Ppp conversion factor for private consumption in Northern Mariana Islands
Northern Mariana Islands: Ppp conversion factor for private consumption was 0.9375 in 2021. ▼ Falling
Ppp conversion factor for private consumption in Northern Mariana Islands, 2011–2021
Source: Our World in Data.
Analysis
Northern Mariana Islands recorded 0.9375 for ppp conversion factor for private consumption in 2021. That is the lowest value across all 11 years on record.
The figure is down 1.5% on the previous year and down 10.4% over ten years.
Over the whole period, ppp conversion factor for private consumption in Northern Mariana Islands peaked at 1.05 in 2011 and was at its lowest, 0.9375, in 2021.
Northern Mariana Islands ranks 159th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Ppp conversion factor for private consumption in Northern Mariana Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1.05 | — |
| 2012 | 1.04 | -0.9% |
| 2013 | 1.02 | -1.6% |
| 2014 | 1.01 | -1.2% |
| 2015 | 1.01 | -0.0% |
| 2016 | 0.9977 | -0.9% |
| 2017 | 0.974 | -2.4% |
| 2018 | 0.9793 | +0.5% |
| 2019 | 0.9609 | -1.9% |
| 2020 | 0.952 | -0.9% |
| 2021 | 0.9375 | -1.5% |
Northern Mariana Islands compared with similar countries
- Northern Mariana Islands's 0.9375 is below the median for high income countries, which is 1.11, 84% of the median. (77 countries reporting)
- Northern Mariana Islands's 0.9375 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 |
|---|---|---|---|---|
| 2010s | 1 | 0.9609 | 1.05 | 9 |
| 2020s | 0.9447 | 0.9375 | 0.952 | 2 |
Countries ranked near Northern Mariana Islands
More economy & growth data for Northern Mariana Islands
- Exports of goods and services (current LCU), per capita 5,295 current LCU per person (2022)
- Exports of goods and services (current US$), annual growth rate 343.64 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.2226 current US$ per US$ of GDP (2022)
- Exports of goods and services (current US$), per capita 5,295 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 343.64 % change on previous year (2022)
- External balance on goods and services as a percent of gdp -48.63 (2022)
- Exports of goods and services (current LCU), per unit of GDP 0.2226 current LCU per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per capita 4,503 constant 2015 US$ per person (2022)
- Imports of goods and services (current US$), per unit of GDP 0.7089 current US$ per US$ of GDP (2022)
- Imports of goods and services (current US$), annual growth rate 16.67 % change on previous year (2022)
Frequently asked questions
- What is ppp conversion factor for private consumption in Northern Mariana Islands?
- Ppp conversion factor for private consumption in Northern Mariana Islands was 0.9375 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Northern Mariana Islands?
- The highest recorded value was 1.05 in 2011.
- What is the lowest ppp conversion factor for private consumption recorded in Northern Mariana Islands?
- The lowest recorded value was 0.9375 in 2021.
- How does Northern Mariana Islands rank for ppp conversion factor for private consumption?
- Northern Mariana Islands ranks 159th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Northern Mariana Islands?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this Northern Mariana Islands 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 — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).