PPP conversion factor, households and NPISHs Final consumption in Gambia
Gambia: PPP conversion factor, households and NPISHs Final consumption was 19.39 LCU per international $ in 2024. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Gambia, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, households and npishs final consumption in Gambia stood at 19.39 LCU per international $. That is the highest value across all 35 years on record.
That represents a change of up 8.4% on the previous year and up 52.7% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Gambia peaked at 19.39 LCU per international $ in 2024 and was at its lowest, 6.03 LCU per international $, in 1990.
Gambia ranks 79th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, households and NPISHs Final consumption in Gambia, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 6.03 LCU per international $ | — |
| 1991 | 6.28 LCU per international $ | +4.2% |
| 1992 | 6.68 LCU per international $ | +6.3% |
| 1993 | 6.9 LCU per international $ | +3.4% |
| 1994 | 6.84 LCU per international $ | -0.9% |
| 1995 | 7.12 LCU per international $ | +4.1% |
| 1996 | 7 LCU per international $ | -1.8% |
| 1997 | 7.03 LCU per international $ | +0.4% |
| 1998 | 7 LCU per international $ | -0.4% |
| 1999 | 7.11 LCU per international $ | +1.6% |
| 2000 | 6.93 LCU per international $ | -2.4% |
| 2001 | 7.05 LCU per international $ | +1.6% |
| 2002 | 7.53 LCU per international $ | +6.9% |
| 2003 | 8.62 LCU per international $ | +14.4% |
| 2004 | 9.59 LCU per international $ | +11.2% |
| 2005 | 9.72 LCU per international $ | +1.4% |
| 2006 | 9.61 LCU per international $ | -1.1% |
| 2007 | 9.85 LCU per international $ | +2.4% |
| 2008 | 9.9 LCU per international $ | +0.6% |
| 2009 | 10.39 LCU per international $ | +4.9% |
| 2010 | 10.74 LCU per international $ | +3.4% |
| 2011 | 10.91 LCU per international $ | +1.6% |
| 2012 | 11.02 LCU per international $ | +1.0% |
| 2013 | 11.92 LCU per international $ | +8.1% |
| 2014 | 12.7 LCU per international $ | +6.5% |
| 2015 | 13.44 LCU per international $ | +5.9% |
| 2016 | 14.09 LCU per international $ | +4.8% |
| 2017 | 14.9 LCU per international $ | +5.8% |
| 2018 | 14.9 LCU per international $ | +0.0% |
| 2019 | 15.27 LCU per international $ | +2.5% |
| 2020 | 15.24 LCU per international $ | -0.2% |
| 2021 | 15.42 LCU per international $ | +1.2% |
| 2022 | 15.93 LCU per international $ | +3.3% |
| 2023 | 17.89 LCU per international $ | +12.3% |
| 2024 | 19.39 LCU per international $ | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.8 LCU per international $ | 6.03 LCU per international $ | 7.12 LCU per international $ | 10 |
| 2000s | 8.92 LCU per international $ | 6.93 LCU per international $ | 10.39 LCU per international $ | 10 |
| 2010s | 12.99 LCU per international $ | 10.74 LCU per international $ | 15.27 LCU per international $ | 10 |
| 2020s | 16.77 LCU per international $ | 15.24 LCU per international $ | 19.39 LCU per international $ | 5 |
Countries ranked near Gambia
- 76 Philippines 20.53 LCU per international $ compare
- 77 Mauritius 20.11 LCU per international $ compare
- 78 India 19.84 LCU per international $ compare
- 80 Turkey 17.74 LCU per international $ compare
- 81 Suriname 15.63 LCU per international $ compare
- 82 Sao Tome and Principe 14.7 LCU per international $ compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- GDP (current US$), annual growth rate 7.85 % change on previous year (2025)
- GDP (current US$), per capita 919.06 current US$ per person (2025)
- GDP (current LCU), annual growth rate 14.25 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 71.74 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 65,937 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.89 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8552 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 786.01 constant 2015 US$ per person (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Gambia?
- Ppp conversion factor, households and npishs final consumption in Gambia was 19.39 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption recorded in Gambia?
- The highest recorded value was 19.39 LCU per international $ in 2024.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Gambia?
- The lowest recorded value was 6.03 LCU per international $ in 1990.
- How does Gambia rank for ppp conversion factor, households and npishs final consumption?
- Gambia ranks 79th out of 205 countries with data for 2024.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Gambia?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
- Where does this Gambia 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.