PPP conversion factor, households and NPISHs Final consumption expendi in Cayman Islands
Cayman Islands: PPP conversion factor, households and NPISHs Final consumption expendi was 1.17 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption expendi in Cayman Islands, 2009–2021
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 expendi in Cayman Islands is 1.17 LCU per international $, measured in 2021.
The figure is down 3.3% on the previous year and up 3.3% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption expendi in Cayman Islands peaked at 1.22 LCU per international $ in 2019 and was at its lowest, 1.09 LCU per international $, in 2012.
Cayman Islands ranks 146th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 LCU per international $ | 1.17 LCU per international $ | 1.17 LCU per international $ | 1 |
| 2010s | 1.16 LCU per international $ | 1.09 LCU per international $ | 1.22 LCU per international $ | 10 |
| 2020s | 1.19 LCU per international $ | 1.17 LCU per international $ | 1.21 LCU per international $ | 2 |
Countries ranked near Cayman Islands
- 143 Turks and Caicos Islands 1.32 LCU per international $ compare
- 144 Tuvalu 1.29 LCU per international $ compare
- 145 Canada 1.26 LCU per international $ compare
- 147 Nauru 1.14 LCU per international $ compare
- 148 Guam 1.11 LCU per international $ compare
- 149 Bahamas 1.11 LCU per international $ compare
More economy & growth data for Cayman Islands
- GDP deflator 123.6 base year varies by country (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- Services, value added 4.57 billion constant LCU (2024)
- Services, value added 86.5% (2024)
- Inflation, GDP deflator 2.4% (2024)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption expendi in Cayman Islands?
- Ppp conversion factor, households and npishs final consumption expendi in Cayman Islands was 1.17 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 Cayman Islands?
- The highest recorded value was 1.22 LCU per international $ in 2019.
- What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Cayman Islands?
- The lowest recorded value was 1.09 LCU per international $ in 2012.
- How does Cayman Islands rank for ppp conversion factor, households and npishs final consumption expendi?
- Cayman Islands ranks 146th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption expendi rising or falling in Cayman Islands?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
- Where does this Cayman Islands 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
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.