Australia PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Australia's ppp conversion factor was 1.32 in 2025, ranked 138th globally. This represents a 3.3% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Australia's ppp conversion factor stood at 1.32 in 2025, a decline of +0.04 from 2024. Based on recent trends, this figure is projected to reach 1.32 by 2025. Australia ranked 138th globally.
Australia's PPP Conversion Factor, a measure of the price level of goods and services in Australia relative to a standard basket of goods and services, has shown a stable albeit declining trend over the past 36 years. At 1.32, the country ranks 138th globally, a marked decrease from its peak of 1.54 in 2012. Notably, Australia's Conversion Factor has been below its 1990 level of 1.37 since 1999, when it reached an all-time trough of 1.30. A comparison with peer countries reveals that Australia is closely positioned with St. Lucia, which has a Conversion Factor of 1.35. Dominica and Curaçao, however, exhibit lower Conversion Factors of 1.25 and 1.21, respectively. As Australia's economy continues to evolve, a shift in its trade relationships or changes in global economic conditions could alter the trajectory of its PPP Conversion Factor, potentially leading to a reversal in the current downward trend.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.28 | - | - |
| 2026* trend | 1.30 | - | - |
| 2025* trend | 1.32 | - | - |
| 2025 | 1.32 | −0.04 | #138 |
| 2024 | 1.37 | +0.03 | #57 |
| 2023 | 1.34 | −0.02 | #61 |
| 2022 | 1.36 | −0.04 | #64 |
| 2021 | 1.40 | −0.04 | #62 |
| 2020 | 1.43 | −0.03 | #66 |
| 2019 | 1.46 | −0.01 | #67 |
| 2018 | 1.47 | −0.01 | #66 |
| 2017 | 1.48 | +0.03 | #69 |
| 2016 | 1.45 | −0.02 | #68 |
| 2015 | 1.47 | +0.02 | #69 |
| 2014 | 1.45 | +0.01 | #70 |
| 2013 | 1.45 | −0.09 | #70 |
| 2012 | 1.54 | +0.03 | #71 |
| 2011 | 1.51 | +0.01 | #76 |
Detected Pattern
Analysis
Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Australia's ppp conversion factor was 1.32 in 2025. Ranked 138th globally. This represents a 3.3% decrease from the previous year.
Australia's ppp conversion factor peaked at 1.54 in 2012.
The lowest ppp conversion factor in Australia was 1.30 in 1999.
Australia ranks 138th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Australia's ppp conversion factor is projected to reach 1.32 by 2025 based on trend extrapolation.
The ppp conversion factor of Australia in 2025 was 1.32. This ranks 138th in the world.
Cite this page
@misc{historysaid_australia_ppp-conversion-factor,
title = {Australia PPP Conversion Factor},
url = {https://historysaid.com/australia/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}