{"entity":{"iso2":"PG","iso3":"PNG","name":"Papua New Guinea","slug":"papua-new-guinea"},"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":"1990-01-01","value":0.753599},{"date":"1991-01-01","value":0.773342},{"date":"1992-01-01","value":0.782956},{"date":"1993-01-01","value":0.798336},{"date":"1994-01-01","value":0.800245},{"date":"1995-01-01","value":0.912923},{"date":"1996-01-01","value":0.990024},{"date":"1997-01-01","value":1.00576},{"date":"1998-01-01","value":1.12482},{"date":"1999-01-01","value":1.2651},{"date":"2000-01-01","value":1.41464},{"date":"2001-01-01","value":1.50368},{"date":"2002-01-01","value":1.65486},{"date":"2003-01-01","value":1.85613},{"date":"2004-01-01","value":1.84676},{"date":"2005-01-01","value":1.81797},{"date":"2006-01-01","value":1.80287},{"date":"2007-01-01","value":1.76884},{"date":"2008-01-01","value":1.88676},{"date":"2009-01-01","value":2.02449},{"date":"2010-01-01","value":2.1116},{"date":"2011-01-01","value":2.13789},{"date":"2012-01-01","value":2.18958},{"date":"2013-01-01","value":2.26501},{"date":"2014-01-01","value":2.34524},{"date":"2015-01-01","value":2.48292},{"date":"2016-01-01","value":2.61562},{"date":"2017-01-01","value":2.69993},{"date":"2018-01-01","value":2.75085},{"date":"2019-01-01","value":2.80803},{"date":"2020-01-01","value":2.90895},{"date":"2021-01-01","value":2.90299},{"date":"2022-01-01","value":2.82909},{"date":"2023-01-01","value":2.7797},{"date":"2024-01-01","value":2.71633},{"date":"2025-01-01","value":2.7619}],"summary":{"latest_period":"2025-01-01","latest_value":2.7619,"max":2.90895,"mean":1.89138,"min":0.753599,"of":201,"rank":116,"trend":"rising"}}