PPP conversion factor, private consumption in Australia

Australia: PPP conversion factor, private consumption was 1.44 LCU per international $ in 2024. β–² Rising

Latest (2024)
1.44 LCU per international $
Change on year
down 0.2%
World rank
139th
of 201 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

00.511.51990200720241990: 1.4 LCU per international $1991: 1.4 LCU per international $1992: 1.4 LCU per international $1993: 1.4 LCU per international $1994: 1.4 LCU per international $1995: 1.4 LCU per international $1996: 1.4 LCU per international $1997: 1.4 LCU per international $1998: 1.4 LCU per international $1999: 1.4 LCU per international $2000: 1.4 LCU per international $2001: 1.4 LCU per international $2002: 1.4 LCU per international $2003: 1.5 LCU per international $2004: 1.4 LCU per international $2005: 1.5 LCU per international $2006: 1.5 LCU per international $2007: 1.5 LCU per international $2008: 1.5 LCU per international $2009: 1.5 LCU per international $2010: 1.6 LCU per international $2011: 1.5 LCU per international $2012: 1.5 LCU per international $2013: 1.5 LCU per international $2014: 1.5 LCU per international $2015: 1.5 LCU per international $2016: 1.5 LCU per international $2017: 1.6 LCU per international $2018: 1.6 LCU per international $2019: 1.6 LCU per international $2020: 1.5 LCU per international $2021: 1.5 LCU per international $2022: 1.5 LCU per international $2023: 1.4 LCU per international $2024: 1.4 LCU per international $

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 139th out of 201 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 136 New Zealand 1.49 LCU per international $ compare
  2. 137 Malaysia 1.45 LCU per international $ compare
  3. 138 Bermuda 1.44 LCU per international $ compare
  4. 140 Curacao 1.41 LCU per international $ compare
  5. 141 Turks and Caicos Islands 1.32 LCU per international $ compare
  6. 142 Tuvalu 1.29 LCU per international $ compare

See the full ranking of 204 places β†’

More population data for Australia

All data for Australia β†’

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 139th out of 201 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.

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PPP conversion factor, private consumption in Australia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/australia/

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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