PPP conversion factor for private consumption in Gambia
Gambia: PPP conversion factor for private consumption was 19.39 LCU per international $ in 2024. ▲ Rising
Latest (2024)
19.39 LCU per international $
Change on year
up 8.4%
World rank
79th
of 204 countries
All-time high
19.39 LCU per international $
in 2024
All-time low
6.03 LCU per international $
in 1990
Years of data
35
1990–2024
PPP conversion factor for private consumption in Gambia, 1990–2024
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
The most recent figure for ppp conversion factor for private consumption in Gambia is 19.39 LCU per international $, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 8.4% on the previous year and up 52.7% over ten years.
Over the whole period, ppp conversion factor for private consumption in Gambia peaked at 19.39 LCU per international $ in 2024 and was at its lowest, 6.03 LCU per international $, in 1990.
Gambia ranks 79th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor for private consumption in Gambia, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 6.03 LCU per international $ | — |
| 1991 | 6.28 LCU per international $ | +4.2% |
| 1992 | 6.68 LCU per international $ | +6.3% |
| 1993 | 6.9 LCU per international $ | +3.4% |
| 1994 | 6.84 LCU per international $ | -0.9% |
| 1995 | 7.12 LCU per international $ | +4.1% |
| 1996 | 7 LCU per international $ | -1.8% |
| 1997 | 7.03 LCU per international $ | +0.4% |
| 1998 | 7 LCU per international $ | -0.4% |
| 1999 | 7.11 LCU per international $ | +1.6% |
| 2000 | 6.93 LCU per international $ | -2.4% |
| 2001 | 7.05 LCU per international $ | +1.6% |
| 2002 | 7.53 LCU per international $ | +6.9% |
| 2003 | 8.62 LCU per international $ | +14.4% |
| 2004 | 9.59 LCU per international $ | +11.2% |
| 2005 | 9.72 LCU per international $ | +1.4% |
| 2006 | 9.61 LCU per international $ | -1.1% |
| 2007 | 9.85 LCU per international $ | +2.4% |
| 2008 | 9.9 LCU per international $ | +0.6% |
| 2009 | 10.39 LCU per international $ | +4.9% |
| 2010 | 10.74 LCU per international $ | +3.4% |
| 2011 | 10.91 LCU per international $ | +1.6% |
| 2012 | 11.02 LCU per international $ | +1.0% |
| 2013 | 11.92 LCU per international $ | +8.1% |
| 2014 | 12.7 LCU per international $ | +6.5% |
| 2015 | 13.44 LCU per international $ | +5.9% |
| 2016 | 14.09 LCU per international $ | +4.8% |
| 2017 | 14.9 LCU per international $ | +5.8% |
| 2018 | 14.9 LCU per international $ | +0.0% |
| 2019 | 15.27 LCU per international $ | +2.5% |
| 2020 | 15.24 LCU per international $ | -0.2% |
| 2021 | 15.42 LCU per international $ | +1.2% |
| 2022 | 15.93 LCU per international $ | +3.3% |
| 2023 | 17.89 LCU per international $ | +12.3% |
| 2024 | 19.39 LCU per international $ | +8.4% |
Gambia compared with similar countries
- Gambia's 19.39 LCU per international $ is below the median for low income countries, which is 211.17 LCU per international $, 9% of the median. (24 countries reporting)
- Gambia's 19.39 LCU per international $ is below the median for Sub-Saharan Africa, which is 197.88 LCU per international $, 10% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.8 LCU per international $ | 6.03 LCU per international $ | 7.12 LCU per international $ | 10 |
| 2000s | 8.92 LCU per international $ | 6.93 LCU per international $ | 10.39 LCU per international $ | 10 |
| 2010s | 12.99 LCU per international $ | 10.74 LCU per international $ | 15.27 LCU per international $ | 10 |
| 2020s | 16.77 LCU per international $ | 15.24 LCU per international $ | 19.39 LCU per international $ | 5 |
Countries ranked near Gambia
- 76 Philippines 20.53 LCU per international $ compare
- 77 Mauritius 20.11 LCU per international $ compare
- 78 India 19.84 LCU per international $ compare
- 80 Turkey 17.74 LCU per international $ compare
- 81 Suriname 15.63 LCU per international $ compare
- 82 Sao Tome and Principe 14.7 LCU per international $ compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -665,150 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.241 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 232.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.05 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0966 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is ppp conversion factor for private consumption in Gambia?
- Ppp conversion factor for private consumption in Gambia was 19.39 LCU per international $ in 2024, 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 Gambia?
- The highest recorded value was 19.39 LCU per international $ in 2024.
- What is the lowest ppp conversion factor for private consumption recorded in Gambia?
- The lowest recorded value was 6.03 LCU per international $ in 1990.
- How does Gambia rank for ppp conversion factor for private consumption?
- Gambia ranks 79th out of 204 countries with data for 2024.
- Is ppp conversion factor for private consumption rising or falling in Gambia?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
- Where does this Gambia 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.
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