Australia vs New Zealand: Price level ratio of PPP conversion factor (GDP) to market exchange
Australia
0.9047
in 2024
New Zealand
0.8848
in 2024
Australia rank
18th
New Zealand rank
21st
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Australia
- New Zealand
How they compare
Australia currently reports 0.9047 against 0.8848 in New Zealand, a difference of 0.0199.
The two have swapped places 4 times across 35 shared years of data; in 1990 it was Australia ahead.
Australia ranks 18th and New Zealand ranks 21st of 202 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.9631 | 0.8674 | 0.0956 | Australia |
| 2000s | 0.9594 | 0.9017 | 0.0578 | Australia |
| 2010s | 1.28 | 1.09 | 0.1942 | Australia |
| 2020s | 0.9624 | 0.931 | 0.0314 | 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 New Zealand?
- Australia, at 0.9047 against 0.8848 in New Zealand as of 2024.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Australia and New Zealand?
- 0.0199, with Australia 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 price level ratio of ppp conversion factor (gdp) to market exchange?
- Australia ranks 18th and New Zealand ranks 21st 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.
Individual pages
About this data
February 2026 Data Release