Colombia vs Northern Mariana Islands: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Colombia
- Northern Mariana Islands
How they compare
Northern Mariana Islands currently reports 16,280 current international $ against 15,249 current international $ in Colombia, a difference of 1,031 current international $.
That makes Northern Mariana Islands's figure about 1.1 times Colombia's.
Across all 11 years both countries report, Northern Mariana Islands has been ahead every year.
Colombia ranks 78th and Northern Mariana Islands ranks 76th of 182 countries.
Northern Mariana Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | Northern Mariana Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8,675 current international $ | 11,018 current international $ | 2,343 current international $ | Northern Mariana Islands |
| 2020s | 10,197 current international $ | 15,179 current international $ | 4,982 current 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, Colombia or Northern Mariana Islands?
- Northern Mariana Islands, at 16,280 current international $ against 15,249 current international $ in Colombia as of 2021.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Colombia and Northern Mariana Islands?
- 1,031 current international $, with Northern Mariana Islands ahead.
- How many years of comparable data are there for Colombia and Northern Mariana Islands?
- 11 years are reported by both, from 2011 to 2021.
- How do Colombia and Northern Mariana Islands rank globally for households and npishs final consumption expenditure per capita, ppp?
- Colombia ranks 78th and Northern Mariana Islands ranks 76th 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.