Micronesia, Federated States of vs Turks and Caicos Islands: Price level index
Price level index over time
- Micronesia, Federated States of
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 98.68 GDP against 95.87 GDP in Micronesia, Federated States of, a difference of 2.81 GDP.
Across all 18 years both countries report, Turks and Caicos Islands has been ahead every year.
Micronesia, Federated States of ranks 10th and Turks and Caicos Islands ranks 9th 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 | Micronesia, Federated States of | Turks and Caicos Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 82.93 GDP | 92.87 GDP | 9.94 GDP | Turks and Caicos Islands |
| 2010s | 91.96 GDP | 103.19 GDP | 11.23 GDP | Turks and Caicos Islands |
| 2020s | 91.6 GDP | 103.5 GDP | 11.9 GDP | Turks and Caicos Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Micronesia, Federated States of or Turks and Caicos Islands?
- Turks and Caicos Islands, at 98.68 GDP against 95.87 GDP in Micronesia, Federated States of as of 2024.
- What is the difference in price level index between Micronesia, Federated States of and Turks and Caicos Islands?
- 2.81 GDP, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Turks and Caicos Islands?
- 18 years are reported by both, from 2007 to 2024.
- How do Micronesia, Federated States of and Turks and Caicos Islands rank globally for price level index?
- Micronesia, Federated States of ranks 10th and Turks and Caicos Islands ranks 9th of 204 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.