Australia vs New Zealand: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Australia
- New Zealand
How they compare
New Zealand currently reports 1.47 LCU per international $ against 1.4 LCU per international $ in Australia, a difference of 0.07 LCU per international $.
That makes New Zealand's figure about 1.1 times Australia's.
The two have swapped places 4 times across 36 shared years of data; in 1990 it was New Zealand ahead.
Australia ranks 137th and New Zealand ranks 136th of 204 countries.
Across the 4 decades both report, Australia averaged higher in 1 and New Zealand in 3.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.32 LCU per international $ | 1.48 LCU per international $ | 0.1574 LCU per international $ | New Zealand |
| 2000s | 1.38 LCU per international $ | 1.49 LCU per international $ | 0.104 LCU per international $ | New Zealand |
| 2010s | 1.48 LCU per international $ | 1.46 LCU per international $ | 0.0164 LCU per international $ | Australia |
| 2020s | 1.38 LCU per international $ | 1.45 LCU per international $ | 0.0715 LCU per international $ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Australia or New Zealand?
- New Zealand, at 1.47 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 New Zealand?
- 0.07 LCU per international $, with New Zealand ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and New Zealand rank globally for ppp conversion factor, gdp?
- Australia ranks 137th and New Zealand ranks 136th 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.