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

Singapore: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6017 in 2024. ▲ Rising

Latest (2024)
0.6017
Change on year
up 1.3%
World rank
65th
of 202 countries
All-time high
0.7114
in 1996
All-time low
0.4865
in 2003
Years of data
35
1990–2024

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

00.20.40.60.81990200720241990: 0.4981991: 0.5681992: 0.5971993: 0.6081994: 0.6521995: 0.711996: 0.7111997: 0.6711998: 0.5811999: 0.5462000: 0.5452001: 0.5032002: 0.4922003: 0.4862004: 0.5082005: 0.5092006: 0.5272007: 0.5732008: 0.5912009: 0.5882010: 0.6262011: 0.6732012: 0.6772013: 0.6862014: 0.6812015: 0.6382016: 0.6342017: 0.642018: 0.6432019: 0.6262020: 0.6052021: 0.6042022: 0.6312023: 0.5942024: 0.602

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Singapore stood at 0.6017.

That represents a change of up 1.3% on the previous year and down 11.6% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Singapore peaked at 0.7114 in 1996 and was at its lowest, 0.4865, in 2003.

That places Singapore 65th 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 Singapore, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Singapore, 1990 to 2024.
Year Value Change
1990 0.4981
1991 0.568 +14.0%
1992 0.5972 +5.1%
1993 0.6084 +1.9%
1994 0.652 +7.2%
1995 0.71 +8.9%
1996 0.7114 +0.2%
1997 0.6714 -5.6%
1998 0.5812 -13.4%
1999 0.5456 -6.1%
2000 0.5448 -0.1%
2001 0.5034 -7.6%
2002 0.4915 -2.4%
2003 0.4865 -1.0%
2004 0.5077 +4.3%
2005 0.5094 +0.3%
2006 0.5271 +3.5%
2007 0.5731 +8.7%
2008 0.5907 +3.1%
2009 0.5879 -0.5%
2010 0.6265 +6.6%
2011 0.6732 +7.5%
2012 0.6765 +0.5%
2013 0.6856 +1.3%
2014 0.6808 -0.7%
2015 0.6385 -6.2%
2016 0.6341 -0.7%
2017 0.6396 +0.9%
2018 0.6433 +0.6%
2019 0.6261 -2.7%
2020 0.6049 -3.4%
2021 0.6037 -0.2%
2022 0.631 +4.5%
2023 0.594 -5.9%
2024 0.6017 +1.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6143 0.4981 0.7114 10
2000s 0.5322 0.4865 0.5907 10
2010s 0.6524 0.6261 0.6856 10
2020s 0.6071 0.594 0.631 5

Countries ranked near Singapore

  1. 62 Qatar 0.6048 compare
  2. 63 Slovenia 0.603 compare
  3. 64 Jamaica 0.6019 compare
  4. 66 Republic of Korea 0.5936 compare
  5. 67 Palestine, State of 0.593 compare
  6. 68 Grenada 0.5887 compare

See the full ranking of 202 places →

More population data for Singapore

All data for Singapore →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Singapore?
Price level ratio of ppp conversion factor (gdp) to market exchange in Singapore was 0.6017 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 Singapore?
The highest recorded value was 0.7114 in 1996.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Singapore?
The lowest recorded value was 0.4865 in 2003.
How does Singapore rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Singapore ranks 65th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Singapore?
Over the last ten years it is down 11.6%. The long-run trend across the full record is rising.
Where does this Singapore 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 Singapore. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/singapore/

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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