Households and NPISHs Final consumption expenditure, PPP in Guam
Guam: Households and NPISHs Final consumption expenditure, PPP was 3.44 billion current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Guam, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Guam recorded 3.44 billion current international $ for households and npishs final consumption expenditure, ppp in 2021. That is the highest value across all 11 years on record.
The figure is up 8.2% on the previous year and up 26.6% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Guam peaked at 3.44 billion current international $ in 2021 and was at its lowest, 2.72 billion current international $, in 2011.
Guam ranks 162nd of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.05 billion current international $ | 2.72 billion current international $ | 3.26 billion current international $ | 9 |
| 2020s | 3.31 billion current international $ | 3.18 billion current international $ | 3.44 billion current international $ | 2 |
Countries ranked near Guam
- 159 Guinea-Bissau 4.70 billion current international $ compare
- 160 Cape Verde 4.02 billion current international $ compare
- 161 Belize 3.73 billion current international $ compare
- 163 East Timor 3.42 billion current international $ compare
- 164 Comoros 3.17 billion current international $ compare
- 165 Guyana 3.15 billion current international $ compare
More economy & growth data for Guam
- External balance on goods and services -3.88 billion current LCU (2022)
- GDP 5.42 billion constant LCU (2022)
- Imports of goods and services 4.42 billion current US$ (2022)
- Imports of goods and services 4.42 billion current LCU (2022)
- Imports of goods and services 3.63 billion constant 2015 US$ (2022)
- Imports of goods and services 8.7% (2022)
- GDP growth 5.1% (2022)
- Imports of goods and services 64.0% (2022)
- External balance on goods and services -3.88 billion current US$ (2022)
- Inflation, GDP deflator 5.5% (2022)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Guam?
- Households and npishs final consumption expenditure, ppp in Guam was 3.44 billion current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Guam?
- The highest recorded value was 3.44 billion current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Guam?
- The lowest recorded value was 2.72 billion current international $ in 2011.
- How does Guam rank for households and npishs final consumption expenditure, ppp?
- Guam ranks 162nd out of 181 countries with data for 2021.
- Is households and npishs final consumption expenditure, ppp rising or falling in Guam?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Guam data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs 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 GDP and its expenditure components.