{"entity":{"iso2":"KI","iso3":"KIR","name":"Kiribati","slug":"kiribati"},"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":"2006-01-01","value":0.942811},{"date":"2007-01-01","value":0.949593},{"date":"2008-01-01","value":1.03945},{"date":"2009-01-01","value":1.14556},{"date":"2010-01-01","value":1.08313},{"date":"2011-01-01","value":1.0657},{"date":"2012-01-01","value":1.0123},{"date":"2013-01-01","value":0.982836},{"date":"2014-01-01","value":0.987495},{"date":"2015-01-01","value":0.991967},{"date":"2016-01-01","value":0.998391},{"date":"2017-01-01","value":0.981043},{"date":"2018-01-01","value":0.963053},{"date":"2019-01-01","value":0.928761},{"date":"2020-01-01","value":0.940868},{"date":"2021-01-01","value":0.917105},{"date":"2022-01-01","value":0.894545},{"date":"2023-01-01","value":0.938936},{"date":"2024-01-01","value":0.93443}],"summary":{"latest_period":"2024-01-01","latest_value":0.93443,"max":1.14556,"mean":0.984104,"min":0.894545,"of":201,"rank":160,"trend":"falling"}}