Korea vs Madagascar: Annual Purchasing Power: Purchasing Power Parities … household
Annual Purchasing Power: Purchasing Power Parities … household over time
- Korea
- Madagascar
How they compare
Madagascar currently reports 1,196 National currency per US dollar against 880.12 National currency per US dollar in Korea, a difference of 315.88 National currency per US dollar.
That makes Madagascar's figure about 1.4 times Korea's.
The two have swapped places 1 time across 34 shared years of data; in 1990 it was Korea ahead.
Korea ranks 2nd and Madagascar ranks 1st of 5 groups.
Across the 4 decades both report, Korea averaged higher in 3 and Madagascar in 1.
Head to head by decade
| Decade | Korea | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 667.99 National currency per US dollar | 184.19 National currency per US dollar | 483.8 National currency per US dollar | Korea |
| 2000s | 871.02 National currency per US dollar | 446.52 National currency per US dollar | 424.5 National currency per US dollar | Korea |
| 2010s | 958.94 National currency per US dollar | 835.29 National currency per US dollar | 123.65 National currency per US dollar | Korea |
| 2020s | 929.89 National currency per US dollar | 1,140 National currency per US dollar | 210.26 National currency per US dollar | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual purchasing power parities and exchange rates — purchasing, Korea or Madagascar?
- Madagascar, at 1,196 National currency per US dollar against 880.12 National currency per US dollar in Korea as of 2023.
- What is the difference in annual purchasing power parities and exchange rates — purchasing between Korea and Madagascar?
- 315.88 National currency per US dollar, with Madagascar ahead.
- How many years of comparable data are there for Korea and Madagascar?
- 34 years are reported by both, from 1990 to 2023.
- How do Korea and Madagascar rank globally for annual purchasing power parities and exchange rates — purchasing?
- Korea ranks 2nd and Madagascar ranks 1st of 5 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org