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PPP Conversion Factor (GDP)

(Source: World Bank)

Price level ratio of PPP conversion factor (GDP) to market exchange rate: The price level ratio, or price level index, is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries

Table below captures country-wise trend in Price level ratio of PPP conversion factor (GDP) to market exchange rate

In 2024, Price level ratio of PPP conversion factor (GDP) to market exchange rate was 20.5 for India, 3.5 for China, and by definition 1.0 for US


YearIndiaChinaUnited StatesAfghanistanAlbaniaAlgeriaAngolaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahrainBangladeshBarbadosBelarusBelgiumBelizeBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBritish Virgin IslandsBrunei DarussalamBulgariaCambodiaCameroonCanadaCentral African RepublicChadChileColombiaCongo Dem RepCongo RepCosta RicaCote dIvoireCroatiaCubaCyprusCzechiaDenmarkDjiboutiDominican RepublicEcuadorEgypt Arab RepEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGreenlandGuatemalaGuyanaHondurasHong Kong SAR ChinaHungaryIcelandIndonesiaIran Islamic RepIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKorea Dem Peoples RepKorea RepKuwaitKyrgyz RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaltaMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth MacedoniaNorwayOmanPakistanPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalPuerto Rico (US)QatarRomaniaRussian FederationRwandaSan MarinoSaudi ArabiaSenegalSerbiaSeychellesSingaporeSlovak RepublicSloveniaSomaliaSouth AfricaSouth SudanSpainSri LankaSudanSurinameSwedenSwitzerlandSyrian Arab RepublicTajikistanTanzaniaThailandTimor-LesteTogoTongaTrinidad and TobagoTunisiaTurkiyeTurkmenistanUgandaUkraineUnited Arab EmiratesUnited KingdomUruguayUzbekistanVenezuela RBViet NamVirgin Islands (US)Yemen RepZambiaZimbabwe
202420.53.51.039.743.0256.5420.1146.31.40.70.50.229.92.20.80.71.12.50.75.12.50.50.81342.8191.11.1247.7208.0455.21500.21069.0214.2318.5214.70.50.613.06.279.923.50.46.30.4232.80.627.10.90.80.7231.70.90.74.30.53.378.011.45.6179.0145.84747.9117170.2545.90.83.60.694.295.10.3160.944.9838.90.226.30.55.90.52.20.50.81309.4475.31.47.70.611.417.810.17.21187.80.43.924.3475.96.933.60.81.512.0217.5185.219.99.20.266.90.52.42618.71.819.42.00.50.82.21.929.1355.11.9206.945.97.80.80.50.611188.87.40.687.3729.011.28.61.02.7730.410.50.3195.33.60.911.61.51237.411.72.30.726.43367.66956.97.710.0
202320.33.61.014.840.643.3209.8139.7148.11.41.40.70.50.228.62.20.80.71.119.52.30.75.12.50.50.81344.1194.91.1239.3204.6437.11446.0957.7219.4328.3214.40.40.613.26.483.123.10.44.80.4232.60.622.10.90.80.7235.90.90.73.50.55.13.378.011.15.5173.7143.94819.789391.8535.70.83.60.692.095.30.3152.543.3828.40.225.70.523736.85.90.52.20.50.91246.1382.31.47.80.611.117.59.97.01123.90.43.923.7435.06.933.50.81.511.4206.5165.720.19.20.256.20.52.32614.41.719.32.00.50.82.31.827.2350.51.9215.646.38.10.80.50.610450.27.30.686.1217.29.68.81.01757.52.6725.910.70.3194.71.53.60.97.41.51214.210.62.40.725.93041.76840.66.60.9
