Eritrea vs Libya: Price level index
Price level index over time
- Eritrea
- Libya
How they compare
Eritrea currently reports 34.47 Households and NPISHs Final consumption expenditure against 33.79 Households and NPISHs Final consumption expenditure in Libya, a difference of 0.68 Households and NPISHs Final consumption expenditure.
The two have swapped places 2 times across 11 shared years of data; in 2011 it was Libya ahead.
Eritrea ranks 162nd and Libya ranks 165th of 204 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Eritrea | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 39.25 Households and NPISHs Final consumption expenditure | 56.27 Households and NPISHs Final consumption expenditure | 17.02 Households and NPISHs Final consumption expenditure | Libya |
| 2020s | 33.77 Households and NPISHs Final consumption expenditure | 78.19 Households and NPISHs Final consumption expenditure | 44.42 Households and NPISHs Final consumption expenditure | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Eritrea or Libya?
- Eritrea, at 34.47 Households and NPISHs Final consumption expenditure against 33.79 Households and NPISHs Final consumption expenditure in Libya as of 2021.
- What is the difference in price level index between Eritrea and Libya?
- 0.68 Households and NPISHs Final consumption expenditure, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Libya?
- 11 years are reported by both, from 2011 to 2021.
- How do Eritrea and Libya rank globally for price level index?
- Eritrea ranks 162nd and Libya ranks 165th of 204 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (Households and NPISHs Final consumption expenditure). 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. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.