Price level ratio of PPP conversion factor (GDP) to market exchange in United Kingdom
United Kingdom: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.8683 in 2024. ▼ Falling
Latest (2024)
0.8683
Change on year
up 2.2%
World rank
22nd
of 202 countries
All-time high
1.42
in 2007
All-time low
0.7868
in 2022
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in United Kingdom, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
United Kingdom recorded 0.8683 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
Compared with earlier readings it is up 2.2% on the previous year and down 24.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in United Kingdom peaked at 1.42 in 2007 and was at its lowest, 0.7868, in 2022.
That places United Kingdom 22nd out of 202 countries with data for 2024, putting it in the top quarter.
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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.12 | — |
| 1991 | 1.14 | +2.2% |
| 1992 | 1.15 | +0.5% |
| 1993 | 0.9869 | -14.2% |
| 1994 | 0.9998 | +1.3% |
| 1995 | 1.13 | +12.6% |
| 1996 | 1.11 | -1.2% |
| 1997 | 1.16 | +4.3% |
| 1998 | 1.19 | +2.9% |
| 1999 | 1.17 | -1.6% |
| 2000 | 1.07 | -9.2% |
| 2001 | 0.9997 | -6.2% |
| 2002 | 1.03 | +3.4% |
| 2003 | 1.14 | +9.9% |
| 2004 | 1.26 | +10.8% |
| 2005 | 1.29 | +2.2% |
| 2006 | 1.28 | -0.4% |
| 2007 | 1.42 | +10.7% |
| 2008 | 1.29 | -9.1% |
| 2009 | 1.11 | -14.2% |
| 2010 | 1.09 | -1.9% |
| 2011 | 1.13 | +4.2% |
| 2012 | 1.11 | -2.0% |
| 2013 | 1.09 | -1.9% |
| 2014 | 1.15 | +5.7% |
| 2015 | 1.06 | -8.0% |
| 2016 | 0.9297 | -12.1% |
| 2017 | 0.8811 | -5.2% |
| 2018 | 0.9175 | +4.1% |
| 2019 | 0.8548 | -6.8% |
| 2020 | 0.8377 | -2.0% |
| 2021 | 0.9201 | +9.8% |
| 2022 | 0.7868 | -14.5% |
| 2023 | 0.8495 | +8.0% |
| 2024 | 0.8683 | +2.2% |
United Kingdom compared with similar countries
- United Kingdom's 0.8683 is above the median for high income countries, which is 0.6595, 1.3× the median. (74 countries reporting)
- United Kingdom's 0.8683 is above the median for Europe & Central Asia, which is 0.5562, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.12 | 0.9869 | 1.19 | 10 |
| 2000s | 1.19 | 0.9997 | 1.42 | 10 |
| 2010s | 1.02 | 0.8548 | 1.15 | 10 |
| 2020s | 0.8525 | 0.7868 | 0.9201 | 5 |
Countries ranked near United Kingdom
More population data for United Kingdom
- Population regions with projections, annual growth rate -0.1791 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.1389 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.1791 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0706 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 71,685 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.2666 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.169 % change on previous year (2100)
- Population growth rate -0.184 (2100)
- Population density 307.14 (2100)
- Projected population under age 5 3.21 million (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in United Kingdom?
- Price level ratio of ppp conversion factor (gdp) to market exchange in United Kingdom was 0.8683 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 United Kingdom?
- The highest recorded value was 1.42 in 2007.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in United Kingdom?
- The lowest recorded value was 0.7868 in 2022.
- How does United Kingdom rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- United Kingdom ranks 22nd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in United Kingdom?
- Over the last ten years it is down 24.4%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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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About this data
February 2026 Data Release