202220.53.81.014.939.844.5184.861.5149.41.31.40.70.60.227.82.20.70.71.119.42.40.75.22.40.60.71378.5192.91.2239.4211.8436.51373.9868.9245.9340.1216.60.40.612.86.284.122.60.44.00.4261.00.617.30.90.80.7262.40.90.72.60.55.23.294.110.85.6156.5138.44917.970968.1657.00.73.50.685.694.50.3144.342.3816.60.222.30.58118.36.10.42.40.50.81201.2322.51.57.90.611.217.09.86.6956.20.33.823.3406.86.732.80.71.410.7206.7152.418.58.50.246.20.52.52650.81.719.11.80.50.82.61.726.1324.30.72.0216.742.78.00.90.50.510343.67.20.676.4173.57.58.41.0826.42.6731.910.90.4196.61.54.30.94.51.61178.49.22.50.626.02768.56941.50.96.40.1
202120.74.01.014.641.238.8174.138.8148.21.41.40.70.50.228.32.40.70.71.119.62.50.74.82.40.50.71427.0193.51.2241.9215.5423.01340.3845.5222.8334.1225.30.40.612.66.390.222.10.53.90.4229.04.90.513.70.90.80.7244.90.90.72.20.55.33.289.910.65.9148.4142.64808.450488.2554.50.83.70.681.399.20.3129.142.3829.90.219.90.54099.56.20.41.80.40.81173.9294.91.58.20.612.016.610.16.0870.20.34.022.9410.56.732.50.71.510.6212.9146.717.99.00.243.40.52.32628.11.719.41.80.50.82.21.723.7300.00.71.9212.341.18.50.80.50.510268.47.4126.70.655.585.75.48.41.1417.32.5763.011.20.4202.21.63.90.92.81.51203.27.32.40.726.52591.17120.00.96.40.0
202020.34.01.015.340.237.4146.926.9141.91.41.40.70.50.228.72.30.60.71.119.02.60.64.72.30.50.71433.8205.11.2249.9228.3409.81270.7827.0240.5328.0226.30.40.612.26.491.521.20.53.70.4242.65.00.511.80.90.80.7262.60.80.72.00.55.53.284.010.56.2141.8143.34791.032954.6484.30.83.80.677.3100.70.3124.942.8829.40.218.40.51261.45.90.40.80.40.81145.7298.41.58.50.611.616.69.85.6822.10.34.022.8354.66.831.70.81.410.6222.8134.618.19.60.240.10.52.22539.01.719.41.70.50.92.31.623.2321.50.71.9224.139.88.00.80.50.59178.87.30.655.226.03.78.41.1237.02.4779.011.40.3208.51.63.90.82.11.51240.96.42.10.725.72353.47065.01.05.50.0
201920.24.11.015.040.638.4124.420.4147.51.41.50.70.50.229.62.20.60.71.219.52.60.74.82.20.60.71468.9214.91.2267.3222.6397.71312.6786.3254.9324.2227.50.40.612.16.593.421.20.53.90.4242.34.70.510.41.00.80.7273.40.80.71.90.55.53.2100.910.66.2138.8138.74847.523549.0547.30.83.80.774.1103.20.3126.242.7847.60.218.70.5637.56.10.40.90.40.81121.7298.71.67.80.611.616.89.55.8851.20.34.223.4350.77.131.90.81.410.9231.9129.718.39.50.237.70.52.22567.51.719.71.70.60.92.31.623.9311.90.71.9229.939.77.90.90.50.58741.27.10.651.711.02.78.61.1163.02.4816.011.80.3218.61.64.00.81.81.51258.36.62.10.725.12111.37191.21.04.80.0
