Price level ratio of PPP conversion factor (GDP) to market exchange in Naoero

Naoero: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.9368 in 2024. ▲ Rising

Latest (2024)
0.9368
Change on year
up 1.6%
World rank
13th
of 202 countries
All-time high
1.23
in 2021
All-time low
0.3513
in 1990
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Naoero, 1990–2024

0.40.60.811.21990200720241990: 0.3511991: 0.3961992: 0.4511993: 0.4471994: 0.4151995: 0.4441996: 0.4641997: 0.4991998: 0.4451999: 0.4322000: 0.4472001: 0.3942002: 0.4012003: 0.4622004: 0.582005: 0.5592006: 0.4822007: 0.4772008: 0.6272009: 0.7822010: 0.8332011: 0.9852012: 1.22013: 1.12014: 0.9332015: 0.7692016: 0.8412017: 0.9842018: 1.22019: 12020: 0.9782021: 1.22022: 0.9662023: 0.9222024: 0.937

Source: UNESCO Institute for Statistics.

Analysis

Naoero recorded 0.9368 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

Compared with earlier readings it is up 1.6% on the previous year and up 0.5% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Naoero peaked at 1.23 in 2021 and was at its lowest, 0.3513, in 1990.

Naoero ranks 13th of 202 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Naoero, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Naoero, 1990 to 2024.
Year Value Change
1990 0.3513
1991 0.3965 +12.9%
1992 0.4506 +13.6%
1993 0.4468 -0.8%
1994 0.4154 -7.0%
1995 0.4444 +7.0%
1996 0.464 +4.4%
1997 0.4993 +7.6%
1998 0.4448 -10.9%
1999 0.4324 -2.8%
2000 0.4474 +3.5%
2001 0.394 -11.9%
2002 0.4005 +1.7%
2003 0.4618 +15.3%
2004 0.5801 +25.6%
2005 0.5589 -3.7%
2006 0.4823 -13.7%
2007 0.477 -1.1%
2008 0.6267 +31.4%
2009 0.7816 +24.7%
2010 0.8335 +6.6%
2011 0.9847 +18.1%
2012 1.19 +20.7%
2013 1.06 -11.2%
2014 0.9325 -11.7%
2015 0.7688 -17.6%
2016 0.8412 +9.4%
2017 0.984 +17.0%
2018 1.17 +19.0%
2019 1.01 -13.5%
2020 0.9775 -3.5%
2021 1.23 +25.7%
2022 0.9662 -21.4%
2023 0.9222 -4.6%
2024 0.9368 +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4345 0.3513 0.4993 10
2000s 0.521 0.394 0.7816 10
2010s 0.9773 0.7688 1.19 10
2020s 1.01 0.9222 1.23 5

Countries ranked near Naoero

  1. 10 Israel 0.9728 compare
  2. 11 Micronesia, Federated States of 0.9585 compare
  3. 12 Bahamas 0.9577 compare
  4. 14 Faroe Islands 0.9182 compare
  5. 15 Luxembourg 0.9121 compare
  6. 16 Marshall Islands 0.9108 compare

See the full ranking of 202 places →

More population data for Naoero

All data for Naoero →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Naoero?
Price level ratio of ppp conversion factor (gdp) to market exchange in Naoero was 0.9368 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Naoero?
The highest recorded value was 1.23 in 2021.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Naoero?
The lowest recorded value was 0.3513 in 1990.
How does Naoero rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Naoero ranks 13th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Naoero?
Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
Where does this Naoero data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Naoero. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/naoero/

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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