{"entity":{"iso2":"PW","iso3":"PLW","name":"Palau","slug":"palau"},"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":"2001-01-01","value":0.807516},{"date":"2002-01-01","value":0.784565},{"date":"2003-01-01","value":0.77423},{"date":"2004-01-01","value":0.791474},{"date":"2005-01-01","value":0.795751},{"date":"2006-01-01","value":0.805031},{"date":"2007-01-01","value":0.808053},{"date":"2008-01-01","value":0.871291},{"date":"2009-01-01","value":0.886975},{"date":"2010-01-01","value":0.885249},{"date":"2011-01-01","value":0.898274},{"date":"2012-01-01","value":0.91187},{"date":"2013-01-01","value":0.928855},{"date":"2014-01-01","value":0.952341},{"date":"2015-01-01","value":0.96024},{"date":"2016-01-01","value":0.938393},{"date":"2017-01-01","value":0.93185},{"date":"2018-01-01","value":0.928822},{"date":"2019-01-01","value":0.914729},{"date":"2020-01-01","value":0.905554},{"date":"2021-01-01","value":0.887517},{"date":"2022-01-01","value":0.923262},{"date":"2023-01-01","value":1.00044},{"date":"2024-01-01","value":0.993467},{"date":"2025-01-01","value":0.963318}],"summary":{"latest_period":"2025-01-01","latest_value":0.963318,"max":1.00044,"mean":0.889963,"min":0.77423,"of":201,"rank":157,"trend":"rising"}}