Marshall Islands vs Turks and Caicos Islands: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Marshall Islands
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 0.9868 LCU per international $ against 0.947 LCU per international $ in Marshall Islands, a difference of 0.0398 LCU per international $.
Across all 18 years both countries report, Turks and Caicos Islands has been ahead every year.
Marshall Islands ranks 154th and Turks and Caicos Islands ranks 151st of 204 countries.
Turks and Caicos Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Turks and Caicos Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8903 LCU per international $ | 0.9287 LCU per international $ | 0.0384 LCU per international $ | Turks and Caicos Islands |
| 2010s | 0.9374 LCU per international $ | 1.03 LCU per international $ | 0.0945 LCU per international $ | Turks and Caicos Islands |
| 2020s | 0.9098 LCU per international $ | 1.04 LCU per international $ | 0.1252 LCU per international $ | Turks and Caicos Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Marshall Islands or Turks and Caicos Islands?
- Turks and Caicos Islands, at 0.9868 LCU per international $ against 0.947 LCU per international $ in Marshall Islands as of 2024.
- What is the difference in ppp conversion factor, gdp between Marshall Islands and Turks and Caicos Islands?
- 0.0398 LCU per international $, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Marshall Islands and Turks and Caicos Islands?
- 18 years are reported by both, from 2007 to 2024.
- How do Marshall Islands and Turks and Caicos Islands rank globally for ppp conversion factor, gdp?
- Marshall Islands ranks 154th and Turks and Caicos Islands ranks 151st 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.