{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"1991-01-01","value":0.0106011},{"date":"1992-01-01","value":0.108214},{"date":"1993-01-01","value":0.219671},{"date":"1994-01-01","value":0.291},{"date":"1995-01-01","value":0.337054},{"date":"1996-01-01","value":0.376433},{"date":"1997-01-01","value":0.398216},{"date":"1998-01-01","value":0.412452},{"date":"1999-01-01","value":0.417459},{"date":"2000-01-01","value":0.412666},{"date":"2001-01-01","value":0.402834},{"date":"2002-01-01","value":0.41229},{"date":"2003-01-01","value":0.432523},{"date":"2004-01-01","value":0.455681},{"date":"2005-01-01","value":0.492465},{"date":"2006-01-01","value":0.544346},{"date":"2007-01-01","value":0.599733},{"date":"2008-01-01","value":0.640996},{"date":"2009-01-01","value":0.609954},{"date":"2010-01-01","value":0.566354},{"date":"2011-01-01","value":0.577839},{"date":"2012-01-01","value":0.5805},{"date":"2013-01-01","value":0.564248},{"date":"2014-01-01","value":0.569704},{"date":"2015-01-01","value":0.569316},{"date":"2016-01-01","value":0.561071},{"date":"2017-01-01","value":0.562037},{"date":"2018-01-01","value":0.565924},{"date":"2019-01-01","value":0.554497},{"date":"2020-01-01","value":0.550859},{"date":"2021-01-01","value":0.520726},{"date":"2022-01-01","value":0.535951},{"date":"2023-01-01","value":0.532479},{"date":"2024-01-01","value":0.533129},{"date":"2025-01-01","value":0.552125}],"summary":{"latest_period":"2025-01-01","latest_value":0.552125,"max":0.640996,"mean":0.47061,"min":0.0106011,"of":201,"rank":185,"trend":"rising"}}