Armenia vs Iceland: PPP conversion factor, private consumption

Armenia
157.6 LCU per international $
in 2024
Iceland
160.88 LCU per international $
in 2024
Armenia rank
47th
Iceland rank
45th

PPP conversion factor, private consumption over time

  • Armenia
  • Iceland
050100150200199020072024

How they compare

Iceland currently reports 160.88 LCU per international $ against 157.6 LCU per international $ in Armenia, a difference of 3.28 LCU per international $.

The two have swapped places 2 times across 32 shared years of data; in 1993 it was Iceland ahead.

Armenia ranks 47th and Iceland ranks 45th of 201 countries.

Armenia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Iceland Difference Ahead
1990s 94.09 LCU per international $ 81.5 LCU per international $ 12.59 LCU per international $ Armenia
2000s 136.47 LCU per international $ 105.74 LCU per international $ 30.73 LCU per international $ Armenia
2010s 169.82 LCU per international $ 151.56 LCU per international $ 18.27 LCU per international $ Armenia
2020s 161.44 LCU per international $ 157.55 LCU per international $ 3.89 LCU per international $ Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, private consumption, Armenia or Iceland?
Iceland, at 160.88 LCU per international $ against 157.6 LCU per international $ in Armenia as of 2024.
What is the difference in ppp conversion factor, private consumption between Armenia and Iceland?
3.28 LCU per international $, with Iceland ahead.
How many years of comparable data are there for Armenia and Iceland?
32 years are reported by both, from 1993 to 2024.
How do Armenia and Iceland rank globally for ppp conversion factor, private consumption?
Armenia ranks 47th and Iceland ranks 45th of 201 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as PPP conversion factor, private consumption (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iceland: PPP conversion factor, private consumption. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/ppp-conversion-factor-private-consumption-lcu-per-international/armenia/iceland/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release