Price level ratio of PPP conversion factor (GDP) to market exchange in China

China: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.4908 in 2024. ▲ Rising

Latest (2024)
0.4908
Change on year
down 4.6%
World rank
87th
of 202 countries
All-time high
0.6188
in 2018
All-time low
0.2576
in 1993
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in China, 1990–2024

00.20.40.61990200720241990: 0.3211991: 0.3021992: 0.2881993: 0.2581994: 0.2831995: 0.3251996: 0.3421997: 0.3421998: 0.3361999: 0.3282000: 0.3272001: 0.3272002: 0.3242003: 0.3262004: 0.342005: 0.3452006: 0.3582007: 0.3942008: 0.4572009: 0.4612010: 0.4922011: 0.5452012: 0.5612013: 0.5842014: 0.6012015: 0.6072016: 0.5832017: 0.5982018: 0.6192019: 0.5882020: 0.5822021: 0.6182022: 0.5632023: 0.5142024: 0.491

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in China is 0.4908, measured in 2024.

That represents a change of down 4.6% on the previous year and down 18.4% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in China peaked at 0.6188 in 2018 and was at its lowest, 0.2576, in 1993.

That places China 87th out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in China, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in China, 1990 to 2024.
Year Value Change
1990 0.3215
1991 0.3024 -5.9%
1992 0.2883 -4.7%
1993 0.2576 -10.6%
1994 0.2831 +9.9%
1995 0.3252 +14.9%
1996 0.3417 +5.1%
1997 0.3425 +0.2%
1998 0.3363 -1.8%
1999 0.3276 -2.6%
2000 0.327 -0.2%
2001 0.327 -0.0%
2002 0.324 -0.9%
2003 0.3262 +0.7%
2004 0.3398 +4.2%
2005 0.3453 +1.6%
2006 0.3581 +3.7%
2007 0.3943 +10.1%
2008 0.4568 +15.9%
2009 0.4614 +1.0%
2010 0.4919 +6.6%
2011 0.5455 +10.9%
2012 0.5608 +2.8%
2013 0.5845 +4.2%
2014 0.6012 +2.9%
2015 0.6072 +1.0%
2016 0.5831 -4.0%
2017 0.5978 +2.5%
2018 0.6188 +3.5%
2019 0.5876 -5.0%
2020 0.5818 -1.0%
2021 0.6183 +6.3%
2022 0.5632 -8.9%
2023 0.5144 -8.7%
2024 0.4908 -4.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3126 0.2576 0.3425 10
2000s 0.366 0.324 0.4614 10
2010s 0.5778 0.4919 0.6188 10
2020s 0.5537 0.4908 0.6183 5

Countries ranked near China

  1. 84 Poland 0.4967 compare
  2. 85 Croatia 0.4927 compare
  3. 86 Saudi Arabia 0.4921 compare
  4. 88 Hungary 0.4894 compare
  5. 89 Dominica 0.4885 compare
  6. 90 Oman 0.486 compare

See the full ranking of 202 places →

More population data for China

All data for China →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in China?
Price level ratio of ppp conversion factor (gdp) to market exchange in China was 0.4908 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in China?
The highest recorded value was 0.6188 in 2018.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in China?
The lowest recorded value was 0.2576 in 1993.
How does China rank for price level ratio of ppp conversion factor (gdp) to market exchange?
China ranks 87th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in China?
Over the last ten years it is down 18.4%. The long-run trend across the full record is rising.
Where does this China data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in China. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 01 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/china/

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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