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

Australia
0.9047
in 2024
Palau
0.9069
in 2023
Australia rank
18th
Palau rank
17th

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

  • Australia
  • Palau
00.511.5199020072024

How they compare

Palau currently reports 0.9069 against 0.9047 in Australia, a difference of 0.0022.

The two have swapped places 2 times across 34 shared years of data; in 1990 it was Australia ahead.

Australia ranks 18th and Palau ranks 17th of 202 countries.

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

Head to head by decade

Decade Australia Palau Difference Ahead
1990s 0.9631 0.7065 0.2565 Australia
2000s 0.9594 0.7367 0.2227 Australia
2010s 1.28 0.8503 0.4298 Australia
2020s 0.9768 0.8649 0.112 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 Palau?
Palau, at 0.9069 against 0.9047 in Australia as of 2023.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Australia and Palau?
0.0022, with Palau ahead.
How many years of comparable data are there for Australia and Palau?
34 years are reported by both, from 1990 to 2023.
How do Australia and Palau rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Australia ranks 18th and Palau ranks 17th 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 Palau: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/australia/palau/

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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