PPP conversion factor, households and NPISHs Final consumption expendi in Argentina

Argentina: PPP conversion factor, households and NPISHs Final consumption expendi was 42.99 LCU per international $ in 2021. ◆ Volatile

Latest (2021)
42.99 LCU per international $
Change on year
up 43.3%
World rank
64th
of 205 countries
All-time high
42.99 LCU per international $
in 2021
All-time low
3.16 LCU per international $
in 2011
Years of data
11
2011–2021

PPP conversion factor, households and NPISHs Final consumption expendi in Argentina, 2011–2021

0102030402011201620212011: 3.2 LCU per international $2012: 3.7 LCU per international $2013: 4.6 LCU per international $2014: 6.4 LCU per international $2015: 8.1 LCU per international $2016: 11 LCU per international $2017: 11.1 LCU per international $2018: 14.6 LCU per international $2019: 22.2 LCU per international $2020: 30 LCU per international $2021: 43 LCU per international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.

Analysis

Argentina recorded 42.99 LCU per international $ for ppp conversion factor, households and npishs final consumption expendi in 2021. That is the highest value across all 11 years on record.

The figure is up 43.3% on the previous year and up 1,259.8% over ten years.

Over the whole period, ppp conversion factor, households and npishs final consumption expendi in Argentina peaked at 42.99 LCU per international $ in 2021 and was at its lowest, 3.16 LCU per international $, in 2011.

Argentina ranks 64th of 205 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.43 LCU per international $ 3.16 LCU per international $ 22.16 LCU per international $ 9
2020s 36.49 LCU per international $ 30 LCU per international $ 42.99 LCU per international $ 2

Countries ranked near Argentina

  1. 61 Serbia 52.93 LCU per international $ compare
  2. 62 Albania 47.12 LCU per international $ compare
  3. 63 Kenya 44.98 LCU per international $ compare
  4. 65 Algeria 41.74 LCU per international $ compare
  5. 66 Nepal 35.27 LCU per international $ compare
  6. 67 Bangladesh 34.94 LCU per international $ compare

See the full ranking of 205 places →

More economy & growth data for Argentina

All data for Argentina →

Frequently asked questions

What is ppp conversion factor, households and npishs final consumption expendi in Argentina?
Ppp conversion factor, households and npishs final consumption expendi in Argentina was 42.99 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 expendi recorded in Argentina?
The highest recorded value was 42.99 LCU per international $ in 2021.
What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Argentina?
The lowest recorded value was 3.16 LCU per international $ in 2011.
How does Argentina rank for ppp conversion factor, households and npishs final consumption expendi?
Argentina ranks 64th out of 205 countries with data for 2021.
Is ppp conversion factor, households and npishs final consumption expendi rising or falling in Argentina?
Over the last ten years it is up 1,259.8%. The long-run trend across the full record is volatile.
Where does this Argentina 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

Indicator
PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 6,344 data points, 1990–2025
Last refreshed

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.