Price level index in Northern Mariana Islands
Northern Mariana Islands: Price level index was 93.75 Households and NPISHs Final consumption expenditure in 2021. ▼ Falling
Price level index in Northern Mariana Islands, 2011–2021
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
The most recent figure for price level index in Northern Mariana Islands is 93.75 Households and NPISHs Final consumption expenditure, measured 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, price level index in Northern Mariana Islands peaked at 104.67 Households and NPISHs Final consumption expenditure in 2011 and was at its lowest, 93.75 Households and NPISHs Final consumption expenditure, in 2021.
Northern Mariana Islands ranks 23rd of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Price level index in Northern Mariana Islands, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 2011 | 104.67 Households and NPISHs Final consumption expenditure | — |
| 2012 | 103.67 Households and NPISHs Final consumption expenditure | -0.9% |
| 2013 | 101.97 Households and NPISHs Final consumption expenditure | -1.6% |
| 2014 | 100.75 Households and NPISHs Final consumption expenditure | -1.2% |
| 2015 | 100.73 Households and NPISHs Final consumption expenditure | -0.0% |
| 2016 | 99.77 Households and NPISHs Final consumption expenditure | -0.9% |
| 2017 | 97.4 Households and NPISHs Final consumption expenditure | -2.4% |
| 2018 | 97.93 Households and NPISHs Final consumption expenditure | +0.5% |
| 2019 | 96.09 Households and NPISHs Final consumption expenditure | -1.9% |
| 2020 | 95.2 Households and NPISHs Final consumption expenditure | -0.9% |
| 2021 | 93.75 Households and NPISHs Final consumption expenditure | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 100.33 Households and NPISHs Final consumption expenditure | 96.09 Households and NPISHs Final consumption expenditure | 104.67 Households and NPISHs Final consumption expenditure | 9 |
| 2020s | 94.47 Households and NPISHs Final consumption expenditure | 93.75 Households and NPISHs Final consumption expenditure | 95.2 Households and NPISHs Final consumption expenditure | 2 |
Countries ranked near Northern Mariana Islands
- 20 Norway 96.21 Households and NPISHs Final consumption expenditure compare
- 21 Marshall Islands 95.21 Households and NPISHs Final consumption expenditure compare
- 22 Australia 94.79 Households and NPISHs Final consumption expenditure compare
- 24 Micronesia, Federated States of 92.67 Households and NPISHs Final consumption expenditure compare
- 25 United Kingdom of Great Britain and Northern Ireland 92.37 Households and NPISHs Final consumption expenditure compare
- 26 Solomon Islands 91.84 Households and NPISHs Final consumption expenditure compare
More economy & growth data for Northern Mariana Islands
- Exports of goods and services (constant 2015 US$), per capita 4,503 constant 2015 US$ per person (2022)
- Exports of goods and services (current LCU), per unit of GDP 0.2226 current LCU per US$ of GDP (2022)
- GDP per capita 19,462 constant 2015 US$ (2022)
- Exports of goods and services (current LCU), per capita 5,295 current LCU per person (2022)
- Exports of goods and services (constant 2015 US$), annual growth rate 323.91 % change on previous year (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1893 constant 2015 US$ per US$ of GDP (2022)
- Imports of goods and services (current US$), per unit of GDP 0.7089 current US$ per US$ of GDP (2022)
- Imports of goods and services (current LCU), annual growth rate 16.67 % change on previous year (2022)
- Imports of goods and services (current US$), per capita 16,863 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 343.64 % change on previous year (2022)
Frequently asked questions
- What is price level index in Northern Mariana Islands?
- Price level index in Northern Mariana Islands was 93.75 Households and NPISHs Final consumption expenditure in 2021, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Northern Mariana Islands?
- The highest recorded value was 104.67 Households and NPISHs Final consumption expenditure in 2011.
- What is the lowest price level index recorded in Northern Mariana Islands?
- The lowest recorded value was 93.75 Households and NPISHs Final consumption expenditure in 2021.
- How does Northern Mariana Islands rank for price level index?
- Northern Mariana Islands ranks 23rd out of 205 countries with data for 2021.
- Is price level index 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 World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.