Price level ratio of PPP conversion factor (GDP) to market exchange in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: 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 of Great Britain and Northern Ireland, 1990–2024

00.511.51990200720241990: 1.11991: 1.11992: 1.21993: 0.9871994: 11995: 1.11996: 1.11997: 1.21998: 1.21999: 1.22000: 1.12001: 12002: 12003: 1.12004: 1.32005: 1.32006: 1.32007: 1.42008: 1.32009: 1.12010: 1.12011: 1.12012: 1.12013: 1.12014: 1.12015: 1.12016: 0.932017: 0.8812018: 0.9172019: 0.8552020: 0.8382021: 0.922022: 0.7872023: 0.852024: 0.868

Source: UNESCO Institute for Statistics.

Analysis

United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland peaked at 1.42 in 2007 and was at its lowest, 0.7868, in 2022.

That places United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in United Kingdom of Great Britain and Northern Ireland, 1990 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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 of Great Britain and Northern Ireland

  1. 19 Denmark 0.9036 compare
  2. 20 United States Virgin Islands 0.8901 compare
  3. 21 New Zealand 0.8848 compare
  4. 23 Norway 0.8592 compare
  5. 24 Finland 0.8299 compare
  6. 25 Canada 0.8292 compare

See the full ranking of 202 places →

More population data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in United Kingdom of Great Britain and Northern Ireland?
Price level ratio of ppp conversion factor (gdp) to market exchange in United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland?
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 of Great Britain and Northern Ireland?
The lowest recorded value was 0.7868 in 2022.
How does United Kingdom of Great Britain and Northern Ireland rank for price level ratio of ppp conversion factor (gdp) to market exchange?
United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland?
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 of Great Britain and Northern Ireland 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.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

Price level ratio of PPP conversion factor (GDP) to market exchange in United Kingdom of Great Britain and Northern Ireland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 07 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/united-kingdom/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/united-kingdom/">Price level ratio of PPP conversion factor (GDP) to market exchange in United Kingdom of Great Britain and Northern Ireland</a> — Statizoid

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