Lower middle income vs San Marino: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Lower middle income
- San Marino
How they compare
San Marino currently reports 25,363 constant 2021 international $ against 6,680 constant 2021 international $ in Lower middle income, a difference of 18,683 constant 2021 international $.
That makes San Marino's figure about 3.8 times Lower middle income's.
Across all 9 years both countries report, San Marino has been ahead every year.
Lower middle income ranks 29th and San Marino ranks 28th of 41 groups.
San Marino has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | San Marino | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4,952 constant 2021 international $ | 20,138 constant 2021 international $ | 15,186 constant 2021 international $ | San Marino |
| 2020s | 5,647 constant 2021 international $ | 21,794 constant 2021 international $ | 16,147 constant 2021 international $ | San Marino |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Lower middle income or San Marino?
- San Marino, at 25,363 constant 2021 international $ against 6,680 constant 2021 international $ in Lower middle income as of 2023.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Lower middle income and San Marino?
- 18,683 constant 2021 international $, with San Marino ahead.
- How many years of comparable data are there for Lower middle income and San Marino?
- 9 years are reported by both, from 2015 to 2023.
- How do Lower middle income and San Marino rank globally for households and npishs final consumption expenditure per capita, ppp?
- Lower middle income ranks 29th and San Marino ranks 28th of 41 groups.
- 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.