{"entity":{"iso2":"MH","iso3":"MHL","name":"Marshall Islands","slug":"marshall-islands"},"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":"2011-01-01","value":1.08342},{"date":"2012-01-01","value":1.10752},{"date":"2013-01-01","value":1.11173},{"date":"2014-01-01","value":1.106},{"date":"2015-01-01","value":1.07998},{"date":"2016-01-01","value":1.05045},{"date":"2017-01-01","value":1.02906},{"date":"2018-01-01","value":1.01257},{"date":"2019-01-01","value":0.99346},{"date":"2020-01-01","value":0.974896},{"date":"2021-01-01","value":0.952069}],"summary":{"latest_period":"2021-01-01","latest_value":0.952069,"max":1.11173,"mean":1.04556,"min":0.952069,"of":201,"rank":158,"trend":"falling"}}