{"entity":{"iso2":"AE","iso3":"ARE","name":"United Arab Emirates","slug":"united-arab-emirates"},"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":"2007-01-01","value":2.24116},{"date":"2008-01-01","value":2.42271},{"date":"2009-01-01","value":2.46932},{"date":"2010-01-01","value":2.45081},{"date":"2011-01-01","value":2.39665},{"date":"2012-01-01","value":2.38387},{"date":"2013-01-01","value":2.4507},{"date":"2014-01-01","value":2.70284},{"date":"2015-01-01","value":2.80114},{"date":"2016-01-01","value":2.81885},{"date":"2017-01-01","value":2.79005},{"date":"2018-01-01","value":2.60171},{"date":"2019-01-01","value":2.44598},{"date":"2020-01-01","value":2.55115},{"date":"2021-01-01","value":2.7276},{"date":"2022-01-01","value":2.65912},{"date":"2023-01-01","value":2.59554},{"date":"2024-01-01","value":2.56311},{"date":"2025-01-01","value":2.52699}],"summary":{"latest_period":"2025-01-01","latest_value":2.52699,"max":2.81885,"mean":2.55786,"min":2.24116,"of":201,"rank":121,"trend":"rising"}}