201820.54.11.014.942.338.9111.413.5157.41.41.50.80.50.229.42.20.70.81.319.42.70.74.82.20.60.71468.9223.21.2279.2236.5396.21322.2801.6267.6337.9239.30.40.612.46.895.021.70.53.60.5244.45.00.59.31.00.90.8274.40.80.71.80.65.63.3101.010.56.3139.1141.04833.616923.2555.00.83.80.771.6104.20.3130.142.2854.90.218.50.5629.15.90.40.80.50.91079.1286.31.68.00.611.317.19.35.9824.50.44.223.6343.67.131.10.81.510.8251.9123.919.09.60.234.70.52.22537.21.820.01.80.60.92.41.724.5312.70.81.9238.741.08.00.90.50.67866.26.90.650.07.12.88.91.2141.62.5849.012.20.3228.71.64.20.81.61.51253.76.62.20.724.31799.97275.81.04.50.0
201720.54.01.015.442.337.595.810.3154.81.41.50.80.50.229.42.20.60.81.319.22.70.74.72.21.00.60.71464.9230.61.2284.0236.6397.71328.0637.3288.9341.0243.20.40.612.46.999.520.90.53.20.5246.05.40.58.30.90.90.8271.60.80.71.70.65.63.3104.210.16.1136.0138.34756.213061.3552.90.83.80.768.5105.10.3121.641.3872.60.217.00.5619.05.40.40.80.40.9990.8262.31.68.20.610.816.58.95.7801.70.43.923.3366.66.930.50.81.410.5250.8114.819.09.80.233.30.52.02473.21.719.71.70.61.02.31.624.1320.40.81.7243.640.87.80.90.50.67390.76.437.20.649.34.82.68.91.2133.02.4889.512.40.4231.81.64.20.81.41.51251.66.02.30.723.31432.97211.61.04.20.0
201619.73.91.015.942.436.082.99.3160.21.41.50.80.40.228.22.10.60.81.318.82.80.74.52.21.10.70.71432.0235.61.2277.8240.9397.31298.1488.9308.9343.0243.60.50.612.67.1100.720.30.52.50.5265.35.70.57.90.90.90.8282.70.80.81.50.65.53.4105.310.26.0132.0140.04566.611796.8563.80.83.80.766.7105.50.3111.140.3858.80.216.80.5643.85.00.50.60.40.9923.5229.41.68.20.611.816.38.55.5737.10.43.920.2347.06.331.40.81.410.4250.7104.519.010.00.232.10.51.92456.91.719.21.70.60.92.51.624.2307.70.81.7242.040.57.70.90.50.67239.56.213.60.646.23.52.48.81.22.1852.212.40.4236.91.54.10.81.21.51196.85.12.20.722.51180.07163.81.13.90.0
201519.13.81.015.842.734.269.66.9172.11.41.50.80.40.227.12.10.50.81.318.62.90.74.42.01.10.70.71419.6239.21.3281.7247.2391.41285.0504.3305.9357.3243.60.50.712.97.399.020.70.62.30.5275.35.80.57.70.90.90.8291.20.80.81.20.65.43.3102.110.35.9132.5141.94390.710701.6555.30.83.90.765.9103.50.3100.639.8857.40.217.20.5682.24.70.50.60.50.9872.9192.11.58.30.612.716.78.35.6723.20.43.918.5318.95.929.50.81.510.4245.096.219.49.90.231.30.51.92413.51.719.21.80.60.92.51.723.6296.70.71.6240.540.78.00.90.50.67393.55.83.40.745.13.01.88.91.22.0806.512.30.4236.21.54.30.71.21.61114.24.62.20.721.11058.77290.21.03.40.0
201418.33.71.016.142.933.466.05.5164.61.31.50.80.40.225.72.20.50.81.318.73.00.74.31.81.10.60.71403.7238.01.2289.5296.0367.21226.7526.7310.2358.3241.30.50.712.77.398.921.00.52.10.5282.56.00.57.10.90.90.8305.90.70.81.00.65.03.5101.410.35.7129.4138.64056.79758.6553.40.83.90.763.2103.10.393.038.8871.90.216.10.5707.84.60.50.70.40.9814.7149.41.58.20.613.416.78.15.3688.20.44.018.8294.05.627.80.81.410.0240.492.319.09.30.230.30.51.92354.51.619.01.80.60.92.41.621.0294.90.71.7242.039.87.80.90.50.67703.55.62.70.744.32.71.88.71.31.7760.912.30.4234.31.44.40.71.11.61065.73.52.20.719.5935.27380.01.03.10.0
