Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands
Northern Mariana Islands: Households and NPISHs Final consumption expenditure, PPP was 739.50 million constant 2021 international $ in 2022. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands, 2002–2022
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2022, households and npishs final consumption expenditure, ppp in Northern Mariana Islands stood at 739.50 million constant 2021 international $.
The figure is down 3.3% on the previous year and up 46.1% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Northern Mariana Islands peaked at 764.81 million constant 2021 international $ in 2021 and was at its lowest, 495.20 million constant 2021 international $, in 2009.
That places Northern Mariana Islands 165th out of 170 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2002 | 662.47 million constant 2021 international $ | — |
| 2003 | 696.59 million constant 2021 international $ | +5.1% |
| 2004 | 672.38 million constant 2021 international $ | -3.5% |
| 2005 | 573.34 million constant 2021 international $ | -14.7% |
| 2006 | 604.15 million constant 2021 international $ | +5.4% |
| 2007 | 593.14 million constant 2021 international $ | -1.8% |
| 2008 | 585.44 million constant 2021 international $ | -1.3% |
| 2009 | 495.20 million constant 2021 international $ | -15.4% |
| 2010 | 510.61 million constant 2021 international $ | +3.1% |
| 2011 | 495.20 million constant 2021 international $ | -3.0% |
| 2012 | 506.21 million constant 2021 international $ | +2.2% |
| 2013 | 546.92 million constant 2021 international $ | +8.0% |
| 2014 | 586.54 million constant 2021 international $ | +7.2% |
| 2015 | 610.75 million constant 2021 international $ | +4.1% |
| 2016 | 654.77 million constant 2021 international $ | +7.2% |
| 2017 | 728.50 million constant 2021 international $ | +11.3% |
| 2018 | 735.10 million constant 2021 international $ | +0.9% |
| 2019 | 737.30 million constant 2021 international $ | +0.3% |
| 2020 | 688.88 million constant 2021 international $ | -6.6% |
| 2021 | 764.81 million constant 2021 international $ | +11.0% |
| 2022 | 739.50 million constant 2021 international $ | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 610.34 million constant 2021 international $ | 495.20 million constant 2021 international $ | 696.59 million constant 2021 international $ | 8 |
| 2010s | 611.19 million constant 2021 international $ | 495.20 million constant 2021 international $ | 737.30 million constant 2021 international $ | 10 |
| 2020s | 731.07 million constant 2021 international $ | 688.88 million constant 2021 international $ | 764.81 million constant 2021 international $ | 3 |
Countries ranked near Northern Mariana Islands
- 162 Samoa 1.08 billion constant 2021 international $ compare
- 163 Vanuatu 1.02 billion constant 2021 international $ compare
- 164 San Marino 858.78 million constant 2021 international $ compare
- 166 Tonga 669.15 million constant 2021 international $ compare
- 167 American Samoa 613.38 million constant 2021 international $ compare
- 168 Kiribati 537.71 million constant 2021 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, ppp in Northern Mariana Islands?
- Households and npishs final consumption expenditure, ppp in Northern Mariana Islands was 739.50 million constant 2021 international $ in 2022, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Northern Mariana Islands?
- The highest recorded value was 764.81 million constant 2021 international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Northern Mariana Islands?
- The lowest recorded value was 495.20 million constant 2021 international $ in 2009.
- How does Northern Mariana Islands rank for households and npishs final consumption expenditure, ppp?
- Northern Mariana Islands ranks 165th out of 170 countries with data for 2022.
- Is households and npishs final consumption expenditure, ppp rising or falling in Northern Mariana Islands?
- Over the last ten years it is up 46.1%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure expressed in constant 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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.