Sao Tome and Principe is the top country by purchasing power parity in the world. As of 2016, purchasing power parity in Sao Tome and Principe was 12,042.9 LCU per international dollars that accounts for 23.06 % of the world's purchasing power parity. The top 5 countries (others are Viet Nam, Indonesia, Guinea, and Lao People’s Democratic Republic) account for 58.17 % of it. The world's total purchasing power parity was estimated at 52,225.3 LCU per international dollars in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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 GDP.