Ppp conversion factor for private consumption in Turks and Caicos Islands
Turks and Caicos Islands: Ppp conversion factor for private consumption was 1.32 in 2021. ▲ Rising
Ppp conversion factor for private consumption in Turks and Caicos Islands, 2011–2021
Source: Our World in Data.
Analysis
Turks and Caicos Islands recorded 1.32 for ppp conversion factor for private consumption in 2021. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 4.6% over ten years.
Over the whole period, ppp conversion factor for private consumption in Turks and Caicos Islands peaked at 1.32 in 2021 and was at its lowest, 1.22, in 2012.
Turks and Caicos Islands ranks 143rd 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 Turks and Caicos Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1.26 | — |
| 2012 | 1.22 | -3.3% |
| 2013 | 1.25 | +2.4% |
| 2014 | 1.25 | +0.2% |
| 2015 | 1.27 | +1.3% |
| 2016 | 1.26 | -0.4% |
| 2017 | 1.25 | -1.0% |
| 2018 | 1.28 | +2.7% |
| 2019 | 1.3 | +1.5% |
| 2020 | 1.31 | +0.9% |
| 2021 | 1.32 | +0.4% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 1.32 is above the median for high income countries, which is 1.11, 1.2× the median. (77 countries reporting)
- Turks and Caicos Islands's 1.32 is below the median for Latin America & Caribbean, which is 2.39, 55% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.26 | 1.22 | 1.3 | 9 |
| 2020s | 1.31 | 1.31 | 1.32 | 2 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.9865 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.7264 current LCU per US$ of GDP (2024)
- GNI (current LCU), annual growth rate 4.9 % change on previous year (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- Services, value added (current LCU), per capita 27,243 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.11 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
Frequently asked questions
- What is ppp conversion factor for private consumption in Turks and Caicos Islands?
- Ppp conversion factor for private consumption in Turks and Caicos Islands was 1.32 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Turks and Caicos Islands?
- The highest recorded value was 1.32 in 2021.
- What is the lowest ppp conversion factor for private consumption recorded in Turks and Caicos Islands?
- The lowest recorded value was 1.22 in 2012.
- How does Turks and Caicos Islands rank for ppp conversion factor for private consumption?
- Turks and Caicos Islands ranks 143rd out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos 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.
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