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

(LCU per international $)

Sao Tome and Principe is being the top country by PPP for private consumption in the world. As of 2015, PPP for private consumption in Sao Tome and Principe was 13,031.6 LCU per international $. The top 5 countries also includes Iran, Viet Nam, Indonesia, and Guinea.

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).