201317.33.61.016.944.133.066.74.0159.41.31.50.80.40.224.92.10.40.81.318.13.00.74.11.71.10.70.71351.4240.31.2253.5305.4349.71210.7556.6313.0354.5243.80.50.712.87.498.120.70.51.90.5288.56.10.57.00.90.90.8313.30.70.80.90.65.13.5101.910.25.6125.0137.03781.88503.9528.60.83.80.759.6101.30.386.338.0869.10.215.40.5754.24.40.50.70.40.9771.8116.21.58.30.614.416.57.95.0633.40.43.818.6278.55.426.60.81.59.6239.790.019.19.00.228.40.61.92291.11.618.51.80.60.92.21.619.5301.40.81.7246.139.37.90.90.50.68032.85.32.50.742.92.21.98.61.31.7707.512.20.5238.01.44.30.71.11.61036.93.02.20.718.2804.37308.41.193.62.80.0
201216.13.51.016.943.732.466.03.2157.81.31.50.80.40.223.72.10.30.81.217.13.00.74.01.61.10.70.71342.4241.81.2261.7284.0347.21205.6582.0314.6352.1240.00.50.713.37.697.220.10.61.70.5294.56.40.56.60.90.90.8324.70.70.80.80.75.13.6104.710.35.5125.6137.03577.56093.6524.50.84.00.856.6104.30.383.938.2854.90.215.30.5786.14.40.60.70.50.9740.195.01.58.20.615.316.47.95.0578.90.43.718.1267.55.225.90.81.59.3232.386.719.09.00.226.60.61.82279.11.618.11.80.60.92.21.619.6298.50.71.7245.138.07.60.90.50.67863.45.12.30.741.41.71.98.71.41.7650.212.20.4236.61.54.10.61.01.61000.83.32.20.716.9706.97137.11.188.82.70.0
201115.63.51.016.643.929.564.62.7163.71.31.50.80.40.223.42.00.20.81.216.43.00.73.71.51.00.70.71371.2238.71.2256.8258.1348.01168.2532.1309.3344.6236.90.50.30.713.47.593.619.00.51.70.5297.56.10.55.01.00.90.8325.70.80.80.70.75.03.6100.310.15.2124.3135.23512.84758.9523.30.83.90.853.8107.50.382.135.4854.60.215.70.5788.84.10.60.60.50.9694.978.81.57.90.615.915.97.75.0533.50.43.716.9261.84.725.30.81.58.7226.178.819.39.10.225.00.61.92126.71.518.11.80.60.92.21.618.4276.70.71.6241.336.36.90.90.50.68001.04.81.60.739.31.21.98.81.41.6546.112.40.5228.61.54.00.61.01.4856.23.22.10.715.3602.02.76915.31.081.52.50.0
201014.63.31.014.544.225.750.02.3160.21.31.50.80.30.222.22.00.10.81.115.42.70.73.31.40.60.71333.5237.51.2252.0243.7359.81120.8477.2284.5336.2228.70.50.713.77.617.90.51.50.5259.45.20.54.30.90.90.9295.00.80.80.60.75.03.599.99.55.1126.4132.93336.23925.1428.40.94.00.851.9111.70.369.532.8841.00.213.10.5781.83.80.50.50.50.9642.570.51.47.10.614.015.77.74.7473.00.43.816.9242.34.720.40.91.58.1222.073.218.79.20.221.90.51.82065.31.517.81.80.60.91.91.515.8263.40.71.4237.134.87.00.90.50.68408.94.61.20.738.61.01.79.01.51.4496.712.20.4226.91.53.50.60.91.3798.82.91.90.714.2505.22.15813.21.070.42.30.0
200913.43.21.014.244.322.538.31.9150.41.31.40.80.30.220.91.70.10.91.114.42.50.73.11.30.60.71270.1238.71.2244.7233.7354.31092.8399.9222.5319.1228.10.50.713.67.717.20.51.40.5210.26.30.54.30.90.90.9256.20.70.80.50.74.93.397.39.25.2127.7122.02929.53428.3371.90.94.00.847.8115.20.358.932.7828.40.112.10.5786.83.70.50.40.50.9590.063.71.37.00.611.615.77.54.3344.00.43.815.8229.14.517.90.91.57.7217.158.518.49.10.120.00.51.71997.41.417.21.90.60.81.81.614.0258.40.71.2236.233.37.20.90.50.710054.14.41.10.736.40.81.68.91.51.3459.511.90.4229.91.43.10.60.91.3765.42.51.70.713.6366.91.55249.91.057.72.00.0
