PPP conversion factor, households and NPISHs Final consumption in Turks and Caicos Islands
Turks and Caicos Islands: PPP conversion factor, households and NPISHs Final consumption was 1.32 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Turks and Caicos Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, households and npishs final consumption in Turks and Caicos Islands is 1.32 LCU per international $, measured in 2021. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 4.6% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Turks and Caicos Islands peaked at 1.32 LCU per international $ in 2021 and was at its lowest, 1.22 LCU per international $, in 2012.
That places Turks and Caicos Islands 143rd 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 Turks and Caicos Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.26 LCU per international $ | — |
| 2012 | 1.22 LCU per international $ | -3.3% |
| 2013 | 1.25 LCU per international $ | +2.4% |
| 2014 | 1.25 LCU per international $ | +0.2% |
| 2015 | 1.27 LCU per international $ | +1.3% |
| 2016 | 1.26 LCU per international $ | -0.4% |
| 2017 | 1.25 LCU per international $ | -1.0% |
| 2018 | 1.28 LCU per international $ | +2.7% |
| 2019 | 1.3 LCU per international $ | +1.5% |
| 2020 | 1.31 LCU per international $ | +0.9% |
| 2021 | 1.32 LCU per international $ | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.26 LCU per international $ | 1.22 LCU per international $ | 1.3 LCU per international $ | 9 |
| 2020s | 1.31 LCU per international $ | 1.31 LCU per international $ | 1.32 LCU per international $ | 2 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 6,630 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.34 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Turks and Caicos Islands?
- Ppp conversion factor, households and npishs final consumption in Turks and Caicos Islands was 1.32 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 Turks and Caicos Islands?
- The highest recorded value was 1.32 LCU per international $ in 2021.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Turks and Caicos Islands?
- The lowest recorded value was 1.22 LCU per international $ in 2012.
- How does Turks and Caicos Islands rank for ppp conversion factor, households and npishs final consumption?
- Turks and Caicos Islands ranks 143rd out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos 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.