PPP conversion factor — all countries

PPP conversion factor — New Zealand

PPP conversion factor in New Zealand in 2025 — 1.473 per int$. Ranked 127 in the world out of 185. Since 1990, the indicator has fallen by 4.6%.

2025 1.473 per int$ +0.62% vs 2024
World rank 127of 185
Period maximum 1.543 per int$1990
Period minimum 1.423 per int$2020

Trend over time

1990–2025 · local units per international $

PPP conversion factor — New Zealand, 1990–20251.41.451.51.5519901994199820022006201020142018202220251990: 1.543 per int$1991: 1.499 per int$1992: 1.491 per int$1993: 1.489 per int$1994: 1.463 per int$1995: 1.467 per int$1996: 1.473 per int$1997: 1.451 per int$1998: 1.449 per int$1999: 1.435 per int$2000: 1.445 per int$2001: 1.473 per int$2002: 1.469 per int$2003: 1.495 per int$2004: 1.505 per int$2005: 1.535 per int$2006: 1.482 per int$2007: 1.507 per int$2008: 1.491 per int$2009: 1.472 per int$2010: 1.497 per int$2011: 1.486 per int$2012: 1.496 per int$2013: 1.446 per int$2014: 1.441 per int$2015: 1.478 per int$2016: 1.441 per int$2017: 1.431 per int$2018: 1.47 per int$2019: 1.437 per int$2020: 1.423 per int$2021: 1.464 per int$2022: 1.433 per int$2023: 1.461 per int$2024: 1.464 per int$2025: 1.473 per int$
Change over the period: −0.071 (−4.57%) Average annual rate: -0.13 %
PPP conversion factor — New Zealand, by year New Zealand All countries CSV XLSX
Year per int$ Change Change, %
2025 1.473 +0.009 +0.62%
2024 1.464 +0.003 +0.19%
2023 1.461 +0.028 +1.95%
2022 1.433 −0.031 −2.08%
2021 1.464 +0.041 +2.86%
2020 1.423 −0.014 −0.95%
2019 1.437 −0.033 −2.27%
2018 1.47 +0.039 +2.73%
2017 1.431 −0.01 −0.7%
2016 1.441 −0.037 −2.5%
2015 1.478 +0.037 +2.59%
2014 1.441 −0.005 −0.36%
2013 1.446 −0.05 −3.32%
2012 1.496 +0.01 +0.65%
2011 1.486 −0.011 −0.72%
2010 1.497 +0.024 +1.66%
2009 1.472 −0.018 −1.23%
2008 1.491 −0.016 −1.07%
2007 1.507 +0.025 +1.66%
2006 1.482 −0.053 −3.44%
2005 1.535 +0.03 +1.99%
2004 1.505 +0.01 +0.65%
2003 1.495 +0.026 +1.79%
2002 1.469 −0.004 −0.3%
2001 1.473 +0.029 +1.98%
2000 1.445 +0.01 +0.71%
1999 1.435 −0.015 −1%
1998 1.449 −0.002 −0.15%
1997 1.451 −0.022 −1.47%
1996 1.473 +0.006 +0.44%
1995 1.467 +0.004 +0.25%
1994 1.463 −0.026 −1.75%
1993 1.489 −0.002 −0.13%
1992 1.491 −0.008 −0.53%
1991 1.499 −0.045 −2.89%
1990 1.543

Australia and New Zealand, 2025

The same indicator for neighboring countries — with links to their pages

NZ New Zealand 1.473 AU Australia 1.399

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.