200812.63.21.014.644.624.546.31.7147.71.31.50.90.40.219.71.70.10.91.113.82.60.82.71.20.70.71268.4231.81.2244.5239.1340.41056.6303.3284.0292.7226.70.50.713.97.916.80.51.30.5267.24.90.63.50.90.90.9314.60.70.80.50.74.73.396.88.65.2131.0114.52722.33297.8465.00.93.90.843.1116.90.356.629.5785.70.211.70.6717.83.60.50.60.50.9555.259.41.46.30.611.715.97.54.2339.90.43.815.7219.84.315.60.91.57.3209.758.419.38.90.217.90.51.81939.01.416.91.80.60.82.31.614.3242.60.71.5241.731.35.60.80.50.69881.34.11.20.734.60.81.58.81.51.1424.011.90.4224.31.34.40.60.91.2672.22.32.00.712.6314.81.44973.20.963.51.90.0
200711.73.01.014.644.621.739.51.4142.01.31.40.90.30.218.61.70.10.91.113.42.40.72.51.10.70.71156.6225.21.2232.7218.9323.91000.2256.6248.9267.8219.30.50.714.38.215.50.41.20.5227.24.30.62.70.90.90.9266.20.60.80.40.74.93.090.08.15.3134.0107.32348.52814.7364.11.03.70.838.7120.30.247.726.1770.10.19.70.6680.43.10.40.50.50.9526.554.01.35.70.610.815.37.44.0285.30.43.715.2197.23.915.00.91.56.4194.155.219.58.90.216.50.51.71761.11.416.11.90.70.81.91.514.0216.10.71.3227.730.44.40.90.60.69868.53.90.730.30.81.38.91.50.9371.311.50.4209.61.33.60.50.90.8644.11.81.70.711.8253.11.14132.11.153.81.80.0
200611.32.91.012.244.420.838.91.2139.91.21.40.90.20.218.01.60.10.91.113.12.30.72.51.10.60.61093.8230.21.2234.7228.9318.6976.5219.2239.5248.9218.50.50.714.48.314.80.41.10.5226.54.10.52.40.91.00.9262.30.60.90.40.75.02.982.17.85.3131.5101.62168.12351.5326.71.03.80.835.7124.50.242.424.8772.20.18.70.5677.63.50.40.50.50.9490.353.31.35.30.610.214.57.13.5262.50.33.714.6163.83.714.30.91.56.0186.252.918.98.80.115.30.51.71605.91.416.01.90.60.81.81.412.6196.50.81.2219.428.84.00.80.60.69791.43.70.727.30.71.39.11.60.7349.611.60.3205.11.33.30.50.80.7616.51.51.60.711.0213.21.03871.31.149.81.60.0
200510.72.81.011.745.519.434.31.1137.81.21.40.90.20.117.51.60.10.91.112.72.00.72.41.10.60.61055.8231.91.2234.2211.2333.7951.3199.4221.7227.0222.20.50.714.68.614.30.41.00.5206.73.80.52.20.81.00.9246.10.60.90.30.75.12.980.17.75.4130.995.81959.02115.5273.71.03.70.933.8129.60.235.923.7788.90.18.20.4692.43.30.40.40.41.0456.345.81.35.00.69.213.77.13.2221.80.43.814.0139.23.513.80.91.55.7189.144.119.39.00.114.90.51.61520.71.415.71.90.70.81.71.412.7197.70.81.1219.827.04.10.90.60.610837.73.60.825.30.71.29.51.70.6341.511.30.3212.51.13.30.50.80.6620.51.41.40.710.5178.00.83675.71.145.21.40.0
200410.52.81.010.944.917.824.81.0137.71.21.40.90.20.117.31.60.10.91.112.32.00.72.11.00.50.61008.1236.01.2231.8177.1321.3936.6158.3188.4207.2226.30.50.714.48.513.90.41.00.5149.53.60.52.10.81.00.9211.40.60.90.30.75.42.876.77.45.6128.493.31767.11815.7207.81.03.50.931.3134.40.231.523.3794.70.17.90.4721.83.20.40.30.41.0397.642.71.24.70.68.313.67.03.0190.50.43.913.4120.53.413.40.91.55.4179.637.919.39.10.114.60.51.41388.61.415.31.80.70.71.41.311.6187.00.81.0216.524.14.20.90.60.69630.53.50.823.60.61.09.31.70.6331.011.10.3207.01.13.00.50.80.6651.31.11.30.710.8151.20.73190.71.039.31.30.0
