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Micronesia, Federated States of - PPP Conversion Factor 2023

Name: Micronesia, Federated States of PPP Conversion Factor 2023
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

PPP conversion factor, GDP · World Bank

0.93 +0.02 from 2022 Global rank: 49th

Micronesia, Federated States of's ppp conversion factor was 0.93 in 2023, increased +0.02 from 0.91 in 2022. This was the 49th highest globally.

Global Ranking - 2023▾

PPP Conversion Factor by Country - 2023
Rank	Country	Value	YoY
1st	Bahrain	0.17	-7.6%
2nd	Oman	0.19	-8.0%
3rd	Kuwait	0.20	-11.3%
4th	Jordan	0.30	-1.7%
5th	Timor-Leste	0.31	-23.6%
6th	Montenegro	0.36	4.7%
7th	Kosovo	0.36	0.9%
8th	El Salvador	0.42	-1.0%
9th	Ecuador	0.42	-1.3%
10th	Croatia	0.43	3.2%
11th	Liberia	0.45	1.2%
12th	Panama	0.47	-1.3%
13th	Lithuania	0.49	5.0%
14th	Latvia	0.49	3.7%
15th	Slovak Republic	0.50	1.8%
16th	Greece	0.51	0.8%
17th	Azerbaijan	0.51	-12.5%
18th	Portugal	0.51	-0.7%
19th	Brunei Darussalam	0.52	-15.9%
20th	Slovenia	0.54	4.5%
21st	Spain	0.56	-0.5%
22nd	Malta	0.56	1.0%
23rd	Cyprus	0.57	0.2%
24th	Estonia	0.57	2.3%
25th	West Bank and Gaza	0.58	-5.8%
26th	Italy	0.60	1.8%
27th	Andorra	0.60	2.6%
28th	United Kingdom	0.66	4.3%
29th	Bosnia and Herzegovina	0.67	2.0%
30th	France	0.68	-0.6%
31st	Germany	0.70	1.8%
32nd	San Marino	0.70	3.6%
33rd	Belgium	0.70	0.8%
34th	Austria	0.70	2.5%
35th	Zimbabwe	0.71	738.3%
36th	Netherlands	0.73	2.3%
37th	Bulgaria	0.74	3.0%
38th	Ireland	0.74	2.6%
39th	Belarus	0.77	4.3%
40th	Finland	0.77	-0.1%
41st	Puerto Rico (US)	0.78	-0.3%
42nd	Singapore	0.80	-8.3%
43rd	Luxembourg	0.81	1.0%
44th	Palau	0.86	7.2%
45th	Georgia	0.87	-0.6%
46th	Tunisia	0.87	3.5%
47th	Marshall Islands	0.90	3.6%
48th	Fiji	0.91	-0.8%
49th	Micronesia, Federated States of	0.93	2.0%
50th	Cayman Islands	0.93	-0.8%
51st	Kiribati	0.94	4.9%
52nd	Switzerland	0.95	-0.5%
53rd	Bahamas, The	0.98	2.9%
54th	United States	1.00	0.0%
55th	Turks and Caicos Islands	1.00	-3.0%
56th	Belize	1.08	3.0%
57th	Canada	1.14	-0.5%
58th	Bermuda	1.16	0.2%
59th	Curaçao	1.24	-1.2%
60th	Dominica	1.32	-1.5%
61st	Australia	1.34	-1.6%
62nd	Sint Maarten (Dutch part)	1.37	-1.5%
63rd	Aruba	1.37	3.4%
64th	Nauru	1.38	2.7%
65th	St. Lucia	1.41	-2.0%
66th	Malaysia	1.42	-5.3%
67th	St. Vincent and the Grenadines	1.44	-0.7%
68th	Turkmenistan	1.45	-6.6%
69th	New Zealand	1.46	1.9%
70th	Tuvalu	1.55	3.1%
71st	Samoa	1.61	3.1%
72nd	Grenada	1.62	0.8%
73rd	Tonga	1.71	3.7%
74th	Peru	1.74	2.6%
75th	St. Kitts and Nevis	1.79	0.8%
76th	Romania	1.81	4.8%
77th	Antigua and Barbuda	1.84	1.3%
78th	Saudi Arabia	1.89	-5.6%
79th	Poland	1.92	6.7%
80th	Libya	2.09	-10.8%
81st	Barbados	2.16	-1.6%
82nd	Papua New Guinea	2.28	-7.7%
83rd	Bolivia, Plurinational State of	2.29	-3.3%
84th	Qatar	2.30	-12.4%
85th	United Arab Emirates	2.35	-5.4%
86th	Brazil	2.45	1.5%
87th	Tajikistan	2.57	0.1%
88th	Guatemala	3.28	2.8%
89th	Israel	3.46	0.4%
90th	Ghana	3.48	35.2%
91st	Trinidad and Tobago	3.57	-16.0%
92nd	China	3.64	-4.0%
93rd	Morocco	3.91	3.3%
94th	Macao SAR, China	4.66	0.8%
95th	Egypt, Arab Republic of	4.79	20.5%
96th	Sierra Leone	4.80	24.8%
97th	Botswana	5.06	-1.8%
98th	Greenland	5.11	-1.7%
99th	Hong Kong SAR, China	5.54	-0.7%
100th	Lesotho	5.87	-3.8%
101st	Denmark	6.05	-0.8%
102nd	Solomon Islands	6.07	-1.0%
103rd	Eswatini	6.13	2.4%
104th	Faroe Islands	6.26	-0.6%
105th	Zambia	6.60	3.4%
106th	Namibia	6.87	2.9%
107th	Moldova	6.96	5.5%
108th	South Africa	7.32	1.1%
109th	Türkiye	7.42	62.8%
110th	Maldives	7.81	-1.4%
