Ppp conversion factor for private consumption in Micronesia (country)
Micronesia (country): Ppp conversion factor for private consumption was 0.9267 in 2022. ▲ Rising
Latest (2022)
0.9267
Change on year
down 2.4%
World rank
161st
of 204 countries
All-time high
1.03
in 2013
All-time low
0.8423
in 2004
Years of data
24
1999–2022
Ppp conversion factor for private consumption in Micronesia (country), 1999–2022
Source: Our World in Data.
Analysis
In 2022, ppp conversion factor for private consumption in Micronesia (country) stood at 0.9267.
The figure is down 2.4% on the previous year and down 9.8% over ten years.
Over the whole period, ppp conversion factor for private consumption in Micronesia (country) peaked at 1.03 in 2013 and was at its lowest, 0.8423, in 2004.
That places Micronesia (country) 161st out of 204 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Ppp conversion factor for private consumption in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0.9094 | — |
| 2000 | 0.8987 | -1.2% |
| 2001 | 0.8784 | -2.3% |
| 2002 | 0.8637 | -1.7% |
| 2003 | 0.8456 | -2.1% |
| 2004 | 0.8423 | -0.4% |
| 2005 | 0.8493 | +0.8% |
| 2006 | 0.861 | +1.4% |
| 2007 | 0.8647 | +0.4% |
| 2008 | 0.9029 | +4.4% |
| 2009 | 0.9641 | +6.8% |
| 2010 | 0.98 | +1.6% |
| 2011 | 0.9983 | +1.9% |
| 2012 | 1.03 | +2.9% |
| 2013 | 1.03 | +0.3% |
| 2014 | 1.02 | -1.0% |
| 2015 | 1.02 | -0.4% |
| 2016 | 0.9928 | -2.3% |
| 2017 | 0.9778 | -1.5% |
| 2018 | 0.9688 | -0.9% |
| 2019 | 0.9698 | +0.1% |
| 2020 | 0.9633 | -0.7% |
| 2021 | 0.9495 | -1.4% |
| 2022 | 0.9267 | -2.4% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.9267 is below the median for upper middle income countries, which is 8.77, 11% of the median. (57 countries reporting)
- Micronesia (country)'s 0.9267 is below the median for East Asia & Pacific, which is 2.32, 40% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9094 | 0.9094 | 0.9094 | 1 |
| 2000s | 0.8771 | 0.8423 | 0.9641 | 10 |
| 2010s | 0.9981 | 0.9688 | 1.03 | 10 |
| 2020s | 0.9465 | 0.9267 | 0.9633 | 3 |
Countries ranked near Micronesia (country)
- 158 Marshall Islands 0.9521 compare
- 159 Northern Mariana Islands 0.9375 compare
- 160 Kiribati 0.9344 compare
- 162 Palestine 0.9065 compare
- 163 Ireland 0.904 compare
- 164 American Samoa 0.9034 compare
More economy & growth data for Micronesia (country)
- Real gdp growth, annual growth rate 101.67 % change on previous year (2024)
- SDR Allocation, US dollar, per unit of GDP 0.032 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.27 units per person (2025)
- SDR Allocation, US dollar, per capita 141.04 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
- SDR Allocation, SDR, per unit of GDP 0.0233 units per US$ of GDP (2025)
- SDR Allocation, SDR, per capita 102.98 units per person (2025)
- IMF Quota, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0349 units per US$ of GDP (2025)
- IMF Quota, SDR, per capita 63.33 units per person (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Micronesia (country)?
- Ppp conversion factor for private consumption in Micronesia (country) was 0.9267 in 2022, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Micronesia (country)?
- The highest recorded value was 1.03 in 2013.
- What is the lowest ppp conversion factor for private consumption recorded in Micronesia (country)?
- The lowest recorded value was 0.8423 in 2004.
- How does Micronesia (country) rank for ppp conversion factor for private consumption?
- Micronesia (country) ranks 161st out of 204 countries with data for 2022.
- Is ppp conversion factor for private consumption rising or falling in Micronesia (country)?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).