Cayman Islands vs Turks and Caicos Islands: PPP conversion factor, households and NPISHs Final consumption
PPP conversion factor, households and NPISHs Final consumption over time
- Cayman Islands
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 1.32 LCU per international $ against 1.17 LCU per international $ in Cayman Islands, a difference of 0.15 LCU per international $.
That makes Turks and Caicos Islands's figure about 1.1 times Cayman Islands's.
Across all 11 years both countries report, Turks and Caicos Islands has been ahead every year.
Cayman Islands ranks 146th and Turks and Caicos Islands ranks 143rd of 206 countries.
Turks and Caicos Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cayman Islands | Turks and Caicos Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.16 LCU per international $ | 1.26 LCU per international $ | 0.0992 LCU per international $ | Turks and Caicos Islands |
| 2020s | 1.19 LCU per international $ | 1.31 LCU per international $ | 0.127 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, households and npishs final consumption, Cayman Islands or Turks and Caicos Islands?
- Turks and Caicos Islands, at 1.32 LCU per international $ against 1.17 LCU per international $ in Cayman Islands as of 2021.
- What is the difference in ppp conversion factor, households and npishs final consumption between Cayman Islands and Turks and Caicos Islands?
- 0.15 LCU per international $, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Cayman Islands and Turks and Caicos Islands?
- 11 years are reported by both, from 2011 to 2021.
- How do Cayman Islands and Turks and Caicos Islands rank globally for ppp conversion factor, households and npishs final consumption?
- Cayman Islands ranks 146th and Turks and Caicos Islands ranks 143rd of 206 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, households and NPISHs Final consumption expenditure (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. They 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 households and NPISHs Final consumption expenditure and the base currency is the US dollar.