Iceland vs United States of America: Price level ratio of PPP conversion factor (GDP) to market exchange
Iceland
1.06
in 2024
United States of America
1
in 2024
Iceland rank
5th
United States of America rank
7th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Iceland
- United States of America
How they compare
Iceland currently reports 1.06 against 1 in United States of America, a difference of 0.06.
That makes Iceland's figure about 1.1 times United States of America's.
The two have swapped places 4 times across 35 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 5th and United States of America ranks 7th of 202 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.11 | 1 | 0.1106 | Iceland |
| 2000s | 1.24 | 1 | 0.2448 | Iceland |
| 2010s | 1.16 | 1 | 0.1618 | Iceland |
| 2020s | 1.06 | 1 | 0.0607 | 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 United States of America?
- Iceland, at 1.06 against 1 in United States of America as of 2024.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Iceland and United States of America?
- 0.06, with Iceland ahead.
- How many years of comparable data are there for Iceland and United States of America?
- 35 years are reported by both, from 1990 to 2024.
- How do Iceland and United States of America rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Iceland ranks 5th and United States of America ranks 7th 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