PPP conversion factor, private consumption (LCU per international $) in Papua New Guinea
Papua New Guinea: PPP conversion factor, private consumption (LCU per international $) was 2.72 LCU per international $ in 2024. ▲ Rising
Latest (2024)
2.72 LCU per international $
Change on year
down 2.3%
World rank
117th
of 204 countries
All-time high
2.91 LCU per international $
in 2020
All-time low
0.7536 LCU per international $
in 1990
Years of data
35
1990–2024
PPP conversion factor, private consumption in Papua New Guinea, 1990–2024
Source: UNESCO Institute for Statistics. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, private consumption in Papua New Guinea is 2.72 LCU per international $, measured in 2024.
Compared with earlier readings it is down 2.3% on the previous year and up 15.8% over ten years.
Over the whole period, ppp conversion factor, private consumption in Papua New Guinea peaked at 2.91 LCU per international $ in 2020 and was at its lowest, 0.7536 LCU per international $, in 1990.
Papua New Guinea ranks 117th of 204 countries on this measure, 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 Papua New Guinea, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.7536 LCU per international $ | — |
| 1991 | 0.7733 LCU per international $ | +2.6% |
| 1992 | 0.783 LCU per international $ | +1.2% |
| 1993 | 0.7983 LCU per international $ | +2.0% |
| 1994 | 0.8002 LCU per international $ | +0.2% |
| 1995 | 0.9129 LCU per international $ | +14.1% |
| 1996 | 0.99 LCU per international $ | +8.4% |
| 1997 | 1.01 LCU per international $ | +1.6% |
| 1998 | 1.12 LCU per international $ | +11.8% |
| 1999 | 1.27 LCU per international $ | +12.5% |
| 2000 | 1.41 LCU per international $ | +11.8% |
| 2001 | 1.5 LCU per international $ | +6.3% |
| 2002 | 1.65 LCU per international $ | +10.1% |
| 2003 | 1.86 LCU per international $ | +12.2% |
| 2004 | 1.85 LCU per international $ | -0.5% |
| 2005 | 1.82 LCU per international $ | -1.6% |
| 2006 | 1.8 LCU per international $ | -0.8% |
| 2007 | 1.77 LCU per international $ | -1.9% |
| 2008 | 1.89 LCU per international $ | +6.7% |
| 2009 | 2.02 LCU per international $ | +7.3% |
| 2010 | 2.11 LCU per international $ | +4.3% |
| 2011 | 2.14 LCU per international $ | +1.2% |
| 2012 | 2.19 LCU per international $ | +2.4% |
| 2013 | 2.27 LCU per international $ | +3.4% |
| 2014 | 2.35 LCU per international $ | +3.5% |
| 2015 | 2.48 LCU per international $ | +5.9% |
| 2016 | 2.62 LCU per international $ | +5.3% |
| 2017 | 2.7 LCU per international $ | +3.2% |
| 2018 | 2.75 LCU per international $ | +1.9% |
| 2019 | 2.81 LCU per international $ | +2.1% |
| 2020 | 2.91 LCU per international $ | +3.6% |
| 2021 | 2.9 LCU per international $ | -0.2% |
| 2022 | 2.83 LCU per international $ | -2.5% |
| 2023 | 2.78 LCU per international $ | -1.7% |
| 2024 | 2.72 LCU per international $ | -2.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 2.72 LCU per international $ is below the median for lower middle income countries, which is 30.14 LCU per international $, 9% of the median. (46 countries reporting)
- Papua New Guinea's 2.72 LCU per international $ is above the median for East Asia & Pacific, which is 2.3 LCU per international $, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9207 LCU per international $ | 0.7536 LCU per international $ | 1.27 LCU per international $ | 10 |
| 2000s | 1.76 LCU per international $ | 1.41 LCU per international $ | 2.02 LCU per international $ | 10 |
| 2010s | 2.44 LCU per international $ | 2.11 LCU per international $ | 2.81 LCU per international $ | 10 |
| 2020s | 2.83 LCU per international $ | 2.72 LCU per international $ | 2.91 LCU per international $ | 5 |
Countries ranked near Papua New Guinea
- 114 Guatemala 3.47 LCU per international $ compare
- 115 Tajikistan 3.22 LCU per international $ compare
- 116 Qatar 2.76 LCU per international $ compare
- 118 Barbados 2.64 LCU per international $ compare
- 119 United Arab Emirates 2.56 LCU per international $ compare
- 120 Brazil 2.52 LCU per international $ compare
More population data for Papua New Guinea
- Population regions with projections, annual growth rate 0.0564 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.3478 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0564 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.0669 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 14,910 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.58 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5424 % change on previous year (2100)
- Population growth rate 0.048 (2100)
- Population density 41.16 (2100)
- Projected population under age 5 1.15 million (2100)
Frequently asked questions
- What is ppp conversion factor, private consumption in Papua New Guinea?
- Ppp conversion factor, private consumption in Papua New Guinea was 2.72 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest ppp conversion factor, private consumption recorded in Papua New Guinea?
- The highest recorded value was 2.91 LCU per international $ in 2020.
- What is the lowest ppp conversion factor, private consumption recorded in Papua New Guinea?
- The lowest recorded value was 0.7536 LCU per international $ in 1990.
- How does Papua New Guinea rank for ppp conversion factor, private consumption?
- Papua New Guinea ranks 117th out of 204 countries with data for 2024.
- Is ppp conversion factor, private consumption rising or falling in Papua New Guinea?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea 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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About this data
February 2026 Data Release