PPP conversion factor, private consumption (LCU per international $) in Australia
Australia: PPP conversion factor, private consumption (LCU per international $) was 1.44 LCU per international $ in 2024. ▲ Rising
Latest (2024)
1.44 LCU per international $
Change on year
down 0.2%
World rank
141st
of 204 countries
All-time high
1.57 LCU per international $
in 2019
All-time low
1.37 LCU per international $
in 1994
Years of data
35
1990–2024
PPP conversion factor, private consumption in Australia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in LCU per international $.
Analysis
Australia recorded 1.44 LCU per international $ for ppp conversion factor, private consumption in 2024.
That represents a change of down 0.2% on the previous year and down 6.2% over ten years.
Over the whole period, ppp conversion factor, private consumption in Australia peaked at 1.57 LCU per international $ in 2019 and was at its lowest, 1.37 LCU per international $, in 1994.
That places Australia 141st out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, private consumption (LCU per international $) in Australia, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 1.39 LCU per international $ | — |
| 1991 | 1.39 LCU per international $ | +0.3% |
| 1992 | 1.38 LCU per international $ | -0.8% |
| 1993 | 1.37 LCU per international $ | -0.4% |
| 1994 | 1.37 LCU per international $ | -0.5% |
| 1995 | 1.38 LCU per international $ | +0.7% |
| 1996 | 1.37 LCU per international $ | -0.2% |
| 1997 | 1.37 LCU per international $ | -0.4% |
| 1998 | 1.38 LCU per international $ | +0.6% |
| 1999 | 1.37 LCU per international $ | -0.3% |
| 2000 | 1.39 LCU per international $ | +0.9% |
| 2001 | 1.4 LCU per international $ | +1.4% |
| 2002 | 1.42 LCU per international $ | +1.3% |
| 2003 | 1.46 LCU per international $ | +2.2% |
| 2004 | 1.44 LCU per international $ | -1.0% |
| 2005 | 1.46 LCU per international $ | +1.6% |
| 2006 | 1.5 LCU per international $ | +2.2% |
| 2007 | 1.5 LCU per international $ | +0.6% |
| 2008 | 1.53 LCU per international $ | +1.8% |
| 2009 | 1.55 LCU per international $ | +1.2% |
| 2010 | 1.55 LCU per international $ | +0.3% |
| 2011 | 1.53 LCU per international $ | -1.8% |
| 2012 | 1.55 LCU per international $ | +1.3% |
| 2013 | 1.52 LCU per international $ | -1.8% |
| 2014 | 1.53 LCU per international $ | +0.8% |
| 2015 | 1.55 LCU per international $ | +1.0% |
| 2016 | 1.53 LCU per international $ | -0.8% |
| 2017 | 1.56 LCU per international $ | +1.9% |
| 2018 | 1.56 LCU per international $ | -0.2% |
| 2019 | 1.57 LCU per international $ | +0.4% |
| 2020 | 1.54 LCU per international $ | -1.3% |
| 2021 | 1.5 LCU per international $ | -2.6% |
| 2022 | 1.45 LCU per international $ | -3.6% |
| 2023 | 1.44 LCU per international $ | -0.8% |
| 2024 | 1.44 LCU per international $ | -0.2% |
Australia compared with similar countries
- Australia's 1.44 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 1.3× the median. (77 countries reporting)
- Australia's 1.44 LCU per international $ is below the median for East Asia & Pacific, which is 2.3 LCU per international $, 62% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.38 LCU per international $ | 1.37 LCU per international $ | 1.39 LCU per international $ | 10 |
| 2000s | 1.47 LCU per international $ | 1.39 LCU per international $ | 1.55 LCU per international $ | 10 |
| 2010s | 1.54 LCU per international $ | 1.52 LCU per international $ | 1.57 LCU per international $ | 10 |
| 2020s | 1.47 LCU per international $ | 1.44 LCU per international $ | 1.54 LCU per international $ | 5 |
Countries ranked near Australia
- 138 New Zealand 1.49 LCU per international $ compare
- 139 Malaysia 1.45 LCU per international $ compare
- 140 Bermuda 1.44 LCU per international $ compare
- 142 Curacao 1.41 LCU per international $ compare
- 143 Turks and Caicos Islands 1.32 LCU per international $ compare
- 144 Tuvalu 1.29 LCU per international $ compare
More population data for Australia
- Population regions with projections, annual growth rate 0.5057 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.5755 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.5057 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2553 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 32,193 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.8589 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.2773 % change on previous year (2100)
- Population growth rate 0.503 (2100)
- Population density 5.61 (2100)
- Projected population under age 5 2.09 million (2100)
Frequently asked questions
- What is ppp conversion factor, private consumption in Australia?
- Ppp conversion factor, private consumption in Australia was 1.44 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest ppp conversion factor, private consumption recorded in Australia?
- The highest recorded value was 1.57 LCU per international $ in 2019.
- What is the lowest ppp conversion factor, private consumption recorded in Australia?
- The lowest recorded value was 1.37 LCU per international $ in 1994.
- How does Australia rank for ppp conversion factor, private consumption?
- Australia ranks 141st out of 204 countries with data for 2024.
- Is ppp conversion factor, private consumption rising or falling in Australia?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release