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

Key figures

What the numbers say

In 2021, Zimbabwe's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) rose 0.01 on 2020 (from 0.01 to 0.03).

Across the 11 yearly changes before that (2010 to 2020), the average change was +0.00128 and a typical year strayed about 0.00361 from that (the standard deviation). This year's change was 3.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 0.01 in 2021 and the biggest yearly fall was 0.00000938 in 2015. 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 0.00224 a year. A straight line explains 50% 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, Zimbabwe had the 26th 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 Zimbabwe in the 2021 ranking

• Northern Mariana Islands — 22nd of 25: 0.94
• American Samoa — 23rd of 25: 0.9
• Puerto Rico (US) — 24th of 25: 0.9

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 13 values

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

• Angola — 364.1 (2025)
• Benin — 196.18 (2025)
• Botswana — 5.31 (2025)
• Burkina Faso — 193.11 (2025)
• Burundi — 1,345 (2025)
• Cabo Verde — 52.98 (2025)
• Cameroon — 209.01 (2025)

More economic policy & debt data for Zimbabwe

• Gross Value Added (GVA) at basic prices (current US$) — US$48.51 billion (2025)
• Gross Value Added (GVA) at basic prices (current LCU) — 1.54 trillion (2025)
• GDP (current US$) — US$51.22 billion (2025)
• GDP (current LCU) — 1.63 trillion (2025)
• GDP (constant 2015 US$) — US$25.48 billion (2025)
• GDP (constant LCU) — 74.26 billion (2025)
• GDP per capita (current US$) — US$3,021 (2025)
• GDP per capita (current LCU) — 96,071 (2025)
• GDP per capita (constant 2015 US$) — US$1,503 (2025)
• GDP per capita (constant LCU) — 4,381 (2025)
• GNI (current US$)

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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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

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

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

How has it changed since 2009?

It is up 13,661% from 0.000211 in 2009 (50.74% a year on average, compounded). The highest value was 0.03 in 2021 and the lowest 0.000192 in 2016.

How does Zimbabwe rank?

26th 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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