Australia vs Grenada: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Australia
- Grenada
How they compare
Grenada currently reports 1.53 LCU per international $ against 1.4 LCU per international $ in Australia, a difference of 0.13 LCU per international $.
That makes Grenada's figure about 1.1 times Australia's.
Across all 36 years both countries report, Grenada has been ahead every year.
Australia ranks 137th and Grenada ranks 134th of 204 countries.
Grenada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.32 LCU per international $ | 1.74 LCU per international $ | 0.4254 LCU per international $ | Grenada |
| 2000s | 1.38 LCU per international $ | 1.76 LCU per international $ | 0.3772 LCU per international $ | Grenada |
| 2010s | 1.48 LCU per international $ | 1.77 LCU per international $ | 0.2883 LCU per international $ | Grenada |
| 2020s | 1.38 LCU per international $ | 1.62 LCU per international $ | 0.2377 LCU per international $ | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Australia or Grenada?
- Grenada, at 1.53 LCU per international $ against 1.4 LCU per international $ in Australia as of 2025.
- What is the difference in ppp conversion factor, gdp between Australia and Grenada?
- 0.13 LCU per international $, with Grenada ahead.
- How many years of comparable data are there for Australia and Grenada?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Grenada rank globally for ppp conversion factor, gdp?
- Australia ranks 137th and Grenada ranks 134th of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The purchasing power parity (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 gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.