Japan's PPP conversion factor, GDP (LCU per international $) was 97.08 in 2025, the latest year in the World Bank's World Development Indicators. That is down 6.18% from 103.47 in 2015 (0.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 97.08 | 2025 |
| Five years earlier | 100.74 | 2020 |
| Ten years earlier | 103.47 | 2015 |
| Highest | 187.62 | 1990 |
| Lowest | 93.83 | 2023 |
| Average since 2016 | 99.83 | 2016–2025 |
| First recorded | 187.62 | 1990 |
What the numbers say
In 2025, Japan's PPP conversion factor, GDP (LCU per international $) rose 2.62 on 2024 (from 94.46 to 97.08).
Across the 30 yearly changes before that (1995 to 2024), the average change was −2.81 and a typical year strayed about 2.29 from that (the standard deviation). This year's change was 2.4 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 2.62 in 2025 and the biggest yearly fall was 7.35 in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 1.38 a year. A straight line explains 84% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Japan had the 49th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Japan in the 2025 ranking
What this measures
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.
Limitations: Global PPP estimates provided by ICP are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics.
Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator..
All 36 values
| Year | PPP conversion factor, GDP (LCU per international $) |
|---|---|
| 2025 | 97.08 |
| 2024 | 94.46 |
| 2023 | 93.83 |
| 2022 | 94.92 |
| 2021 | 99.21 |
| 2020 | 100.74 |
| 2019 | 103.23 |
| 2018 | 104.16 |
| 2017 | 105.1 |
| 2016 | 105.52 |
| 2015 |
PPP conversion factor, GDP (LCU per international $) in nearby economies
- Australia — 1.4 (2025)
- Brunei Darussalam — 0.46 (2025)
- Cambodia — 1,349 (2025)
- China — 3.4 (2025)
- Fiji — 0.93 (2025)
- Hong Kong SAR, China — 5.52 (2025)
- Indonesia — 4,721 (2025)
- Kiribati — 1.01 (2025)
- Korea, Rep. — 816.33 (2025)
- Lao PDR
More economic policy & debt data for Japan
- Total reserves, including gold (current US$) — US$1.37 trillion (2025)
- Total reserves, excluding gold (current US$) — US$1.25 trillion (2025)
- GDP (current US$) — US$4.44 trillion (2025)
- GDP (current LCU) — 663.76 trillion (2025)
- GDP (constant 2015 US$) — US$4.76 trillion (2025)
- GDP (constant LCU) — 591.22 trillion (2025)
- GDP per capita (current US$) — US$35,951 (2025)
- GDP per capita (current LCU) — 5.38 million (2025)
- GDP per capita (constant 2015 US$) — US$38,619 (2025)
- GDP per capita (constant LCU) — 4.79 million (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Japan's PPP conversion factor, GDP (LCU per international $)?
- 97.08 in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is down 48.26% from 187.62 in 1990 (1.86% a year on average, compounded). The highest value was 187.62 in 1990 and the lowest 93.83 in 2023.
- How does Japan rank?
- 49th highest of 185 economies with data for 2025.
- Is the latest change in PPP conversion factor, GDP (LCU per international $) unusual for Japan?
- In 2025, Japan's PPP conversion factor, GDP (LCU per international $) rose 2.62 on 2024 (from 94.46 to 97.08). Across the 30 yearly changes before that (1995 to 2024), the average change was −2.81 and a typical year strayed about 2.29 from that (the standard deviation). This year's change was 2.4 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator PA.NUS.PPP, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, publisher: International Comparison Program, type: International statistical program, date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT),… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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