Least developed countries vs Puerto Rico: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Least developed countries
- Puerto Rico
How they compare
Puerto Rico currently reports 27,286 current international $ against 3,116 current international $ in Least developed countries, a difference of 24,170 current international $.
That makes Puerto Rico's figure about 8.8 times Least developed countries's.
Across all 11 years both countries report, Puerto Rico has been ahead every year.
Least developed countries ranks 41st and Puerto Rico ranks 38th of 43 groups.
Puerto Rico has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Puerto Rico | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1,817 current international $ | 17,797 current international $ | 15,979 current international $ | Puerto Rico |
| 2020s | 2,302 current international $ | 24,283 current international $ | 21,981 current international $ | Puerto Rico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Least developed countries or Puerto Rico?
- Puerto Rico, at 27,286 current international $ against 3,116 current international $ in Least developed countries as of 2021.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Least developed countries and Puerto Rico?
- 24,170 current international $, with Puerto Rico ahead.
- How many years of comparable data are there for Least developed countries and Puerto Rico?
- 11 years are reported by both, from 2011 to 2021.
- How do Least developed countries and Puerto Rico rank globally for households and npishs final consumption expenditure per capita, ppp?
- Least developed countries ranks 41st and Puerto Rico ranks 38th of 43 groups.
- 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.