Cayman Islands vs Iceland: Price level ratio of PPP conversion factor (GDP) to market exchange
Cayman Islands
1.13
in 2023
Iceland
1.06
in 2024
Cayman Islands rank
2nd
Iceland rank
5th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Cayman Islands
- Iceland
How they compare
Cayman Islands currently reports 1.13 against 1.06 in Iceland, a difference of 0.07.
That makes Cayman Islands's figure about 1.1 times Iceland's.
The two have swapped places 5 times across 18 shared years of data; in 2006 it was Iceland ahead.
Cayman Islands ranks 2nd and Iceland ranks 5th of 202 countries.
Across the 3 decades both report, Cayman Islands averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Cayman Islands | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.17 | 1.35 | 0.1855 | Iceland |
| 2010s | 1.18 | 1.16 | 0.0141 | Cayman Islands |
| 2020s | 1.17 | 1.06 | 0.1048 | Cayman Islands |
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, Cayman Islands or Iceland?
- Cayman Islands, at 1.13 against 1.06 in Iceland as of 2023.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Cayman Islands and Iceland?
- 0.07, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Iceland?
- 18 years are reported by both, from 2006 to 2023.
- How do Cayman Islands and Iceland rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Cayman Islands ranks 2nd 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.
Individual pages
About this data
February 2026 Data Release