Purchasing power parity conversion factor for private consumption

1.6 (LCU per international dollars) in 2021

In 2021, PPP for private consumption for Turkmenistan was 1.6 LCU per international dollars. Though Turkmenistan PPP for private consumption fluctuated substantially in recent years, it tended to increase through 2012 - 2021 period ending at 1.6 LCU per international dollars in 2021.

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Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure).

Date Value Change, %
2021 1.6 5.49%
2020 1.5 -3.12%
2019 1.5 -4.59%
2018 1.6 2.23%
2017 1.6 2.33%
2016 1.5 -0.99%
2015 1.6 3.77%
2014 1.5 0.91%
2013 1.5 1.83%
2012 1.5 -0.19%
2011 1.5