Households and NPISHs Final consumption expenditure per capita, PPP in Northern Mariana Islands
Northern Mariana Islands: Households and NPISHs Final consumption expenditure per capita, PPP was 16,280 current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Northern Mariana Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Northern Mariana Islands is 16,280 current international $, measured in 2021. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 15.6% on the previous year and up 104.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Northern Mariana Islands peaked at 16,280 current international $ in 2021 and was at its lowest, 7,949 current international $, in 2011.
That places Northern Mariana Islands 76th out of 182 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Northern Mariana Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2011 | 7,949 current international $ | — |
| 2012 | 8,335 current international $ | +4.9% |
| 2013 | 9,108 current international $ | +9.3% |
| 2014 | 9,987 current international $ | +9.7% |
| 2015 | 10,195 current international $ | +2.1% |
| 2016 | 11,272 current international $ | +10.6% |
| 2017 | 13,441 current international $ | +19.2% |
| 2018 | 14,108 current international $ | +5.0% |
| 2019 | 14,769 current international $ | +4.7% |
| 2020 | 14,078 current international $ | -4.7% |
| 2021 | 16,280 current international $ | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11,018 current international $ | 7,949 current international $ | 14,769 current international $ | 9 |
| 2020s | 15,179 current international $ | 14,078 current international $ | 16,280 current international $ | 2 |
Countries ranked near Northern Mariana Islands
- 73 Albania 16,569 current international $ compare
- 74 Oman 16,498 current international $ compare
- 75 Armenia 16,445 current international $ compare
- 77 Bosnia and Herzegovina 16,241 current international $ compare
- 78 Colombia 15,249 current international $ compare
- 79 Argentina 14,938 current international $ compare
More economy & growth data for Northern Mariana Islands
- Imports of goods and services (current US$), annual growth rate 16.67 % change on previous year (2022)
- GDP per capita 19,462 constant 2015 US$ (2022)
- Exports of goods and services (current LCU), per capita 5,295 current LCU per person (2022)
- Exports of goods and services (constant 2015 US$), annual growth rate 323.91 % change on previous year (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1893 constant 2015 US$ per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per capita 4,503 constant 2015 US$ per person (2022)
- Imports of goods and services (current US$), per unit of GDP 0.7089 current US$ per US$ of GDP (2022)
- Imports of goods and services (current LCU), annual growth rate 16.67 % change on previous year (2022)
- Imports of goods and services (current US$), per capita 16,863 current US$ per person (2022)
- Exports of goods and services (current LCU), per unit of GDP 0.2226 current LCU per US$ of GDP (2022)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Northern Mariana Islands?
- Households and npishs final consumption expenditure per capita, ppp in Northern Mariana Islands was 16,280 current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Northern Mariana Islands?
- The highest recorded value was 16,280 current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Northern Mariana Islands?
- The lowest recorded value was 7,949 current international $ in 2011.
- How does Northern Mariana Islands rank for households and npishs final consumption expenditure per capita, ppp?
- Northern Mariana Islands ranks 76th out of 182 countries with data for 2021.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Northern Mariana Islands?
- Over the last ten years it is up 104.8%. The long-run trend across the full record is rising.
- Where does this Northern Mariana Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The 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 GDP and its expenditure components.