PPP conversion factor, households and NPISHs Final consumption in Tuvalu
Tuvalu: PPP conversion factor, households and NPISHs Final consumption was 1.29 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Tuvalu, 2010–2021
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 Tuvalu is 1.29 LCU per international $, measured in 2021. That is the highest value across all 12 years on record.
The figure is up 1.4% on the previous year and up 10.4% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Tuvalu peaked at 1.29 LCU per international $ in 2021 and was at its lowest, 1.17 LCU per international $, in 2012.
That places Tuvalu 144th out of 206 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
PPP conversion factor, households and NPISHs Final consumption in Tuvalu, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2010 | 1.2 LCU per international $ | — |
| 2011 | 1.17 LCU per international $ | -2.6% |
| 2012 | 1.17 LCU per international $ | -0.6% |
| 2013 | 1.17 LCU per international $ | +0.5% |
| 2014 | 1.17 LCU per international $ | -0.5% |
| 2015 | 1.2 LCU per international $ | +3.0% |
| 2016 | 1.23 LCU per international $ | +2.2% |
| 2017 | 1.25 LCU per international $ | +1.9% |
| 2018 | 1.25 LCU per international $ | -0.3% |
| 2019 | 1.27 LCU per international $ | +1.7% |
| 2020 | 1.28 LCU per international $ | +0.6% |
| 2021 | 1.29 LCU per international $ | +1.4% |
Tuvalu compared with similar countries
- Tuvalu's 1.29 LCU per international $ is below the median for upper middle income countries, which is 8.26 LCU per international $, 16% of the median. (58 countries reporting)
- Tuvalu's 1.29 LCU per international $ is below the median for East Asia & Pacific, which is 2.32 LCU per international $, 56% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.21 LCU per international $ | 1.17 LCU per international $ | 1.27 LCU per international $ | 10 |
| 2020s | 1.29 LCU per international $ | 1.28 LCU per international $ | 1.29 LCU per international $ | 2 |
Countries ranked near Tuvalu
- 141 Malaysia 1.43 LCU per international $ compare
- 142 Curacao 1.41 LCU per international $ compare
- 143 Turks and Caicos Islands 1.32 LCU per international $ compare
- 145 Canada 1.26 LCU per international $ compare
- 146 Cayman Islands 1.17 LCU per international $ compare
- 147 Nauru 1.14 LCU per international $ compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -915,228 BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0149 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita -89.78 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 258,080 BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 55.2 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.76 BoP, current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Tuvalu?
- Ppp conversion factor, households and npishs final consumption in Tuvalu was 1.29 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 Tuvalu?
- The highest recorded value was 1.29 LCU per international $ in 2021.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Tuvalu?
- The lowest recorded value was 1.17 LCU per international $ in 2012.
- How does Tuvalu rank for ppp conversion factor, households and npishs final consumption?
- Tuvalu ranks 144th out of 206 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Tuvalu?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Tuvalu 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.
Download this data
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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.