Australia vs New Zealand: PPP conversion factor, private consumption

Australia
1.44 LCU per international $
in 2024
New Zealand
1.49 LCU per international $
in 2024
Australia rank
139th
New Zealand rank
136th

PPP conversion factor, private consumption over time

  • Australia
  • New Zealand
00.511.5199020072024

How they compare

New Zealand currently reports 1.49 LCU per international $ against 1.44 LCU per international $ in Australia, a difference of 0.05 LCU per international $.

Across all 35 years both countries report, New Zealand has been ahead every year.

Australia ranks 139th and New Zealand ranks 136th of 201 countries.

New Zealand has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia New Zealand Difference Ahead
1990s 1.38 LCU per international $ 1.51 LCU per international $ 0.1298 LCU per international $ New Zealand
2000s 1.47 LCU per international $ 1.57 LCU per international $ 0.0999 LCU per international $ New Zealand
2010s 1.54 LCU per international $ 1.6 LCU per international $ 0.0531 LCU per international $ New Zealand
2020s 1.47 LCU per international $ 1.51 LCU per international $ 0.0365 LCU per international $ New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, private consumption, Australia or New Zealand?
New Zealand, at 1.49 LCU per international $ against 1.44 LCU per international $ in Australia as of 2024.
What is the difference in ppp conversion factor, private consumption between Australia and New Zealand?
0.05 LCU per international $, with New Zealand ahead.
How many years of comparable data are there for Australia and New Zealand?
35 years are reported by both, from 1990 to 2024.
How do Australia and New Zealand rank globally for ppp conversion factor, private consumption?
Australia ranks 139th and New Zealand ranks 136th of 201 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as PPP conversion factor, private consumption (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs New Zealand: PPP conversion factor, private consumption. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/ppp-conversion-factor-private-consumption-lcu-per-international/australia/new-zealand/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release