Northern Mariana Islands vs Panama: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Northern Mariana Islands
- Panama
How they compare
Northern Mariana Islands currently reports 16,049 constant 2021 international $ against 15,977 constant 2021 international $ in Panama, a difference of 72 constant 2021 international $.
The two have swapped places 2 times across 21 shared years of data; in 2002 it was Northern Mariana Islands ahead.
Northern Mariana Islands ranks 65th and Panama ranks 66th of 170 countries.
Across the 3 decades both report, Northern Mariana Islands averaged higher in 2 and Panama in 1.
Head to head by decade
| Decade | Northern Mariana Islands | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9,937 constant 2021 international $ | 9,787 constant 2021 international $ | 150.1 constant 2021 international $ | Northern Mariana Islands |
| 2010s | 11,943 constant 2021 international $ | 13,046 constant 2021 international $ | 1,104 constant 2021 international $ | Panama |
| 2020s | 15,608 constant 2021 international $ | 14,152 constant 2021 international $ | 1,456 constant 2021 international $ | Northern Mariana Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Northern Mariana Islands or Panama?
- Northern Mariana Islands, at 16,049 constant 2021 international $ against 15,977 constant 2021 international $ in Panama as of 2022.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Northern Mariana Islands and Panama?
- 72 constant 2021 international $, with Northern Mariana Islands ahead.
- How many years of comparable data are there for Northern Mariana Islands and Panama?
- 21 years are reported by both, from 2002 to 2022.
- How do Northern Mariana Islands and Panama rank globally for households and npishs final consumption expenditure per capita, ppp?
- Northern Mariana Islands ranks 65th and Panama ranks 66th 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.