PPP conversion factor, households and NPISHs Final consumption in Aruba
Aruba: PPP conversion factor, households and NPISHs Final consumption was 1.51 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Aruba, 1990–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, households and npishs final consumption in Aruba is 1.51 LCU per international $, measured in 2021.
The figure is down 2.7% on the previous year and down 7.6% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Aruba peaked at 1.64 LCU per international $ in 2008 and was at its lowest, 1.33 LCU per international $, in 1990.
That places Aruba 138th out of 206 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
PPP conversion factor, households and NPISHs Final consumption in Aruba, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 1.33 LCU per international $ | — |
| 1991 | 1.35 LCU per international $ | +1.3% |
| 1992 | 1.36 LCU per international $ | +0.8% |
| 1993 | 1.39 LCU per international $ | +2.2% |
| 1994 | 1.44 LCU per international $ | +3.6% |
| 1995 | 1.45 LCU per international $ | +0.5% |
| 1996 | 1.45 LCU per international $ | +0.3% |
| 1997 | 1.46 LCU per international $ | +0.6% |
| 1998 | 1.47 LCU per international $ | +0.3% |
| 1999 | 1.47 LCU per international $ | +0.1% |
| 2000 | 1.48 LCU per international $ | +0.6% |
| 2001 | 1.48 LCU per international $ | +0.1% |
| 2002 | 1.5 LCU per international $ | +1.7% |
| 2003 | 1.52 LCU per international $ | +1.4% |
| 2004 | 1.52 LCU per international $ | -0.1% |
| 2005 | 1.52 LCU per international $ | +0.0% |
| 2006 | 1.53 LCU per international $ | +0.4% |
| 2007 | 1.56 LCU per international $ | +2.5% |
| 2008 | 1.64 LCU per international $ | +4.9% |
| 2009 | 1.61 LCU per international $ | -1.8% |
| 2010 | 1.62 LCU per international $ | +0.4% |
| 2011 | 1.64 LCU per international $ | +1.1% |
| 2012 | 1.55 LCU per international $ | -5.3% |
| 2013 | 1.53 LCU per international $ | -1.5% |
| 2014 | 1.53 LCU per international $ | +0.2% |
| 2015 | 1.56 LCU per international $ | +1.7% |
| 2016 | 1.53 LCU per international $ | -1.6% |
| 2017 | 1.52 LCU per international $ | -0.6% |
| 2018 | 1.55 LCU per international $ | +2.1% |
| 2019 | 1.61 LCU per international $ | +3.5% |
| 2020 | 1.56 LCU per international $ | -3.1% |
| 2021 | 1.51 LCU per international $ | -2.7% |
Aruba compared with similar countries
- Aruba's 1.51 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 1.4× the median. (77 countries reporting)
- Aruba's 1.51 LCU per international $ is below the median for Latin America & Caribbean, which is 2.39 LCU per international $, 63% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.42 LCU per international $ | 1.33 LCU per international $ | 1.47 LCU per international $ | 10 |
| 2000s | 1.54 LCU per international $ | 1.48 LCU per international $ | 1.64 LCU per international $ | 10 |
| 2010s | 1.56 LCU per international $ | 1.52 LCU per international $ | 1.64 LCU per international $ | 10 |
| 2020s | 1.53 LCU per international $ | 1.51 LCU per international $ | 1.56 LCU per international $ | 2 |
Countries ranked near Aruba
- 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
- 139 Australia 1.46 LCU per international $ compare
- 140 Bermuda 1.44 LCU per international $ compare
- 141 Malaysia 1.43 LCU per international $ compare
More economy & growth data for Aruba
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Aruba?
- Ppp conversion factor, households and npishs final consumption in Aruba was 1.51 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 Aruba?
- The highest recorded value was 1.64 LCU per international $ in 2008.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Aruba?
- The lowest recorded value was 1.33 LCU per international $ in 1990.
- How does Aruba rank for ppp conversion factor, households and npishs final consumption?
- Aruba ranks 138th out of 206 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Aruba?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- Where does this Aruba 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.