Jordan vs Kuwait: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Jordan
- Kuwait
How they compare
Jordan currently reports 0.3006 LCU per international $ against 0.1754 LCU per international $ in Kuwait, a difference of 0.1252 LCU per international $.
That makes Jordan's figure about 1.7 times Kuwait's.
Across all 36 years both countries report, Jordan has been ahead every year.
Jordan ranks 199th and Kuwait ranks 202nd of 204 countries.
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.