200310.22.71.010.144.616.419.10.9133.11.21.40.90.20.117.01.50.10.91.112.11.90.72.01.00.50.6962.9242.01.2249.1165.7308.3896.5152.8165.7187.7238.30.50.714.28.79.90.40.90.5131.33.00.52.00.81.00.9201.40.50.90.30.75.62.773.87.16.0122.092.61671.71495.1181.91.03.60.828.5139.60.227.822.3791.30.17.70.4750.53.00.30.30.41.0358.338.21.24.40.67.613.16.72.9167.60.33.913.0119.43.413.20.91.55.1183.832.220.19.20.114.00.51.51275.01.314.81.80.70.81.21.29.9172.90.80.9222.622.63.50.90.50.69260.23.40.822.30.50.99.51.70.5318.011.00.4216.81.02.80.50.70.6578.71.01.20.710.1134.00.53021.71.035.41.10.0
200210.02.71.09.242.915.310.00.8129.71.21.30.90.20.116.31.50.00.91.211.91.80.71.90.90.40.6950.8242.11.2250.6168.8301.4855.8137.4176.4173.0235.30.50.714.58.67.50.30.90.5133.12.50.51.80.81.00.9205.80.50.90.20.75.32.671.96.96.5118.191.11616.01347.6162.91.03.50.826.0143.80.225.421.4769.80.17.60.4753.43.00.30.20.41.0371.735.31.24.50.67.512.66.62.5155.10.34.012.8101.13.413.10.91.54.9187.729.920.09.10.113.70.51.51129.21.314.61.80.70.71.11.09.3146.50.80.9229.120.43.30.90.50.68885.13.20.720.90.50.89.41.70.4299.111.00.4227.60.92.60.50.60.6547.40.91.20.78.8107.80.42876.80.932.60.90.0
20019.82.71.08.842.815.34.20.6128.71.21.30.90.20.116.01.60.00.91.211.51.80.72.00.80.40.6946.7239.21.2260.7168.2296.2820.2106.0182.4160.0228.50.50.714.38.77.20.30.90.5137.32.20.51.90.81.00.9207.20.50.90.20.75.32.571.16.66.8114.488.31549.81066.9153.01.03.40.824.2149.60.224.421.6756.70.17.50.4729.22.60.30.20.41.0324.022.11.24.50.67.112.06.32.3148.00.34.011.972.53.212.80.91.54.8185.925.120.59.20.113.40.51.3972.21.314.31.80.70.71.10.88.3156.90.80.9228.317.83.30.90.50.68376.42.90.819.60.40.69.41.80.4283.211.00.4220.10.92.80.50.40.5574.10.91.20.77.975.20.32790.430.40.80.0
20009.72.71.010.242.015.82.10.7126.51.11.30.90.20.115.81.60.00.91.311.11.80.71.80.80.50.5909.8238.71.2265.5151.2290.4787.362.6216.6149.1218.60.50.714.38.76.90.20.90.5159.51.90.52.10.81.00.9226.00.50.90.10.75.22.472.56.37.1110.184.71386.5950.2193.40.93.40.823.0154.70.222.621.7747.70.17.20.4757.12.40.30.20.51.0307.018.01.23.10.66.911.66.12.1137.10.34.110.659.42.912.60.91.44.6181.023.319.99.10.113.00.51.3872.51.413.81.80.70.71.10.67.3161.10.80.9218.29.63.20.90.50.57912.82.80.719.10.40.59.21.80.3276.311.00.3221.40.92.80.50.30.5561.50.81.20.77.753.00.32780.430.30.70.0
19999.62.71.041.113.10.40.7131.21.11.30.90.20.115.61.60.00.91.310.61.80.71.60.70.50.5972.1240.41.2250.2146.8284.1724.32.3150.7139.4220.00.50.714.28.86.60.30.80.4111.31.60.52.00.81.01.0180.50.51.00.10.75.22.369.55.87.5104.679.31177.2777.8158.60.93.50.821.2162.00.219.720.9754.90.15.80.4790.82.30.20.20.51.0281.414.11.13.10.66.611.55.61.7125.10.24.29.759.32.712.30.91.44.3179.419.419.09.30.112.80.51.1778.21.313.31.70.70.70.90.45.5159.50.80.8220.35.53.20.90.50.57060.52.60.718.20.30.39.31.80.2261.111.10.3205.80.92.60.50.20.4516.80.71.10.77.636.80.22749.625.10.50.0
