PPP conversion factor for private consumption in Turkmenistan
Turkmenistan: PPP conversion factor for private consumption was 1.57 LCU per international $ in 2021. ▲ Rising
Latest (2021)
1.57 LCU per international $
Change on year
up 5.5%
World rank
134th
of 204 countries
All-time high
1.61 LCU per international $
in 2018
All-time low
1.46 LCU per international $
in 2012
Years of data
11
2011–2021
PPP conversion factor for private consumption in Turkmenistan, 2011–2021
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
Turkmenistan recorded 1.57 LCU per international $ for ppp conversion factor for private consumption in 2021.
That represents a change of up 5.5% on the previous year and up 7.5% over ten years.
Over the whole period, ppp conversion factor for private consumption in Turkmenistan peaked at 1.61 LCU per international $ in 2018 and was at its lowest, 1.46 LCU per international $, in 2012.
Turkmenistan ranks 134th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
PPP conversion factor for private consumption in Turkmenistan, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.46 LCU per international $ | — |
| 2012 | 1.46 LCU per international $ | -0.2% |
| 2013 | 1.49 LCU per international $ | +1.8% |
| 2014 | 1.5 LCU per international $ | +0.9% |
| 2015 | 1.56 LCU per international $ | +3.8% |
| 2016 | 1.54 LCU per international $ | -1.0% |
| 2017 | 1.58 LCU per international $ | +2.3% |
| 2018 | 1.61 LCU per international $ | +2.2% |
| 2019 | 1.54 LCU per international $ | -4.6% |
| 2020 | 1.49 LCU per international $ | -3.1% |
| 2021 | 1.57 LCU per international $ | +5.5% |
Turkmenistan compared with similar countries
- Turkmenistan's 1.57 LCU per international $ is below the median for upper middle income countries, which is 8.77 LCU per international $, 18% of the median. (57 countries reporting)
- Turkmenistan's 1.57 LCU per international $ is above the median for Europe & Central Asia, which is 0.8608 LCU per international $, 1.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.53 LCU per international $ | 1.46 LCU per international $ | 1.61 LCU per international $ | 9 |
| 2020s | 1.53 LCU per international $ | 1.49 LCU per international $ | 1.57 LCU per international $ | 2 |
Countries ranked near Turkmenistan
- 131 Saint Vincent and the Grenadines 1.68 LCU per international $ compare
- 132 Grenada 1.67 LCU per international $ compare
- 133 Saint Lucia 1.59 LCU per international $ compare
- 135 Dominica 1.56 LCU per international $ compare
- 136 Sint Maarten (Dutch part) 1.54 LCU per international $ compare
- 137 New Zealand 1.53 LCU per international $ compare
More economy & growth data for Turkmenistan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.23 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.25 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 19.33 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0372 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 219.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.96 % change on previous year (1999)
- Total reserves (includes gold, current US$), per unit of GDP 0.6174 includes gold, current US$ per US$ of GDP (1999)
- Total reserves (includes gold, current US$), per capita 336.81 includes gold, current US$ per person (1999)
- Total reserves minus gold (current US$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is ppp conversion factor for private consumption in Turkmenistan?
- Ppp conversion factor for private consumption in Turkmenistan was 1.57 LCU per international $ in 2021, 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 Turkmenistan?
- The highest recorded value was 1.61 LCU per international $ in 2018.
- What is the lowest ppp conversion factor for private consumption recorded in Turkmenistan?
- The lowest recorded value was 1.46 LCU per international $ in 2012.
- How does Turkmenistan rank for ppp conversion factor for private consumption?
- Turkmenistan ranks 134th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Turkmenistan?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Turkmenistan 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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