Purchasing power parity in Colombia 2008-2022

Published by Statista Research Department, Aug 2, 2024

Overall, between 2008 and 2022, Colombia's purchasing power parity experienced an upward trend. In 2008, the PPP was approximately 1068.5 NCU per U.S. dollars. In 2022, it had increased to about 1346.58 NCU. 

Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.

Purchasing power parity (PPP) in Colombia from 2008 to 2022 (NCU per U.S. dollar)

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Release date

2024

Region

Colombia

Survey time period

2008 to 2022

Supplementary notes

National currency units per U.S. dollar.
Figures have been rounded.

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