Australia vs Latin America & Caribbean: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Australia
- Latin America & Caribbean
How they compare
Australia currently reports 35,629 current international $ against 15,062 current international $ in Latin America & Caribbean, a difference of 20,567 current international $.
That makes Australia's figure about 2.4 times Latin America & Caribbean's.
Across all 32 years both countries report, Australia has been ahead every year.
Australia ranks 15th and Latin America & Caribbean ranks 12th of 182 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12,357 current international $ | 4,035 current international $ | 8,323 current international $ | Australia |
| 2000s | 17,526 current international $ | 5,838 current international $ | 11,688 current international $ | Australia |
| 2010s | 24,467 current international $ | 9,276 current international $ | 15,191 current international $ | Australia |
| 2020s | 31,873 current international $ | 12,986 current international $ | 18,886 current international $ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Australia or Latin America & Caribbean?
- Australia, at 35,629 current international $ against 15,062 current international $ in Latin America & Caribbean as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Australia and Latin America & Caribbean?
- 20,567 current international $, with Australia ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 32 years are reported by both, from 1994 to 2025.
- How do Australia and Latin America & Caribbean rank globally for households and npishs final consumption expenditure per capita, ppp?
- Australia ranks 15th and Latin America & Caribbean ranks 12th of 182 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 (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.