PPP conversion factor, households and NPISHs Final consumption in Argentina
Argentina: PPP conversion factor, households and NPISHs Final consumption was 42.99 LCU per international $ in 2021. ◆ Volatile
PPP conversion factor, households and NPISHs Final consumption in Argentina, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Argentina recorded 42.99 LCU per international $ for ppp conversion factor, households and npishs final consumption in 2021. That is the highest value across all 11 years on record.
The figure is up 43.3% on the previous year and up 1,259.8% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Argentina peaked at 42.99 LCU per international $ in 2021 and was at its lowest, 3.16 LCU per international $, in 2011.
Argentina ranks 64th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPP conversion factor, households and NPISHs Final consumption in Argentina, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 3.16 LCU per international $ | — |
| 2012 | 3.68 LCU per international $ | +16.4% |
| 2013 | 4.6 LCU per international $ | +25.0% |
| 2014 | 6.44 LCU per international $ | +40.0% |
| 2015 | 8.08 LCU per international $ | +25.5% |
| 2016 | 11.04 LCU per international $ | +36.5% |
| 2017 | 11.08 LCU per international $ | +0.4% |
| 2018 | 14.62 LCU per international $ | +31.9% |
| 2019 | 22.16 LCU per international $ | +51.6% |
| 2020 | 30 LCU per international $ | +35.4% |
| 2021 | 42.99 LCU per international $ | +43.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.43 LCU per international $ | 3.16 LCU per international $ | 22.16 LCU per international $ | 9 |
| 2020s | 36.49 LCU per international $ | 30 LCU per international $ | 42.99 LCU per international $ | 2 |
Countries ranked near Argentina
More economy & growth data for Argentina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- GNI (current LCU), annual growth rate 45.21 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,216 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 18.11 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.54 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -43.18 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.143 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1544 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,300 current US$ per person (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Argentina?
- Ppp conversion factor, households and npishs final consumption in Argentina was 42.99 LCU per international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption recorded in Argentina?
- The highest recorded value was 42.99 LCU per international $ in 2021.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Argentina?
- The lowest recorded value was 3.16 LCU per international $ in 2011.
- How does Argentina rank for ppp conversion factor, households and npishs final consumption?
- Argentina ranks 64th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Argentina?
- Over the last ten years it is up 1,259.8%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.