United States of America - Purchasing power parity conversion factor for private consumption

1.0 (LCU per international dollars) in 2022

Between 2003 and 2022, United States of America PPP for private consumption remained stable at around 1 LCU per international dollars.

The description is composed by our digital data assistant.
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).

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

What is United States of America PPP for private consumption?