Azerbaijan vs Madagascar: Price level ratio of PPP conversion factor (GDP) to market exchange

Azerbaijan
0.2903
in 2024
Madagascar
0.2893
in 2024
Azerbaijan rank
174th
Madagascar rank
175th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Azerbaijan
  • Madagascar
00.10.20.30.40.5199020072024

How they compare

Azerbaijan currently reports 0.2903 against 0.2893 in Madagascar, a difference of 0.001.

The two have swapped places 3 times across 35 shared years of data; in 1990 it was Madagascar ahead.

Azerbaijan ranks 174th and Madagascar ranks 175th of 202 countries.

Across the 4 decades both report, Azerbaijan averaged higher in 2 and Madagascar in 2.

Head to head by decade

Decade Azerbaijan Madagascar Difference Ahead
1990s 0.1393 0.256 0.1167 Madagascar
2000s 0.2525 0.2611 0.0086 Madagascar
2010s 0.3771 0.3215 0.0556 Azerbaijan
2020s 0.2969 0.2946 0.0023 Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Azerbaijan or Madagascar?
Azerbaijan, at 0.2903 against 0.2893 in Madagascar as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Azerbaijan and Madagascar?
0.001, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Madagascar?
35 years are reported by both, from 1990 to 2024.
How do Azerbaijan and Madagascar rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Azerbaijan ranks 174th and Madagascar ranks 175th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Madagascar: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/azerbaijan/madagascar/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release