PPP conversion factor for private consumption in Argentina
Argentina: PPP conversion factor for private consumption was 42.99 LCU per international $ in 2021. ◆ Volatile
PPP conversion factor for private consumption in Argentina, 2011–2021
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
Argentina recorded 42.99 LCU per international $ for ppp conversion factor for private consumption in 2021. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 43.3% on the previous year and up 1,259.8% over ten years.
Over the whole period, ppp conversion factor for private consumption in Argentina peaked at 42.99 LCU per international $ in 2021 and was at its lowest, 3.16 LCU per international $, in 2011.
That places Argentina 64th out of 204 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPP conversion factor for private consumption in Argentina, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 3.16 LCU per international $ | — |
| 2012 | 3.68 LCU per international $ | +16.4% |
| 2013 | 4.6 LCU per international $ | +25.0% |
| 2014 | 6.44 LCU per international $ | +40.0% |
| 2015 | 8.08 LCU per international $ | +25.5% |
| 2016 | 11.04 LCU per international $ | +36.5% |
| 2017 | 11.08 LCU per international $ | +0.4% |
| 2018 | 14.62 LCU per international $ | +31.9% |
| 2019 | 22.16 LCU per international $ | +51.6% |
| 2020 | 30 LCU per international $ | +35.4% |
| 2021 | 42.99 LCU per international $ | +43.3% |
Argentina compared with similar countries
- Argentina's 42.99 LCU per international $ is above the median for upper middle income countries, which is 8.77 LCU per international $, 4.9× the median. (57 countries reporting)
- Argentina's 42.99 LCU per international $ is above the median for Latin America & Caribbean, which is 2.39 LCU per international $, 18.0× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.43 LCU per international $ | 3.16 LCU per international $ | 22.16 LCU per international $ | 9 |
| 2020s | 36.49 LCU per international $ | 30 LCU per international $ | 42.99 LCU per international $ | 2 |
Countries ranked near Argentina
More economy & growth data for Argentina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.83 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 61.81 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.13 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.7 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Argentina?
- Ppp conversion factor for private consumption in Argentina was 42.99 LCU per international $ in 2021, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Argentina?
- The highest recorded value was 42.99 LCU per international $ in 2021.
- What is the lowest ppp conversion factor for private consumption recorded in Argentina?
- The lowest recorded value was 3.16 LCU per international $ in 2011.
- How does Argentina rank for ppp conversion factor for private consumption?
- Argentina ranks 64th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Argentina?
- Over the last ten years it is up 1,259.8%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).