{"entity":{"iso2":"IT","iso3":"ITA","name":"Italy","slug":"italy"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"ppp-conversion-factor-for-private-consumption","source":"ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/ppp-conversion-factor-for-private-consumption","title":"PPP conversion factor for private consumption","unit":"LCU per international $"},"observations":[{"date":"1990-01-01","value":0.711642},{"date":"1991-01-01","value":0.736107},{"date":"1992-01-01","value":0.754014},{"date":"1993-01-01","value":0.775132},{"date":"1994-01-01","value":0.797953},{"date":"1995-01-01","value":0.828588},{"date":"1996-01-01","value":0.847772},{"date":"1997-01-01","value":0.844176},{"date":"1998-01-01","value":0.84659},{"date":"1999-01-01","value":0.845006},{"date":"2000-01-01","value":0.849263},{"date":"2001-01-01","value":0.863064},{"date":"2002-01-01","value":0.877782},{"date":"2003-01-01","value":0.880011},{"date":"2004-01-01","value":0.890592},{"date":"2005-01-01","value":0.891314},{"date":"2006-01-01","value":0.880664},{"date":"2007-01-01","value":0.876043},{"date":"2008-01-01","value":0.847036},{"date":"2009-01-01","value":0.834938},{"date":"2010-01-01","value":0.819127},{"date":"2011-01-01","value":0.819504},{"date":"2012-01-01","value":0.829154},{"date":"2013-01-01","value":0.819559},{"date":"2014-01-01","value":0.82535},{"date":"2015-01-01","value":0.828574},{"date":"2016-01-01","value":0.786256},{"date":"2017-01-01","value":0.777649},{"date":"2018-01-01","value":0.762285},{"date":"2019-01-01","value":0.723354},{"date":"2020-01-01","value":0.713812},{"date":"2021-01-01","value":0.69992},{"date":"2022-01-01","value":0.660397},{"date":"2023-01-01","value":0.631546},{"date":"2024-01-01","value":0.625157},{"date":"2025-01-01","value":0.644824}],"summary":{"latest_period":"2025-01-01","latest_value":0.644824,"max":0.891314,"mean":0.795671,"min":0.625157,"of":201,"rank":177,"trend":"falling"}}