Price level ratio of PPP conversion factor (GDP) to market exchange rate in Oman was reported at 0.53932 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Oman - PPP conversion factor (GDP) to market exchange rate ratio - actual values, historical data, forecasts and projections were sourced from the World Bank on December of 2021.

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 oman ppp conversion factor gdp to market exchange rate ratio wb data

Price level ratio is the ratio of a purchasing power parity (PPP) conversion factor to an exchange rate. It provides a measure of the differences in price levels between countries by indicating the number of units of the common currency needed to buy the same volume of the aggregation level in each country. At the level of GDP, they provide a measure of the differences in the general price levels of countries.

Oman | World Bank Development Indicators