: 2.327 per int$
Change over the period: +1.218 (+109.92%) Average annual rate: 2.21 %
PPP conversion factor — United Arab Emirates, by year United Arab Emirates All countries CSV XLSX
Year per int$ Change Change, %
2024 2.327 −0.02 −0.83%
2023 2.347 −0.137 −5.52%
2022 2.484 +0.121 +5.12%
2021 2.363 +0.274 +13.1%
2020 2.089 −0.025 −1.17%
2019 2.114 −0.121 −5.43%
2018 2.235 −0.05 −2.19%
2017 2.285 +0.044 +1.94%
2016 2.242 +0.013 +0.56%
2015 2.229 +0.016 +0.71%
2014 2.214 −0.021 −0.93%
2013 2.234 +0.046 +2.11%
2012 2.188 +0.061 +2.89%
2011 2.127 +0.194 +10.03%
2010 1.933 +0.295 +18.02%
2009 1.638 −0.305 −15.7%
2008 1.943 +0.272 +16.29%
2007 1.67 +0.146 +9.57%
2006 1.525 +0.121 +8.61%
2005 1.404 +0.161 +12.98%
2004 1.242 +0.067 +5.66%
2003 1.176 +0.024 +2.06%
2002 1.152 +0.025 +2.18%
2001 1.128 −0.053 −4.5%
2000 1.181 +0.097 +8.99%
1999 1.083 +0.07 +6.93%
1998 1.013 −0.057 −5.32%
1997 1.07 −0.029 −2.63%
1996 1.099 +0.041 +3.87%
1995 1.058 +0.018 +1.77%
1994 1.039 −0.025 −2.35%
1993 1.064 −0.011 −1.07%
1992 1.076 −0.005 −0.46%
1991 1.081 −0.028 −2.49%
1990 1.108

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.