OECD members vs Russian Federation: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- OECD members
- Russian Federation
How they compare
OECD members currently reports 41.96 trillion constant 2021 international $ against 3.10 trillion constant 2021 international $ in Russian Federation, a difference of 38.86 trillion constant 2021 international $.
That makes OECD members's figure about 13.5 times Russian Federation's.
Across all 29 years both countries report, OECD members has been ahead every year.
OECD members ranks 7th and Russian Federation ranks 4th of 41 groups.
OECD members has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | OECD members | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 24.11 trillion constant 2021 international $ | 891.40 billion constant 2021 international $ | 23.22 trillion constant 2021 international $ | OECD members |
| 2000s | 29.45 trillion constant 2021 international $ | 1.47 trillion constant 2021 international $ | 27.98 trillion constant 2021 international $ | OECD members |
| 2010s | 34.73 trillion constant 2021 international $ | 2.38 trillion constant 2021 international $ | 32.35 trillion constant 2021 international $ | OECD members |
| 2020s | 39.62 trillion constant 2021 international $ | 2.68 trillion constant 2021 international $ | 36.94 trillion constant 2021 international $ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, OECD members or Russian Federation?
- OECD members, at 41.96 trillion constant 2021 international $ against 3.10 trillion constant 2021 international $ in Russian Federation as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between OECD members and Russian Federation?
- 38.86 trillion constant 2021 international $, with OECD members ahead.
- How many years of comparable data are there for OECD members and Russian Federation?
- 29 years are reported by both, from 1996 to 2024.
- How do OECD members and Russian Federation rank globally for households and npishs final consumption expenditure, ppp?
- OECD members ranks 7th and Russian Federation ranks 4th of 41 groups.
- 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.
Individual pages
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.