Myanmar: PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)

Key figures

What the numbers say

In 2021, Myanmar's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) rose 64.19 on 2020 (from 435.51 to 499.7).

Across the 30 yearly changes before that (1991 to 2020), the average change was +14.26 and a typical year strayed about 14.21 from that (the standard deviation). This year's change was 3.5 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 64.19 in 2021 and the biggest yearly fall was 5.57 in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 22.63 a year. A straight line explains 97% 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.

A straight-line projection, tested first

Extending that straight line gives about 537.38 for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was 16.58, against 37.67 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2021, Myanmar had the 3rd highest value of the 25 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 Myanmar in the 2021 ranking

• Congo, Dem. Rep. — 1st of 25: 928.6
• South Sudan — 3rd of 25: 158.05
• New Caledonia — 4th of 25: 116.09
• French Polynesia — 5th of 25: 101.87

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 32 values

PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) in nearby economies

• American Samoa — 0.9 (2021)
• Australia — 1.46 (2025)
• Brunei Darussalam — 0.53 (2025)
• Cambodia — 1,473 (2025)
• China — 3.46 (2025)
• Fiji — 0.89 (2025)
• French Polynesia — 101.87 (2021)

More economic policy & debt data for Myanmar

• GDP (current US$) — US$81.67 billion (2025)
• GDP (current LCU) — 171.5 trillion (2025)
• GDP (constant 2015 US$) — US$61.87 billion (2025)
• GDP (constant LCU) — 75.47 trillion (2025)
• GDP per capita (current US$) — US$1,489 (2025)
• GDP per capita (current LCU) — 3.13 million (2025)
• GDP per capita (constant 2015 US$) — US$1,128 (2025)
• GDP per capita (constant LCU) — 1.38 million (2025)
• GNI (current US$) — US$79.99 billion (2025)
• GNI (current LCU) — 167.97 trillion (2025)
• GNI per capita (current LCU) — 3.06 million (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Myanmar's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)?

499.7 in 2021, according to the World Bank (World Development Indicators).

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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