Iceland vs Switzerland: Price level ratio of PPP conversion factor (GDP) to market exchange
Iceland
1.06
in 2024
Switzerland
1.1
in 2024
Iceland rank
5th
Switzerland rank
4th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Iceland
- Switzerland
How they compare
Switzerland currently reports 1.1 against 1.06 in Iceland, a difference of 0.04.
The two have swapped places 6 times across 35 shared years of data; in 1990 it was Switzerland ahead.
Iceland ranks 5th and Switzerland ranks 4th of 202 countries.
Switzerland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.11 | 1.38 | 0.2699 | Switzerland |
| 2000s | 1.24 | 1.25 | 0.0025 | Switzerland |
| 2010s | 1.16 | 1.33 | 0.1677 | Switzerland |
| 2020s | 1.06 | 1.12 | 0.056 | Switzerland |
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, Iceland or Switzerland?
- Switzerland, at 1.1 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 Iceland and Switzerland?
- 0.04, with Switzerland ahead.
- How many years of comparable data are there for Iceland and Switzerland?
- 35 years are reported by both, from 1990 to 2024.
- How do Iceland and Switzerland rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Iceland ranks 5th and Switzerland ranks 4th 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