Italy vs Palestine, State of: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Italy
- Palestine, State of
How they compare
Palestine, State of currently reports 0.6343 LCU per international $ against 0.6103 LCU per international $ in Italy, a difference of 0.024 LCU per international $.
The two have swapped places 3 times across 32 shared years of data; in 1994 it was Italy ahead.
Italy ranks 177th and Palestine, State of ranks 176th of 205 countries.
Across the 4 decades both report, Italy averaged higher in 3 and Palestine, State of in 1.
Head to head by decade
| Decade | Italy | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.79 LCU per international $ | 0.5692 LCU per international $ | 0.2208 LCU per international $ | Italy |
| 2000s | 0.8172 LCU per international $ | 0.5326 LCU per international $ | 0.2846 LCU per international $ | Italy |
| 2010s | 0.7214 LCU per international $ | 0.6096 LCU per international $ | 0.1118 LCU per international $ | Italy |
| 2020s | 0.6101 LCU per international $ | 0.6103 LCU per international $ | 0.0002 LCU per international $ | Palestine, State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Italy or Palestine, State of?
- Palestine, State of, at 0.6343 LCU per international $ against 0.6103 LCU per international $ in Italy as of 2025.
- What is the difference in ppp conversion factor, gdp between Italy and Palestine, State of?
- 0.024 LCU per international $, with Palestine, State of ahead.
- How many years of comparable data are there for Italy and Palestine, State of?
- 32 years are reported by both, from 1994 to 2025.
- How do Italy and Palestine, State of rank globally for ppp conversion factor, gdp?
- Italy ranks 177th and Palestine, State of ranks 176th of 205 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.