PPP conversion factor, households and NPISHs Final consumption in British Virgin Islands
British Virgin Islands: PPP conversion factor, households and NPISHs Final consumption was 1.02 LCU per international $ in 2021. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption in British Virgin Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
British Virgin Islands recorded 1.02 LCU per international $ for ppp conversion factor, households and npishs final consumption in 2021. That is the lowest value across all 11 years on record.
The figure is down 2.8% on the previous year and down 15.2% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in British Virgin Islands peaked at 1.2 LCU per international $ in 2011 and was at its lowest, 1.02 LCU per international $, in 2021.
That places British Virgin Islands 154th out of 205 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
PPP conversion factor, households and NPISHs Final consumption in British Virgin Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.2 LCU per international $ | — |
| 2012 | 1.15 LCU per international $ | -4.1% |
| 2013 | 1.17 LCU per international $ | +1.2% |
| 2014 | 1.16 LCU per international $ | -0.3% |
| 2015 | 1.16 LCU per international $ | -0.5% |
| 2016 | 1.14 LCU per international $ | -1.8% |
| 2017 | 1.11 LCU per international $ | -2.6% |
| 2018 | 1.1 LCU per international $ | -0.6% |
| 2019 | 1.08 LCU per international $ | -1.9% |
| 2020 | 1.05 LCU per international $ | -2.8% |
| 2021 | 1.02 LCU per international $ | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.14 LCU per international $ | 1.08 LCU per international $ | 1.2 LCU per international $ | 9 |
| 2020s | 1.04 LCU per international $ | 1.02 LCU per international $ | 1.05 LCU per international $ | 2 |
Countries ranked near British Virgin Islands
- 151 Georgia 1.09 LCU per international $ compare
- 152 Switzerland 1.07 LCU per international $ compare
- 153 Singapore 1.02 LCU per international $ compare
- 155 United States 1 LCU per international $ compare
- 156 Tunisia 0.9803 LCU per international $ compare
- 157 Palau 0.9633 LCU per international $ compare
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Gross Fixed Capital Formation — Value US$ 374.56 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.86 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 390.8 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 390.8 million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 95.85 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 95.85 SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.86 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1,638 million SLC (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in British Virgin Islands?
- Ppp conversion factor, households and npishs final consumption in British Virgin Islands was 1.02 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 British Virgin Islands?
- The highest recorded value was 1.2 LCU per international $ in 2011.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in British Virgin Islands?
- The lowest recorded value was 1.02 LCU per international $ in 2021.
- How does British Virgin Islands rank for ppp conversion factor, households and npishs final consumption?
- British Virgin Islands ranks 154th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in British Virgin Islands?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
- Where does this British Virgin Islands 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.