Cayman Islands vs Nauru: Price level index
Price level index over time
- Cayman Islands
- Nauru
How they compare
Cayman Islands currently reports 113.11 GDP against 103.09 GDP in Nauru, a difference of 10.02 GDP.
That makes Cayman Islands's figure about 1.1 times Nauru's.
The two have swapped places 6 times across 19 shared years of data; in 2006 it was Cayman Islands ahead.
Globally, Cayman Islands ranks 3rd and Nauru ranks 6th of 203 countries.
Individual pages
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. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.