PPP conversion factor, households and NPISHs Final consumption in Northern Mariana Islands
Northern Mariana Islands: PPP conversion factor, households and NPISHs Final consumption was 0.9375 LCU per international $ in 2021. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption in Northern Mariana Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Northern Mariana Islands recorded 0.9375 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.
Compared with earlier readings it is down 1.5% on the previous year and down 10.4% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Northern Mariana Islands peaked at 1.05 LCU per international $ in 2011 and was at its lowest, 0.9375 LCU per international $, in 2021.
That places Northern Mariana Islands 159th 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 Northern Mariana Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.05 LCU per international $ | — |
| 2012 | 1.04 LCU per international $ | -0.9% |
| 2013 | 1.02 LCU per international $ | -1.6% |
| 2014 | 1.01 LCU per international $ | -1.2% |
| 2015 | 1.01 LCU per international $ | -0.0% |
| 2016 | 0.9977 LCU per international $ | -0.9% |
| 2017 | 0.974 LCU per international $ | -2.4% |
| 2018 | 0.9793 LCU per international $ | +0.5% |
| 2019 | 0.9609 LCU per international $ | -1.9% |
| 2020 | 0.952 LCU per international $ | -0.9% |
| 2021 | 0.9375 LCU per international $ | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 LCU per international $ | 0.9609 LCU per international $ | 1.05 LCU per international $ | 9 |
| 2020s | 0.9447 LCU per international $ | 0.9375 LCU per international $ | 0.952 LCU per international $ | 2 |
Countries ranked near Northern Mariana Islands
- 156 Tunisia 0.9803 LCU per international $ compare
- 157 Palau 0.9633 LCU per international $ compare
- 158 Marshall Islands 0.9521 LCU per international $ compare
- 160 Kiribati 0.9344 LCU per international $ compare
- 161 Micronesia (country) 0.9267 LCU per international $ compare
- 162 Palestine 0.9065 LCU per international $ compare
More economy & growth data for Northern Mariana Islands
- Inflation, GDP deflator 2.8% (2022)
- GDP growth 16.6% (2022)
- GDP 896.76 million constant 2015 US$ (2022)
- GDP (constant 2015 US$), per capita 19,462 constant 2015 US$ per person (2022)
- GDP 1.10 billion current LCU (2022)
- GDP 1.10 billion current US$ (2022)
- GDP deflator 134.81 base year varies by country (2022)
- GDP (constant 2015 US$), annual growth rate 16.64 % change on previous year (2022)
- External balance on goods and services -48.6% (2022)
- Trade 93.2% (2022)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Northern Mariana Islands?
- Ppp conversion factor, households and npishs final consumption in Northern Mariana Islands was 0.9375 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 Northern Mariana Islands?
- The highest recorded value was 1.05 LCU per international $ in 2011.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Northern Mariana Islands?
- The lowest recorded value was 0.9375 LCU per international $ in 2021.
- How does Northern Mariana Islands rank for ppp conversion factor, households and npishs final consumption?
- Northern Mariana Islands ranks 159th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Northern Mariana Islands?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this Northern Mariana 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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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.