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

Key figures

What the numbers say

In 2021, Northern Mariana Islands' PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) fell 0.01 on 2020 (from 0.95 to 0.94).

Across the 9 yearly changes before that (2012 to 2020), the average change was −0.01 and a typical year strayed about 0.00896 from that (the standard deviation). This year's change was 0.4 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 0.0053 in 2018 and the biggest yearly fall was 0.02 in 2017. 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 downward, about 0.01 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.

How it compares

In 2021, Northern Mariana Islands had the 23rd 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 Northern Mariana Islands in the 2021 ranking

• Guam — 19th of 25: 1.11
• British Virgin Islands — 20th of 25: 1.02
• Marshall Islands — 21st of 25: 0.95
• American Samoa — 23rd of 25: 0.9
• Puerto Rico (US) — 24th of 25: 0.9
• Zimbabwe — 25th of 25: 0.03

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 11 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 Northern Mariana Islands

• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, energy depletion (current US$) — US$0 (2021)
• Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) — 16,049 (2022)
• Households and NPISHs final consumption expenditure (current US$) — US$726 million (2022)
• Households and NPISHs final consumption expenditure (current LCU) — 726 million (2022)
• Households and NPISHs final consumption expenditure, linked series (current LCU) — 726 million (2022)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

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

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

How has it changed since 2011?

It is down 10.43% from 1.05 in 2011 (1.1% a year on average, compounded). The highest value was 1.05 in 2011 and the lowest 0.94 in 2021.

How does Northern Mariana Islands rank?

23rd highest of 25 economies with data for 2021.

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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