Micronesia, Federated States of vs Solomon Islands: Price level index
Price level index over time
- Micronesia, Federated States of
- Solomon Islands
How they compare
Micronesia, Federated States of currently reports 92.67 Households and NPISHs Final consumption expenditure against 91.84 Households and NPISHs Final consumption expenditure in Solomon Islands, a difference of 0.83 Households and NPISHs Final consumption expenditure.
The two have swapped places 4 times across 24 shared years of data; in 1999 it was Micronesia, Federated States of ahead.
Micronesia, Federated States of ranks 24th and Solomon Islands ranks 26th of 205 countries.
Micronesia, Federated States of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 90.94 Households and NPISHs Final consumption expenditure | 76.66 Households and NPISHs Final consumption expenditure | 14.28 Households and NPISHs Final consumption expenditure | Micronesia, Federated States of |
| 2000s | 87.71 Households and NPISHs Final consumption expenditure | 72.49 Households and NPISHs Final consumption expenditure | 15.22 Households and NPISHs Final consumption expenditure | Micronesia, Federated States of |
| 2010s | 99.81 Households and NPISHs Final consumption expenditure | 98.14 Households and NPISHs Final consumption expenditure | 1.67 Households and NPISHs Final consumption expenditure | Micronesia, Federated States of |
| 2020s | 94.65 Households and NPISHs Final consumption expenditure | 93.57 Households and NPISHs Final consumption expenditure | 1.08 Households and NPISHs Final consumption expenditure | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Micronesia, Federated States of or Solomon Islands?
- Micronesia, Federated States of, at 92.67 Households and NPISHs Final consumption expenditure against 91.84 Households and NPISHs Final consumption expenditure in Solomon Islands as of 2022.
- What is the difference in price level index between Micronesia, Federated States of and Solomon Islands?
- 0.83 Households and NPISHs Final consumption expenditure, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Solomon Islands?
- 24 years are reported by both, from 1999 to 2022.
- How do Micronesia, Federated States of and Solomon Islands rank globally for price level index?
- Micronesia, Federated States of ranks 24th and Solomon Islands ranks 26th of 205 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.