19989.42.81.040.712.00.10.7133.01.11.30.90.20.115.31.60.00.91.310.11.70.61.50.70.40.5973.6246.61.2243.8161.1281.9652.30.4118.1127.3224.90.50.714.08.76.40.40.80.581.11.60.42.00.81.01.0153.60.41.00.10.75.22.263.45.58.097.876.71045.7598.994.00.93.40.820.1166.40.217.620.4775.10.14.30.4795.52.20.20.10.51.0266.210.21.13.00.66.410.95.01.2114.50.24.39.049.02.611.50.91.54.0181.217.418.89.30.112.20.51.0713.01.312.71.70.70.70.80.33.3167.70.80.8224.64.33.21.00.50.56259.82.50.717.70.30.29.41.80.2237.411.60.3206.40.82.50.50.10.4524.70.51.00.77.525.90.22637.319.10.40.0
19978.82.81.038.712.60.10.7121.51.11.30.90.20.114.81.50.00.91.39.31.60.61.30.70.50.4892.1246.71.2247.5152.6282.9574.70.4146.1115.0215.80.50.712.98.76.10.40.80.4119.81.50.42.00.71.01.0188.90.41.00.10.65.22.062.35.18.087.473.7603.3553.7113.10.83.20.818.8168.30.216.919.3750.20.13.90.3773.42.00.20.10.51.0253.58.71.13.10.65.510.34.31.2118.00.24.38.636.52.411.20.91.53.6172.816.618.89.10.111.50.50.9620.21.311.61.50.60.70.90.22.8165.90.80.9221.03.52.91.00.50.55190.52.30.716.40.30.29.31.80.1210.210.90.3190.50.82.60.50.10.3487.70.51.10.76.718.80.22450.421.00.40.0
19968.42.81.034.911.90.00.7105.01.11.30.90.20.114.51.50.00.91.38.41.60.61.30.60.50.0856.1236.41.2249.8149.6278.5500.30.1141.6102.0211.20.40.712.18.75.70.40.80.4140.41.40.42.10.71.01.0190.30.41.00.10.65.31.962.54.47.773.974.2545.2487.560.10.83.00.817.5170.30.214.817.6733.80.13.40.3705.31.90.30.10.41.0246.87.31.03.00.64.910.03.71.098.74.47.927.82.310.60.91.53.3164.316.118.49.00.110.30.50.9610.11.211.21.40.60.71.00.12.5145.90.9220.43.02.91.00.40.43951.82.20.715.30.20.29.31.90.1177.310.60.3189.90.82.70.50.00.2481.20.41.10.75.711.50.12338.318.90.30.0
19958.02.71.030.49.80.00.789.41.01.30.90.10.114.11.50.00.91.37.91.40.61.10.50.50.0846.1239.71.2263.7136.7278.8436.00.0122.290.3204.90.40.711.28.75.60.40.70.4141.81.30.32.10.71.01.0170.70.31.00.10.65.31.861.23.87.461.572.0510.9385.469.90.82.80.815.0174.20.210.816.4717.70.12.50.3705.91.80.20.10.41.0209.84.91.02.90.64.99.53.00.890.74.45.423.02.010.00.91.53.1156.412.918.29.10.19.70.50.9557.61.110.51.20.60.71.00.11.7134.00.8215.51.73.21.00.40.43097.12.00.714.10.10.29.41.90.0151.310.30.3183.50.82.70.50.00.0468.60.31.10.74.66.50.12190.614.10.30.0
19947.42.41.028.37.80.00.734.91.01.30.90.00.113.51.50.00.91.37.41.30.51.10.30.50.0799.8233.11.2245.0128.2260.4374.50.0120.676.0188.40.40.610.58.85.20.40.70.4134.41.20.21.90.71.01.0171.90.11.00.00.55.31.755.63.17.249.671.4474.7285.218.10.82.60.812.2178.80.24.215.1684.70.11.80.2651.21.60.20.10.31.0143.72.81.03.00.64.99.22.20.657.84.23.619.61.99.60.91.52.8153.27.515.89.00.18.80.50.8512.51.010.00.90.60.70.90.00.790.40.8205.43.31.00.40.32404.61.90.713.20.10.09.22.00.0121.810.00.3168.70.82.60.50.00.0437.40.11.10.73.31.40.01910.99.90.20.0
