Barbados vs Iceland: Price level ratio of PPP conversion factor (GDP) to market exchange

Barbados
1.12
in 2024
Iceland
1.06
in 2024
Barbados rank
3rd
Iceland rank
5th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Barbados
  • Iceland
00.511.5199020072024

How they compare

Barbados currently reports 1.12 against 1.06 in Iceland, a difference of 0.06.

That makes Barbados's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 35 shared years of data; in 1990 it was Iceland ahead.

Barbados ranks 3rd and Iceland ranks 5th of 202 countries.

Across the 4 decades both report, Barbados averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Barbados Iceland Difference Ahead
1990s 0.7327 1.11 0.3779 Iceland
2000s 0.8084 1.24 0.4364 Iceland
2010s 1.06 1.16 0.0994 Iceland
2020s 1.14 1.06 0.0805 Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Barbados or Iceland?
Barbados, at 1.12 against 1.06 in Iceland as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Barbados and Iceland?
0.06, with Barbados ahead.
How many years of comparable data are there for Barbados and Iceland?
35 years are reported by both, from 1990 to 2024.
How do Barbados and Iceland rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Barbados ranks 3rd and Iceland ranks 5th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Iceland: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/barbados/iceland/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release