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

Japan: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6283 in 2024. ▼ Falling

Latest (2024)
0.6283
Change on year
down 7.3%
World rank
54th
of 202 countries
All-time high
1.85
in 1995
All-time low
0.6283
in 2024
Years of data
35
1990–2024

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

0.7511.21.51.81990200720241990: 1.31991: 1.41992: 1.51993: 1.61994: 1.71995: 1.91996: 1.61997: 1.41998: 1.31999: 1.42000: 1.42001: 1.22002: 1.12003: 1.22004: 1.22005: 1.22006: 1.12007: 12008: 1.12009: 1.22010: 1.32011: 1.32012: 1.32013: 12014: 0.9732015: 0.8552016: 0.972017: 0.9372018: 0.9432019: 0.9472020: 0.9442021: 0.9042022: 0.7192023: 0.6782024: 0.628

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Japan stood at 0.6283. That is the lowest value across all 35 years on record.

The figure is down 7.3% on the previous year and down 35.4% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Japan peaked at 1.85 in 1995 and was at its lowest, 0.6283, in 2024.

Japan ranks 54th of 202 countries on this measure, in the middle of the range.

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

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

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Japan, 1990 to 2024.
Year Value Change
1990 1.3
1991 1.39 +7.0%
1992 1.47 +5.7%
1993 1.64 +11.8%
1994 1.75 +6.7%
1995 1.85 +5.9%
1996 1.57 -15.5%
1997 1.39 -11.2%
1998 1.27 -8.6%
1999 1.42 +11.9%
2000 1.44 +0.9%
2001 1.23 -14.2%
2002 1.15 -6.9%
2003 1.2 +5.0%
2004 1.24 +3.2%
2005 1.18 -5.4%
2006 1.07 -9.0%
2007 1.02 -4.5%
2008 1.13 +10.6%
2009 1.23 +8.9%
2010 1.27 +3.3%
2011 1.35 +5.8%
2012 1.31 -2.9%
2013 1.04 -20.6%
2014 0.9727 -6.3%
2015 0.8547 -12.1%
2016 0.9699 +13.5%
2017 0.937 -3.4%
2018 0.9433 +0.7%
2019 0.947 +0.4%
2020 0.9435 -0.4%
2021 0.9039 -4.2%
2022 0.7188 -20.5%
2023 0.6781 -5.7%
2024 0.6283 -7.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.5 1.27 1.85 10
2000s 1.19 1.02 1.44 10
2010s 1.06 0.8547 1.35 10
2020s 0.7745 0.6283 0.9435 5

Countries ranked near Japan

  1. 51 Cyprus 0.6312 compare
  2. 52 Papua New Guinea 0.6293 compare
  3. 53 Malta 0.6286 compare
  4. 55 Samoa 0.6251 compare
  5. 56 Venezuela, Bolivarian Republic of 0.625 compare
  6. 57 Kuwait 0.6239 compare

See the full ranking of 202 places →

More population data for Japan

All data for Japan →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Japan?
Price level ratio of ppp conversion factor (gdp) to market exchange in Japan was 0.6283 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 Japan?
The highest recorded value was 1.85 in 1995.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Japan?
The lowest recorded value was 0.6283 in 2024.
How does Japan rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Japan ranks 54th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Japan?
Over the last ten years it is down 35.4%. The long-run trend across the full record is falling.
Where does this Japan 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 Japan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 02 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/japan/

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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