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Inflation and Prices - Purchasing power parity conversion factor for private consumption

(LCU per international dollars)

Sao Tome and Principe is the top country by PPP for private consumption in the world. As of 2016, PPP for private consumption in Sao Tome and Principe was 13,568.3 LCU per international dollars that accounts for 27.15 % of the world's PPP for private consumption. The top 5 countries (others are Iran, Indonesia, Guinea, and Lao People’s Democratic Republic) account for 75.68 % of it. The world's total PPP for private consumption was estimated at 49,968.2 LCU per international dollars in 2016.

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Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure).