PPP conversion factor for private consumption in Micronesia (country)
Micronesia (country): PPP conversion factor for private consumption was 0.9267 LCU per international $ in 2022. ▲ Rising
Latest (2022)
0.9267 LCU per international $
Change on year
down 2.4%
World rank
161st
of 204 countries
All-time high
1.03 LCU per international $
in 2013
All-time low
0.8423 LCU per international $
in 2004
Years of data
24
1999–2022
PPP conversion factor for private consumption in Micronesia (country), 1999–2022
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 2022, ppp conversion factor for private consumption in Micronesia (country) stood at 0.9267 LCU per international $.
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 LCU per international $ in 2013 and was at its lowest, 0.8423 LCU per international $, 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 | LCU per international $ | Change |
|---|---|---|
| 1999 | 0.9094 LCU per international $ | — |
| 2000 | 0.8987 LCU per international $ | -1.2% |
| 2001 | 0.8784 LCU per international $ | -2.3% |
| 2002 | 0.8637 LCU per international $ | -1.7% |
| 2003 | 0.8456 LCU per international $ | -2.1% |
| 2004 | 0.8423 LCU per international $ | -0.4% |
| 2005 | 0.8493 LCU per international $ | +0.8% |
| 2006 | 0.861 LCU per international $ | +1.4% |
| 2007 | 0.8647 LCU per international $ | +0.4% |
| 2008 | 0.9029 LCU per international $ | +4.4% |
| 2009 | 0.9641 LCU per international $ | +6.8% |
| 2010 | 0.98 LCU per international $ | +1.6% |
| 2011 | 0.9983 LCU per international $ | +1.9% |
| 2012 | 1.03 LCU per international $ | +2.9% |
| 2013 | 1.03 LCU per international $ | +0.3% |
| 2014 | 1.02 LCU per international $ | -1.0% |
| 2015 | 1.02 LCU per international $ | -0.4% |
| 2016 | 0.9928 LCU per international $ | -2.3% |
| 2017 | 0.9778 LCU per international $ | -1.5% |
| 2018 | 0.9688 LCU per international $ | -0.9% |
| 2019 | 0.9698 LCU per international $ | +0.1% |
| 2020 | 0.9633 LCU per international $ | -0.7% |
| 2021 | 0.9495 LCU per international $ | -1.4% |
| 2022 | 0.9267 LCU per international $ | -2.4% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.9267 LCU per international $ is below the median for upper middle income countries, which is 8.77 LCU per international $, 11% of the median. (57 countries reporting)
- Micronesia (country)'s 0.9267 LCU per international $ is below the median for East Asia & Pacific, which is 2.32 LCU per international $, 40% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9094 LCU per international $ | 0.9094 LCU per international $ | 0.9094 LCU per international $ | 1 |
| 2000s | 0.8771 LCU per international $ | 0.8423 LCU per international $ | 0.9641 LCU per international $ | 10 |
| 2010s | 0.9981 LCU per international $ | 0.9688 LCU per international $ | 1.03 LCU per international $ | 10 |
| 2020s | 0.9465 LCU per international $ | 0.9267 LCU per international $ | 0.9633 LCU per international $ | 3 |
Countries ranked near Micronesia (country)
- 158 Marshall Islands 0.9521 LCU per international $ compare
- 159 Northern Mariana Islands 0.9375 LCU per international $ compare
- 160 Kiribati 0.9344 LCU per international $ compare
- 162 Palestine 0.9065 LCU per international $ compare
- 163 Ireland 0.904 LCU per international $ compare
- 164 American Samoa 0.9034 LCU per international $ compare
More economy & growth data for Micronesia (country)
- Industry (including construction), value added (constant LCU), annual 19.1 % change on previous year (2025)
- Services, value added (current US$), per capita 2,881 current US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.6526 current US$ per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 976.4 current LCU per person (2025)
- Services, value added (current US$), annual growth rate 2.29 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 96.73 constant LCU per person (2025)
- Industry (including construction), value added (constant LCU), per 0.0219 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 0.0528 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 232.87 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 19.1 % change on previous year (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 LCU per international $ in 2022, 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 Micronesia (country)?
- The highest recorded value was 1.03 LCU per international $ in 2013.
- What is the lowest ppp conversion factor for private consumption recorded in Micronesia (country)?
- The lowest recorded value was 0.8423 LCU per international $ 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 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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