Lao People's Democratic Republic vs Zimbabwe: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Lao People's Democratic Republic
- Zimbabwe
How they compare
Lao People's Democratic Republic currently reports 3,829 current international $ against 3,384 current international $ in Zimbabwe, a difference of 445 current international $.
That makes Lao People's Democratic Republic's figure about 1.1 times Zimbabwe's.
The two have swapped places 3 times across 8 shared years of data; in 2009 it was Zimbabwe ahead.
Lao People's Democratic Republic ranks 144th and Zimbabwe ranks 146th of 182 countries.
Zimbabwe has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1,924 current international $ | 2,148 current international $ | 224.67 current international $ | Zimbabwe |
| 2010s | 3,177 current international $ | 3,192 current international $ | 15.32 current international $ | Zimbabwe |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Lao People's Democratic Republic or Zimbabwe?
- Lao People's Democratic Republic, at 3,829 current international $ against 3,384 current international $ in Zimbabwe as of 2016.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Lao People's Democratic Republic and Zimbabwe?
- 445 current international $, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Zimbabwe?
- 8 years are reported by both, from 2009 to 2016.
- How do Lao People's Democratic Republic and Zimbabwe rank globally for households and npishs final consumption expenditure per capita, ppp?
- Lao People's Democratic Republic ranks 144th and Zimbabwe ranks 146th 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.
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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.