Ppp conversion factor for private consumption in Argentina

Argentina: Ppp conversion factor for private consumption was 42.99 in 2021. ◆ Volatile

Latest (2021)
42.99
Change on year
up 43.3%
World rank
64th
of 204 countries
All-time high
42.99
in 2021
All-time low
3.16
in 2011
Years of data
11
2011–2021

Ppp conversion factor for private consumption in Argentina, 2011–2021

0102030402011201620212011: 3.22012: 3.72013: 4.62014: 6.42015: 8.12016: 112017: 11.12018: 14.62019: 22.22020: 302021: 43

Source: Our World in Data.

Analysis

Argentina recorded 42.99 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 in 2021 and was at its lowest, 3.16, 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

Annual values for Ppp conversion factor for private consumption in Argentina, 2011 to 2021.
Year Value Change
2011 3.16 —
2012 3.68 +16.4%
2013 4.6 +25.0%
2014 6.44 +40.0%
2015 8.08 +25.5%
2016 11.04 +36.5%
2017 11.08 +0.4%
2018 14.62 +31.9%
2019 22.16 +51.6%
2020 30 +35.4%
2021 42.99 +43.3%

Argentina compared with similar countries

  • Argentina's 42.99 is above the median for upper middle income countries, which is 8.77, 4.9× the median. (57 countries reporting)
  • Argentina's 42.99 is above the median for Latin America & Caribbean, which is 2.39, 18.0× the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.43 3.16 22.16 9
2020s 36.49 30 42.99 2

Countries ranked near Argentina

  1. 61 Serbia 52.93 compare
  2. 62 Albania 47.12 compare
  3. 63 Kenya 44.98 compare
  4. 65 Algeria 41.74 compare
  5. 66 Nepal 35.27 compare
  6. 67 Bangladesh 34.94 compare

See the full ranking of 204 places →

More economy & growth data for Argentina

All data for Argentina →

Frequently asked questions

What is ppp conversion factor for private consumption in Argentina?
Ppp conversion factor for private consumption in Argentina was 42.99 in 2021, according to Our World in Data.
What is the highest ppp conversion factor for private consumption recorded in Argentina?
The highest recorded value was 42.99 in 2021.
What is the lowest ppp conversion factor for private consumption recorded in Argentina?
The lowest recorded value was 3.16 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 Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.

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Ppp conversion factor for private consumption in Argentina. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/ppp-conversion-factor-for-private-consumption/argentina/

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About this data

Indicator
Ppp conversion factor for private consumption
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
204 places, 6,323 data points, 1990–2025
Last refreshed