Kosovo's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) was 0.39 in 2022, the latest year in the World Bank's World Development Indicators. That is down 4.05% from 0.4 in 2012 (0.41% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.39 | 2022 |
| Five years earlier | 0.4 | 2017 |
| Ten years earlier | 0.4 | 2012 |
| Highest | 0.42 | 2002 |
| Lowest | 0.36 | 2006 |
| Average since 2013 | 0.4 | 2013–2022 |
| First recorded | 0.42 | 2002 |
What the numbers say
In 2022, Kosovo's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) fell 0.00748 on 2021 (from 0.39 to 0.39).
Across the 19 yearly changes before that (2003 to 2021), the average change was −0.00125 and a typical year strayed about 0.01 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 0.02 in 2008 and the biggest yearly fall was 0.02 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is downward, about 0.0025 a year. A straight line explains 63% 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.
Closest to Kosovo in the 2022 ranking
- Sudan — 1st of 3: 224.28
- Micronesia, Fed. Sts. — 2nd of 3: 0.93
What this measures
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They 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 households and NPISHs Final consumption expenditure 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 21 values
| Year | PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) |
|---|---|
| 2022 | 0.3862 |
| 2021 | 0.3937 |
| 2020 | 0.3825 |
| 2019 | 0.4019 |
| 2018 | 0.4036 |
| 2017 | 0.4025 |
| 2016 | 0.3988 |
| 2015 | 0.4108 |
| 2014 | 0.4115 |
| 2013 | 0.4037 |
PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) in nearby economies
- Albania — 47.12 (2025)
- Armenia — 158.53 (2025)
- Austria — 0.75 (2025)
- Azerbaijan — 0.54 (2025)
- Belarus — 0.85 (2025)
- Belgium — 0.77 (2025)
- Bosnia and Herzegovina — 0.77 (2025)
More economic policy & debt data for Kosovo
- Short-term debt (% of total external debt) — 35.58% (2024)
- IFC, private nonguaranteed (NFL, current US$) — −US$4.03 million (2024)
- Adjusted savings, mineral depletion (current US$) — US$28.35 million (2021)
- External debt stocks, total (DOD, current US$) — US$4.4 billion (2024)
- Use of IMF credit (DOD, current US$) — US$259.61 million (2024)
- External debt stocks, short-term (DOD, current US$) — US$1.56 billion (2024)
- Debt service on external debt, total (TDS, current US$) — US$376.95 million (2024)
- IMF repurchases and charges (TDS, current US$) — US$37.92 million (2024)
- Total reserves, including gold (current US$) — US$1.52 billion (2025)
Reading data like this
Questions people ask
- What is Kosovo's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)?
- 0.39 in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 7.47% from 0.42 in 2002 (0.39% a year on average, compounded). The highest value was 0.42 in 2002 and the lowest 0.36 in 2006.
- Is the latest change in PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) unusual for Kosovo?
- In 2022, Kosovo's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) fell 0.00748 on 2021 (from 0.39 to 0.39). Across the 19 yearly changes before that (2003 to 2021), the average change was −0.00125 and a typical year strayed about 0.01 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator PA.NUS.PRVT.PP, 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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