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

India: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2417 in 2024. ▲ Rising

Latest (2024)
0.2417
Change on year
down 1.4%
World rank
193rd
of 202 countries
All-time high
0.3245
in 2011
All-time low
0.2047
in 2001
Years of data
35
1990–2024

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

00.10.20.31990200720241990: 0.3061991: 0.2471992: 0.2441993: 0.221994: 0.2371995: 0.2381996: 0.2371997: 0.2371998: 0.2231999: 0.222000: 0.2122001: 0.2052002: 0.2062003: 0.2212004: 0.2332005: 0.2422006: 0.2492007: 0.2912008: 0.2732009: 0.2822010: 0.322011: 0.3242012: 0.2972013: 0.2862014: 0.2992015: 0.2922016: 0.2942017: 0.3172018: 0.2932019: 0.2852020: 0.2742021: 0.2782022: 0.2552023: 0.2452024: 0.242

Source: UNESCO Institute for Statistics.

Analysis

India recorded 0.2417 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

Compared with earlier readings it is down 1.4% on the previous year and down 19.3% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in India peaked at 0.3245 in 2011 and was at its lowest, 0.2047, in 2001.

India ranks 193rd of 202 countries on this measure, in the bottom quarter.

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 India, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in India, 1990 to 2024.
Year Value Change
1990 0.3062
1991 0.2466 -19.5%
1992 0.2439 -1.1%
1993 0.2204 -9.6%
1994 0.2371 +7.6%
1995 0.2377 +0.2%
1996 0.2366 -0.4%
1997 0.2366 +0.0%
1998 0.2233 -5.6%
1999 0.2203 -1.4%
2000 0.2118 -3.9%
2001 0.2047 -3.3%
2002 0.206 +0.6%
2003 0.2211 +7.3%
2004 0.2328 +5.3%
2005 0.2419 +3.9%
2006 0.2489 +2.9%
2007 0.2913 +17.0%
2008 0.2732 -6.2%
2009 0.2817 +3.1%
2010 0.3204 +13.7%
2011 0.3245 +1.3%
2012 0.2966 -8.6%
2013 0.2858 -3.6%
2014 0.2993 +4.7%
2015 0.292 -2.4%
2016 0.2944 +0.8%
2017 0.3174 +7.8%
2018 0.2928 -7.7%
2019 0.2855 -2.5%
2020 0.2737 -4.1%
2021 0.2782 +1.6%
2022 0.255 -8.4%
2023 0.2451 -3.9%
2024 0.2417 -1.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2409 0.2203 0.3062 10
2000s 0.2413 0.2047 0.2913 10
2010s 0.3008 0.2855 0.3245 10
2020s 0.2587 0.2417 0.2782 5

Countries ranked near India

  1. 190 Belarus 0.252 compare
  2. 191 Sierra Leone 0.2484 compare
  3. 192 Tajikistan 0.2481 compare
  4. 194 Bhutan 0.2362 compare
  5. 195 Pakistan 0.2362 compare
  6. 196 Myanmar 0.2266 compare

See the full ranking of 202 places →

More population data for India

All data for India →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in India?
Price level ratio of ppp conversion factor (gdp) to market exchange in India was 0.2417 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 India?
The highest recorded value was 0.3245 in 2011.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in India?
The lowest recorded value was 0.2047 in 2001.
How does India rank for price level ratio of ppp conversion factor (gdp) to market exchange?
India ranks 193rd out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in India?
Over the last ten years it is down 19.3%. The long-run trend across the full record is rising.
Where does this India 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 India. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 31 August 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/india/

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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