19936.92.11.021.36.20.00.70.91.01.30.90.00.113.21.50.00.91.36.71.20.41.00.00.50.0510.7217.21.2201.191.2236.2313.30.090.167.2131.40.20.69.58.94.80.30.60.4110.21.00.21.90.71.01.0119.80.01.00.00.55.41.548.72.66.942.471.0449.8217.53.70.82.40.89.5182.30.20.313.2646.50.10.70.2616.61.50.20.10.21.0105.62.31.02.80.64.58.82.10.235.94.32.516.41.79.40.91.52.6128.05.46.49.20.17.90.50.7465.00.89.30.70.60.60.90.00.278.80.8156.53.31.00.40.31576.21.70.712.20.00.09.22.00.094.89.70.3126.80.72.40.40.00.0418.10.01.10.72.50.10.01668.88.30.10.0
19926.41.81.09.75.50.00.80.11.01.30.90.00.113.51.40.00.91.36.41.20.00.90.00.60.0252.1159.01.2213.294.6218.5256.90.093.362.2126.70.00.68.19.04.70.30.60.3116.01.10.11.70.71.01.0123.30.01.00.00.45.51.442.72.46.535.871.4386.5148.61.80.82.20.76.4185.70.20.010.7622.90.10.10.1506.01.40.20.10.00.998.31.81.02.60.64.18.31.80.08.84.21.812.31.68.60.91.52.2136.33.91.29.20.17.50.50.8424.20.68.90.50.60.71.00.00.070.90.9160.13.31.00.30.21043.31.60.711.40.00.09.22.00.078.09.40.3141.40.72.20.40.00.0328.90.01.10.71.70.00.01455.07.30.10.0
19916.11.71.03.04.70.00.70.00.91.40.90.00.113.51.40.00.91.36.01.10.00.90.00.60.0147.0164.81.2212.1111.1200.0214.20.096.953.2129.70.00.67.39.14.60.30.50.3140.30.01.50.71.01.0125.80.00.90.00.45.51.339.22.46.130.170.6368.4117.50.90.82.00.74.1186.80.20.09.2591.10.10.00.0262.11.30.20.10.00.987.81.61.02.40.64.08.01.60.03.34.11.310.41.57.50.91.51.8147.12.70.19.50.16.90.50.8380.30.38.40.40.50.61.00.00.067.50.9165.13.21.00.30.1853.61.40.610.70.00.09.32.00.063.69.20.3140.10.72.50.40.00.0231.90.01.10.71.10.00.01122.06.60.00.0
19905.51.71.02.33.10.00.30.00.91.40.90.00.113.61.40.00.91.35.71.00.00.90.00.60.073.2164.51.2220.2111.5170.5174.40.0101.733.4133.20.00.65.69.13.00.30.50.3140.00.01.30.71.01.0146.80.01.00.00.35.51.017.32.05.822.967.3350.296.70.81.70.72.8187.60.20.08.5559.90.10.00.0183.51.10.20.10.00.983.61.51.02.00.63.77.61.40.01.84.10.88.71.46.90.91.50.1156.22.40.19.60.16.30.50.7314.20.17.50.30.50.71.10.00.060.70.9172.33.41.00.20.01.30.610.00.00.08.91.90.051.49.00.3141.00.62.50.40.00.0190.30.01.10.60.60.00.0672.36.10.00.0

PPP conversion factor of 20.5 for India for 2024 means that you need 20.5 Indian Rupees to buy the same amount of goods and services in India that 1 US Dollar (USD) buys in the United States. It indicates Rupee's real buying power, which is usually much higher than the market exchange rate, for example average Rupee/Dollar market exchange rate for the calender year 2024 was ~83.7

Thus as per PPP, 20.5 Rupees, and not 83.7 Rupees, can buy in India what US one dollar buys in US

If we scroll down the above Table, the PPP conversion factor was 5.5 for India, 1.7 for China, and again by definition 1.0 for US

View the trends graphically