Ppp conversion factor for private consumption in British Virgin Islands
British Virgin Islands: Ppp conversion factor for private consumption was 1.02 in 2021. ▼ Falling
Ppp conversion factor for private consumption in British Virgin Islands, 2011–2021
Source: Our World in Data.
Analysis
In 2021, ppp conversion factor for private consumption in British Virgin Islands stood at 1.02. That is the lowest value across all 11 years on record.
That represents a change of down 2.8% on the previous year and down 15.2% over ten years.
Over the whole period, ppp conversion factor for private consumption in British Virgin Islands peaked at 1.2 in 2011 and was at its lowest, 1.02, in 2021.
British Virgin Islands ranks 154th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Ppp conversion factor for private consumption in British Virgin Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1.2 | — |
| 2012 | 1.15 | -4.1% |
| 2013 | 1.17 | +1.2% |
| 2014 | 1.16 | -0.3% |
| 2015 | 1.16 | -0.5% |
| 2016 | 1.14 | -1.8% |
| 2017 | 1.11 | -2.6% |
| 2018 | 1.1 | -0.6% |
| 2019 | 1.08 | -1.9% |
| 2020 | 1.05 | -2.8% |
| 2021 | 1.02 | -2.8% |
British Virgin Islands compared with similar countries
- British Virgin Islands's 1.02 is below the median for high income countries, which is 1.11, 92% of the median. (77 countries reporting)
- British Virgin Islands's 1.02 is below the median for Latin America & Caribbean, which is 2.39, 43% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.14 | 1.08 | 1.2 | 9 |
| 2020s | 1.04 | 1.02 | 1.05 | 2 |
Countries ranked near British Virgin Islands
More economy & growth data for British Virgin Islands
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.36 million BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.51 million BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 42.91 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows 47.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.37 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 1,638 million USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 3.72 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 3.95 % (2024)
Frequently asked questions
- What is ppp conversion factor for private consumption in British Virgin Islands?
- Ppp conversion factor for private consumption in British Virgin Islands was 1.02 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in British Virgin Islands?
- The highest recorded value was 1.2 in 2011.
- What is the lowest ppp conversion factor for private consumption recorded in British Virgin Islands?
- The lowest recorded value was 1.02 in 2021.
- How does British Virgin Islands rank for ppp conversion factor for private consumption?
- British Virgin Islands ranks 154th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in British Virgin Islands?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
- Where does this British Virgin Islands 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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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).