Lebanon vs Mongolia: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Lebanon
- Mongolia
How they compare
Lebanon currently reports 11,369 constant 2021 international $ against 9,894 constant 2021 international $ in Mongolia, a difference of 1,475 constant 2021 international $.
That makes Lebanon's figure about 1.1 times Mongolia's.
Across all 15 years both countries report, Lebanon has been ahead every year.
Lebanon ranks 85th and Mongolia ranks 88th of 170 countries.
Lebanon has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lebanon | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13,094 constant 2021 international $ | 6,151 constant 2021 international $ | 6,943 constant 2021 international $ | Lebanon |
| 2020s | 11,761 constant 2021 international $ | 7,957 constant 2021 international $ | 3,804 constant 2021 international $ | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Lebanon or Mongolia?
- Lebanon, at 11,369 constant 2021 international $ against 9,894 constant 2021 international $ in Mongolia as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Lebanon and Mongolia?
- 1,475 constant 2021 international $, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Mongolia?
- 15 years are reported by both, from 2010 to 2024.
- How do Lebanon and Mongolia rank globally for households and npishs final consumption expenditure per capita, ppp?
- Lebanon ranks 85th and Mongolia ranks 88th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.