PPP conversion factor, households and NPISHs Final consumption in Turkmenistan
Turkmenistan: PPP conversion factor, households and NPISHs Final consumption was 1.57 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Turkmenistan, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Turkmenistan recorded 1.57 LCU per international $ for ppp conversion factor, households and npishs final consumption in 2021.
Compared with earlier readings it is up 5.5% on the previous year and up 7.5% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Turkmenistan peaked at 1.61 LCU per international $ in 2018 and was at its lowest, 1.46 LCU per international $, in 2012.
That places Turkmenistan 134th out of 205 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
PPP conversion factor, households and NPISHs Final consumption in Turkmenistan, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.46 LCU per international $ | — |
| 2012 | 1.46 LCU per international $ | -0.2% |
| 2013 | 1.49 LCU per international $ | +1.8% |
| 2014 | 1.5 LCU per international $ | +0.9% |
| 2015 | 1.56 LCU per international $ | +3.8% |
| 2016 | 1.54 LCU per international $ | -1.0% |
| 2017 | 1.58 LCU per international $ | +2.3% |
| 2018 | 1.61 LCU per international $ | +2.2% |
| 2019 | 1.54 LCU per international $ | -4.6% |
| 2020 | 1.49 LCU per international $ | -3.1% |
| 2021 | 1.57 LCU per international $ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.53 LCU per international $ | 1.46 LCU per international $ | 1.61 LCU per international $ | 9 |
| 2020s | 1.53 LCU per international $ | 1.49 LCU per international $ | 1.57 LCU per international $ | 2 |
Countries ranked near Turkmenistan
- 131 Saint Vincent and the Grenadines 1.68 LCU per international $ compare
- 132 Grenada 1.67 LCU per international $ compare
- 133 Saint Lucia 1.59 LCU per international $ compare
- 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
More economy & growth data for Turkmenistan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.23 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.25 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.82 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 5.28 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,562 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 12.82 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.51 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 9,875 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 12.82 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 5.28 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Turkmenistan?
- Ppp conversion factor, households and npishs final consumption in Turkmenistan was 1.57 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 Turkmenistan?
- The highest recorded value was 1.61 LCU per international $ in 2018.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Turkmenistan?
- The lowest recorded value was 1.46 LCU per international $ in 2012.
- How does Turkmenistan rank for ppp conversion factor, households and npishs final consumption?
- Turkmenistan ranks 134th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Turkmenistan?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Turkmenistan 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.