Namibia vs Somalia: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Namibia
- Somalia
How they compare
Somalia currently reports 28.91 billion current international $ against 28.61 billion current international $ in Namibia, a difference of 297.90 million current international $.
Across all 5 years both countries report, Somalia has been ahead every year.
Namibia ranks 129th and Somalia ranks 128th of 182 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Namibia | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 17.39 billion current international $ | 25.82 billion current international $ | 8.43 billion current international $ | Somalia |
| 2020s | 18.01 billion current international $ | 27.90 billion current international $ | 9.89 billion current international $ | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Namibia or Somalia?
- Somalia, at 28.91 billion current international $ against 28.61 billion current international $ in Namibia as of 2021.
- What is the difference in households and npishs final consumption expenditure, ppp between Namibia and Somalia?
- 297.90 million current international $, with Somalia ahead.
- How many years of comparable data are there for Namibia and Somalia?
- 5 years are reported by both, from 2017 to 2021.
- How do Namibia and Somalia rank globally for households and npishs final consumption expenditure, ppp?
- Namibia ranks 129th and Somalia ranks 128th of 182 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, 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 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. 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.