Australia vs Luxembourg: Price level ratio of PPP conversion factor (GDP) to market exchange

Australia
0.9047
in 2024
Luxembourg
0.9121
in 2024
Australia rank
18th
Luxembourg rank
15th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Australia
  • Luxembourg
00.511.5199020072024

How they compare

Luxembourg currently reports 0.9121 against 0.9047 in Australia, a difference of 0.0074.

The two have swapped places 4 times across 35 shared years of data; in 1990 it was Luxembourg ahead.

Australia ranks 18th and Luxembourg ranks 15th of 202 countries.

Across the 4 decades both report, Australia averaged higher in 2 and Luxembourg in 2.

Head to head by decade

Decade Australia Luxembourg Difference Ahead
1990s 0.9631 1.14 0.1806 Luxembourg
2000s 0.9594 1.11 0.1505 Luxembourg
2010s 1.28 1.08 0.1975 Australia
2020s 0.9624 0.9283 0.034 Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Australia or Luxembourg?
Luxembourg, at 0.9121 against 0.9047 in Australia as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Australia and Luxembourg?
0.0074, with Luxembourg ahead.
How many years of comparable data are there for Australia and Luxembourg?
35 years are reported by both, from 1990 to 2024.
How do Australia and Luxembourg rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Australia ranks 18th and Luxembourg ranks 15th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Luxembourg: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 09 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/australia/luxembourg/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release