PPP conversion factor, households and NPISHs Final consumption in Eritrea
Eritrea: PPP conversion factor, households and NPISHs Final consumption was 5.2 LCU per international $ in 2021. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption in Eritrea, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Eritrea recorded 5.2 LCU per international $ for ppp conversion factor, households and npishs final consumption in 2021.
That represents a change of up 4.2% on the previous year and down 19.3% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Eritrea peaked at 7.61 LCU per international $ in 2015 and was at its lowest, 4.58 LCU per international $, in 2018.
That places Eritrea 108th out of 205 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6 LCU per international $ | 4.58 LCU per international $ | 7.61 LCU per international $ | 9 |
| 2020s | 5.09 LCU per international $ | 4.99 LCU per international $ | 5.2 LCU per international $ | 2 |
Countries ranked near Eritrea
- 105 Hong Kong (China) 5.77 LCU per international $ compare
- 106 Botswana 5.31 LCU per international $ compare
- 107 Ghana 5.25 LCU per international $ compare
- 109 Macau (China) 4.95 LCU per international $ compare
- 110 Morocco 3.96 LCU per international $ compare
- 111 Trinidad and Tobago 3.84 LCU per international $ compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Taxes less subsidies on products (current US$), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0278 current US$ per US$ of GDP (2009)
- Taxes less subsidies on products (current US$), per capita 17.9 current US$ per person (2009)
- Taxes less subsidies on products (current LCU), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.4282 current LCU per US$ of GDP (2009)
- Taxes less subsidies on products (current LCU), per capita 275.29 current LCU per person (2009)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0484 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 20.65 (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Eritrea?
- Ppp conversion factor, households and npishs final consumption in Eritrea was 5.2 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 Eritrea?
- The highest recorded value was 7.61 LCU per international $ in 2015.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Eritrea?
- The lowest recorded value was 4.58 LCU per international $ in 2018.
- How does Eritrea rank for ppp conversion factor, households and npishs final consumption?
- Eritrea ranks 108th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Eritrea?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
- Where does this Eritrea 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.