Armenia vs Guinea: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Armenia
- Guinea
How they compare
Armenia currently reports 40.66 billion constant 2021 international $ against 40.49 billion constant 2021 international $ in Guinea, a difference of 166.80 million constant 2021 international $.
The two have swapped places 5 times across 20 shared years of data; in 2006 it was Guinea ahead.
Armenia ranks 102nd and Guinea ranks 103rd of 170 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Guinea in 1.
Head to head by decade
| Decade | Armenia | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.38 billion constant 2021 international $ | 22.26 billion constant 2021 international $ | 1.12 billion constant 2021 international $ | Armenia |
| 2010s | 28.19 billion constant 2021 international $ | 27.41 billion constant 2021 international $ | 771.27 million constant 2021 international $ | Armenia |
| 2020s | 33.90 billion constant 2021 international $ | 36.59 billion constant 2021 international $ | 2.69 billion constant 2021 international $ | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Armenia or Guinea?
- Armenia, at 40.66 billion constant 2021 international $ against 40.49 billion constant 2021 international $ in Guinea as of 2025.
- What is the difference in households and npishs final consumption expenditure, ppp between Armenia and Guinea?
- 166.80 million constant 2021 international $, with Armenia ahead.
- How many years of comparable data are there for Armenia and Guinea?
- 20 years are reported by both, from 2006 to 2025.
- How do Armenia and Guinea rank globally for households and npishs final consumption expenditure, ppp?
- Armenia ranks 102nd and Guinea ranks 103rd of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (constant 2021 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 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. 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.