Iceland vs Tuvalu: Price level ratio of PPP conversion factor (GDP) to market exchange
Iceland
1.06
in 2024
Tuvalu
1.03
in 2023
Iceland rank
5th
Tuvalu rank
6th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Iceland
- Tuvalu
How they compare
Iceland currently reports 1.06 against 1.03 in Tuvalu, a difference of 0.03.
The two have swapped places 4 times across 34 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 5th and Tuvalu ranks 6th of 202 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.11 | 0.6286 | 0.482 | Iceland |
| 2000s | 1.24 | 0.7769 | 0.4679 | Iceland |
| 2010s | 1.16 | 1.02 | 0.1398 | Iceland |
| 2020s | 1.06 | 1.04 | 0.0241 | Iceland |
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 Tuvalu?
- Iceland, at 1.06 against 1.03 in Tuvalu as of 2024.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Iceland and Tuvalu?
- 0.03, with Iceland ahead.
- How many years of comparable data are there for Iceland and Tuvalu?
- 34 years are reported by both, from 1990 to 2023.
- How do Iceland and Tuvalu rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Iceland ranks 5th and Tuvalu ranks 6th 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