PPP conversion factor, households and NPISHs Final consumption expendi in Kiribati
Kiribati: PPP conversion factor, households and NPISHs Final consumption expendi was 0.9344 LCU per international $ in 2024. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption expendi in Kiribati, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, households and npishs final consumption expendi in Kiribati stood at 0.9344 LCU per international $.
Compared with earlier readings it is down 0.5% on the previous year and down 5.4% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption expendi in Kiribati peaked at 1.15 LCU per international $ in 2009 and was at its lowest, 0.8945 LCU per international $, in 2022.
Kiribati ranks 160th of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.02 LCU per international $ | 0.9428 LCU per international $ | 1.15 LCU per international $ | 4 |
| 2010s | 0.9995 LCU per international $ | 0.9288 LCU per international $ | 1.08 LCU per international $ | 10 |
| 2020s | 0.9252 LCU per international $ | 0.8945 LCU per international $ | 0.9409 LCU per international $ | 5 |
Countries ranked near Kiribati
- 157 Palau 0.9633 LCU per international $ compare
- 158 Marshall Islands 0.9521 LCU per international $ compare
- 159 Northern Mariana Islands 0.9375 LCU per international $ compare
- 161 Micronesia (country) 0.9267 LCU per international $ compare
- 162 Palestine 0.9065 LCU per international $ compare
- 163 Ireland 0.904 LCU per international $ compare
More economy & growth data for Kiribati
- Exports of goods and services 23.48 million current LCU (2024)
- Industry (including construction), value added 47.82 million constant LCU (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 21.1% (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
- Exports of goods and services 4.5% (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption expendi in Kiribati?
- Ppp conversion factor, households and npishs final consumption expendi in Kiribati was 0.9344 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption expendi recorded in Kiribati?
- The highest recorded value was 1.15 LCU per international $ in 2009.
- What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Kiribati?
- The lowest recorded value was 0.8945 LCU per international $ in 2022.
- How does Kiribati rank for ppp conversion factor, households and npishs final consumption expendi?
- Kiribati ranks 160th out of 205 countries with data for 2024.
- Is ppp conversion factor, households and npishs final consumption expendi rising or falling in Kiribati?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this Kiribati 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.