Maldives - Purchasing power parity conversion factor for private consumption

8.3 (LCU per international dollars) in 2022

Maldives PPP for private consumption was at level of 8.3 LCU per international dollars in 2022, down from 8.8 LCU per international dollars previous year, this is a change of 5.25%.

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What is PPP for private consumption?

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).

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What is Maldives PPP for private consumption?