111th	Seychelles	8.06	0.5%
112th	Sweden	8.52	2.1%
113th	Norway	8.92	6.5%
114th	Suriname	9.62	28.5%
115th	Mexico	9.75	-1.7%
116th	Ukraine	10.64	15.7%
117th	Thailand	10.65	-2.2%
118th	Honduras	11.06	2.4%
119th	São Tomé and Principe	11.10	19.4%
120th	Mauritania	11.19	0.2%
121st	Nicaragua	11.43	6.9%
122nd	Czechia	12.58	0.8%
123rd	Afghanistan	14.80	-0.7%
124th	Gambia, The	16.44	9.8%
125th	Mauritius	17.26	2.4%
126th	Philippines	19.26	1.0%
127th	North Macedonia	19.48	5.9%
128th	Bhutan	19.52	0.8%
129th	India	20.29	-1.0%
130th	Dominican Republic	23.10	2.1%
131st	Mozambique	23.68	1.4%
132nd	Kyrgyz Republic	25.74	15.7%
133rd	Uruguay	25.93	-0.2%
134th	Russian Federation	27.24	4.2%
135th	Bangladesh	28.63	3.2%
136th	Nepal	33.50	2.1%
137th	Albania	39.45	-0.4%
138th	Kenya	43.00	1.8%
139th	Algeria	43.36	-2.5%
140th	Serbia	44.71	4.4%
141st	Cabo Verde	47.66	-0.3%
142nd	Pakistan	56.20	21.6%
143rd	Haiti	73.05	26.9%
144th	Guyana	78.00	-17.1%
145th	Djibouti	83.16	-1.1%
146th	Sri Lanka	86.07	12.6%
147th	Jamaica	91.91	7.5%
148th	Japan	93.83	-1.1%
149th	Vanuatu	116.27	3.3%
150th	Iceland	137.85	2.2%
151st	Argentina	139.81	128.5%
152nd	Armenia	148.71	-0.5%
153rd	Kazakhstan	152.54	5.7%
154th	Nigeria	158.29	7.0%
155th	Hungary	169.09	8.9%
156th	Comoros	186.25	-0.9%
157th	Burkina Faso	192.02	-1.6%
158th	Cameroon	192.87	0.0%
159th	Mali	199.47	-1.3%
160th	Guinea-Bissau	200.47	1.5%
161st	Togo	202.87	0.4%
162nd	Benin	204.79	-0.2%
163rd	Niger	206.49	-0.1%
164th	Chad	213.24	-7.1%
165th	Senegal	215.58	-0.5%
166th	Côte d'Ivoire	217.24	0.3%
167th	Sudan	217.24	25.2%
168th	Angola	218.51	13.8%
169th	Congo, Republic of	219.42	-10.8%
170th	Gabon	228.03	-13.1%
171st	Equatorial Guinea	232.64	-10.9%
172nd	Central African Republic	239.32	0.0%
173rd	Costa Rica	318.84	-5.2%
174th	Rwanda	350.49	8.1%
175th	Malawi	401.66	24.6%
176th	Chile	432.56	-0.5%
177th	Myanmar	435.00	6.9%
178th	Iraq	535.67	-18.5%
179th	Tanzania	725.85	-0.8%
180th	Burundi	751.94	14.9%
181st	Korea	811.05	0.1%
182nd	Congo, Democratic Republic of	932.43	7.4%
183rd	Mongolia	1,123.87	17.5%
184th	Uganda	1,214.20	3.0%
185th	Madagascar	1,246.05	3.7%
186th	Cambodia	1,344.13	-2.5%
187th	Colombia	1,425.43	4.5%
188th	Syrian Arab Republic	1,757.52	112.7%
189th	Paraguay	2,614.36	-1.4%
190th	Uzbekistan	3,041.71	9.9%
191st	Guinea	3,054.70	2.4%
192nd	Lao PDR	3,934.87	20.1%
193rd	Indonesia	4,819.74	-2.0%
194th	Viet Nam	6,840.61	-1.5%
195th	Somalia, Fed. Rep.	10,446.32	1.0%
196th	Lebanon	23,736.79	192.4%
197th	Iran, Islamic Republic of	94,357.98	32.5%

FAQ

What was Micronesia, Federated States of's ppp conversion factor in 2023?▾

Micronesia, Federated States of's ppp conversion factor in 2023 was 0.93. This ranked 49th globally.

How did Micronesia, Federated States of's ppp conversion factor change in 2023?▾

Micronesia, Federated States of's ppp conversion factor increased by 2.0% in 2023 compared to 2022.

Which country had the highest ppp conversion factor in 2023?▾

Iran, Islamic Republic of had the highest ppp conversion factor in 2023 at 94,357.98.

What is the ppp conversion factor of Micronesia, Federated States of in 2023?▾

The ppp conversion factor of Micronesia, Federated States of in 2023 was 0.93. This ranked 49th globally.

How does 2023 compare to 2022 for Micronesia, Federated States of's ppp conversion factor?▾

Micronesia, Federated States of's ppp conversion factor went from 0.91 in 2022 to 0.93 in 2023, a 2.0% increase.

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