Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands
Northern Mariana Islands: Households and NPISHs Final consumption expenditure, PPP was 764.81 million current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Northern Mariana Islands recorded 764.81 million current international $ for households and npishs final consumption expenditure, ppp in 2021. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 14.3% on the previous year and up 79.5% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Northern Mariana Islands peaked at 764.81 million current international $ in 2021 and was at its lowest, 426.11 million current international $, in 2011.
Northern Mariana Islands ranks 178th of 182 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Northern Mariana Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2011 | 426.11 million current international $ | — |
| 2012 | 443.70 million current international $ | +4.1% |
| 2013 | 480.52 million current international $ | +8.3% |
| 2014 | 521.11 million current international $ | +8.4% |
| 2015 | 525.18 million current international $ | +0.8% |
| 2016 | 572.31 million current international $ | +9.0% |
| 2017 | 671.48 million current international $ | +17.3% |
| 2018 | 692.36 million current international $ | +3.1% |
| 2019 | 710.81 million current international $ | +2.7% |
| 2020 | 669.11 million current international $ | -5.9% |
| 2021 | 764.81 million current international $ | +14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 560.40 million current international $ | 426.11 million current international $ | 710.81 million current international $ | 9 |
| 2020s | 716.96 million current international $ | 669.11 million current international $ | 764.81 million current international $ | 2 |
Countries ranked near Northern Mariana Islands
- 175 San Marino 954.87 million current international $ compare
- 176 Vanuatu 932.15 million current international $ compare
- 177 Tonga 810.19 million current international $ compare
- 179 American Samoa 666.34 million current international $ compare
- 180 Kiribati 577.65 million current international $ compare
- 181 Palau 241.54 million current international $ compare
More economy & growth data for Northern Mariana Islands
- Imports of goods and services (current US$), per capita 16,863 current US$ per person (2022)
- GDP per capita in international and market dollars 19,462 constant 2015 US$ (2022)
- Gross domestic product (GDP) 896.76 million constant 2015 US$ (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$), annual growth rate 16.67 % change on previous year (2022)
- Imports of goods and services (current US$), 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 LCU), per capita 16,863 current LCU per person (2022)
- Imports of goods and services (current LCU), per unit of GDP 0.7089 current LCU per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1893 constant 2015 US$ 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 764.81 million current international $ in 2021, 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 current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Northern Mariana Islands?
- The lowest recorded value was 426.11 million current international $ in 2011.
- How does Northern Mariana Islands rank for households and npishs final consumption expenditure, ppp?
- Northern Mariana Islands ranks 178th out of 182 countries with data for 2021.
- Is households and npishs final consumption expenditure, ppp rising or falling in Northern Mariana Islands?
- Over the last ten years it is up 79.5%. 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 (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 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 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. 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.