PPP conversion factor for private consumption in Kiribati
Kiribati: PPP conversion factor for private consumption was 0.9344 LCU per international $ in 2024. ▼ Falling
PPP conversion factor for private consumption in Kiribati, 2006–2024
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
In 2024, ppp conversion factor for private consumption in Kiribati stood at 0.9344 LCU per international $.
Compared with earlier readings it is down 0.5% on the previous year and down 5.4% over ten years.
Over the whole period, ppp conversion factor for private consumption in Kiribati peaked at 1.15 LCU per international $ in 2009 and was at its lowest, 0.8945 LCU per international $, in 2022.
That places Kiribati 160th out of 201 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.02 LCU per international $ | 0.9428 LCU per international $ | 1.15 LCU per international $ | 4 |
| 2010s | 0.9995 LCU per international $ | 0.9288 LCU per international $ | 1.08 LCU per international $ | 10 |
| 2020s | 0.9252 LCU per international $ | 0.8945 LCU per international $ | 0.9409 LCU per international $ | 5 |
Countries ranked near Kiribati
- 157 Palau 0.9633 LCU per international $ compare
- 158 Marshall Islands 0.9521 LCU per international $ compare
- 159 Northern Mariana Islands 0.9375 LCU per international $ compare
- 161 Micronesia (country) 0.9267 LCU per international $ compare
- 162 Palestine 0.9065 LCU per international $ compare
- 163 American Samoa 0.9034 LCU per international $ compare
More economy & growth data for Kiribati
- External balance on goods and services as a percent of GDP -93.1% (2024)
- Inflation of consumer prices 2.5% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
Frequently asked questions
- What is ppp conversion factor for private consumption in Kiribati?
- Ppp conversion factor for private consumption in Kiribati was 0.9344 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 Kiribati?
- The highest recorded value was 1.15 LCU per international $ in 2009.
- What is the lowest ppp conversion factor for private consumption recorded in Kiribati?
- The lowest recorded value was 0.8945 LCU per international $ in 2022.
- How does Kiribati rank for ppp conversion factor for private consumption?
- Kiribati ranks 160th out of 201 countries with data for 2024.
- Is ppp conversion factor for private consumption rising or falling in Kiribati?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this Kiribati 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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