Armenia AM: PPP Conversion Factor: Private Consumption

Armenia AM: PPP Conversion Factor: Private Consumption data was reported at 161.808 AMD/Intl $ in 2023. This records a decrease from the previous number of 165.197 AMD/Intl $ for 2022. Armenia AM: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 143.700 AMD/Intl $ from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 185.209 AMD/Intl $ in 2015 and a record low of 1.107 AMD/Intl $ in 1993. Armenia AM: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity (PPP) conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries, thereby allowing volume comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for household final consumption expenditure.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;

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