Palau vs Paraguay: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Palau
- Paraguay
How they compare
Palau currently reports 12,023 constant 2021 international $ against 10,324 constant 2021 international $ in Paraguay, a difference of 1,699 constant 2021 international $.
That makes Palau's figure about 1.2 times Paraguay's.
Across all 20 years both countries report, Palau has been ahead every year.
Palau ranks 84th and Paraguay ranks 87th of 170 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10,420 constant 2021 international $ | 6,542 constant 2021 international $ | 3,878 constant 2021 international $ | Palau |
| 2010s | 12,019 constant 2021 international $ | 8,394 constant 2021 international $ | 3,624 constant 2021 international $ | Palau |
| 2020s | 12,265 constant 2021 international $ | 9,357 constant 2021 international $ | 2,908 constant 2021 international $ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Palau or Paraguay?
- Palau, at 12,023 constant 2021 international $ against 10,324 constant 2021 international $ in Paraguay as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Palau and Paraguay?
- 1,699 constant 2021 international $, with Palau ahead.
- How many years of comparable data are there for Palau and Paraguay?
- 20 years are reported by both, from 2005 to 2024.
- How do Palau and Paraguay rank globally for households and npishs final consumption expenditure per capita, ppp?
- Palau ranks 84th and Paraguay ranks 87th 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.
Individual pages
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.