Countries with the Highest PPP Conversion Factor (2024)
Source: World Bank·25 countries·Updated 2024
A high PPP conversion factor means high domestic prices. {#1} has the highest at {#1_value}.
Iran, Islamic Rep. leads with ppp conversion factor of 118,268.07.
Lebanon ranks #2 at 23,736.79.
Somalia, Fed. Rep. ranks #3 at 11,049.72.
Viet Nam ranks #4 at 6,956.93.
Indonesia ranks #5 at 4,747.91.
Top 25 Countries by PPP Conversion Factor
| # | Country | PPP Conversion Factor | Year |
|---|---|---|---|
| 1 |  Iran, Islamic Rep. | 118,268.07 | 2024 |
| 2 |  Lebanon | 23,736.79 | 2023 |
| 3 |  Somalia, Fed. Rep. | 11,049.72 | 2024 |
| 4 |  Viet Nam | 6,956.93 | 2024 |
| 5 |  Indonesia | 4,747.91 | 2024 |
| 6 |  Lao PDR | 4,381.72 | 2024 |
| 7 |  Uzbekistan | 3,367.64 | 2024 |
| 8 |  Guinea | 3,185.82 | 2024 |
| 9 |  Paraguay | 2,618.66 | 2024 |
| 10 |  Syrian Arab Republic | 1,757.52 | 2023 |
| 11 |  Colombia | 1,443.72 | 2024 |
| 12 |  Cambodia | 1,343.28 | 2024 |
| 13 |  Madagascar | 1,309.4 | 2024 |
| 14 |  Uganda | 1,244.3 | 2024 |
| 15 |  Mongolia | 1,195.34 | 2024 |
| 16 |  Congo, Dem. Rep. | 1,006.64 | 2024 |
| 17 |  Burundi | 875.88 | 2024 |
| 18 |  Korea, Rep. | 809.27 | 2024 |
| 19 |  Tanzania | 730.42 | 2024 |
| 20 |  Sudan | 729.48 | 2024 |
| 21 |  Iraq | 545.87 | 2024 |
| 22 |  Malawi | 489.02 | 2024 |
| 23 |  Myanmar | 475.87 | 2024 |
| 24 |  Chile | 435.78 | 2024 |
| 25 |  Argentina | 419.9 | 2024 |
Data from 201 countries is available. View full rankings →
FAQ
What is the highest ppp conversion factor in 2024?
Iran, Islamic Rep. has the highest ppp conversion factor at 118,268.07 in 2024.
How many countries are included in this ranking?
This article features the top 25 countries out of 201 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.