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

South Africa: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.4046 in 2024. ▼ Falling

Latest (2024)
0.4046
Change on year
up 2.1%
World rank
118th
of 202 countries
All-time high
0.6578
in 2011
All-time low
0.3058
in 2002
Years of data
35
1990–2024

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

00.20.40.61990200720241990: 0.4861991: 0.511992: 0.5541993: 0.5331994: 0.5281995: 0.5611996: 0.5021997: 0.4981998: 0.4431999: 0.4232000: 0.3982001: 0.3382002: 0.3062003: 0.4452004: 0.5382005: 0.5592006: 0.542007: 0.5472008: 0.4942009: 0.522010: 0.6312011: 0.6582012: 0.6222013: 0.5482014: 0.5132015: 0.4562016: 0.4182017: 0.4822018: 0.5182019: 0.4892020: 0.442021: 0.4992022: 0.4422023: 0.3962024: 0.405

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in South Africa is 0.4046, measured in 2024.

Compared with earlier readings it is up 2.1% on the previous year and down 21.2% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in South Africa peaked at 0.6578 in 2011 and was at its lowest, 0.3058, in 2002.

That places South Africa 118th out of 202 countries with data for 2024, putting it 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 South Africa, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in South Africa, 1990 to 2024.
Year Value Change
1990 0.4864
1991 0.5098 +4.8%
1992 0.5536 +8.6%
1993 0.5333 -3.7%
1994 0.5277 -1.1%
1995 0.5608 +6.3%
1996 0.5019 -10.5%
1997 0.4978 -0.8%
1998 0.4434 -10.9%
1999 0.4229 -4.6%
2000 0.3975 -6.0%
2001 0.3378 -15.0%
2002 0.3058 -9.5%
2003 0.4445 +45.4%
2004 0.5375 +20.9%
2005 0.5591 +4.0%
2006 0.5402 -3.4%
2007 0.5472 +1.3%
2008 0.4938 -9.8%
2009 0.5199 +5.3%
2010 0.631 +21.4%
2011 0.6578 +4.3%
2012 0.6219 -5.5%
2013 0.5484 -11.8%
2014 0.5133 -6.4%
2015 0.4562 -11.1%
2016 0.418 -8.4%
2017 0.4817 +15.2%
2018 0.518 +7.5%
2019 0.489 -5.6%
2020 0.4404 -9.9%
2021 0.4991 +13.3%
2022 0.442 -11.4%
2023 0.3964 -10.3%
2024 0.4046 +2.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5038 0.4229 0.5608 10
2000s 0.4683 0.3058 0.5591 10
2010s 0.5335 0.418 0.6578 10
2020s 0.4365 0.3964 0.4991 5

Countries ranked near South Africa

  1. 115 Central African Republic 0.4085 compare
  2. 116 Bosnia and Herzegovina 0.4077 compare
  3. 117 Republic of Moldova 0.407 compare
  4. 119 Somalia 0.3979 compare
  5. 120 Dominican Republic 0.3949 compare
  6. 121 Fiji 0.3922 compare

See the full ranking of 202 places →

More population data for South Africa

All data for South Africa →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in South Africa?
Price level ratio of ppp conversion factor (gdp) to market exchange in South Africa was 0.4046 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 South Africa?
The highest recorded value was 0.6578 in 2011.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in South Africa?
The lowest recorded value was 0.3058 in 2002.
How does South Africa rank for price level ratio of ppp conversion factor (gdp) to market exchange?
South Africa ranks 118th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in South Africa?
Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
Where does this South Africa 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 South Africa. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 09 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/south-africa/

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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