DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Iceland

Iceland: DEC alternative conversion factor (LCU per US$) (UNESCO Institute) was 137.96 LCU per US$ in 2024. ◆ Volatile

Latest (2024)
137.96 LCU per US$
Change on year
up 0.0%
World rank
56th
of 212 countries
All-time high
137.96 LCU per US$
in 2024
All-time low
0.88 LCU per US$
in 1970
Years of data
55
1970–2024

DEC alternative conversion factor in Iceland, 1970–2024

050100150197019972024

Source: UNESCO Institute for Statistics. Measured in LCU per US$.

Analysis

In 2024, dec alternative conversion factor in Iceland stood at 137.96 LCU per US$. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 18.1% over ten years.

Over the whole period, dec alternative conversion factor in Iceland peaked at 137.96 LCU per US$ in 2024 and was at its lowest, 0.88 LCU per US$, in 1970.

Iceland ranks 56th of 212 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Iceland, year by year

Annual values for DEC alternative conversion factor (LCU per US$) in Iceland, 1970 to 2024.
Year LCU per US$ Change
1970 0.88 LCU per US$ —
1971 0.88 LCU per US$ +0.0%
1972 0.8826 LCU per US$ +0.3%
1973 0.9013 LCU per US$ +2.1%
1974 0.9995 LCU per US$ +10.9%
1975 1.54 LCU per US$ +53.8%
1976 1.82 LCU per US$ +18.5%
1977 1.99 LCU per US$ +9.2%
1978 2.71 LCU per US$ +36.3%
1979 3.53 LCU per US$ +30.1%
1980 4.8 LCU per US$ +36.1%
1981 7.22 LCU per US$ +50.6%
1982 12.35 LCU per US$ +71.0%
1983 24.84 LCU per US$ +101.1%
1984 31.69 LCU per US$ +27.6%
1985 41.51 LCU per US$ +31.0%
1986 41.1 LCU per US$ -1.0%
1987 38.68 LCU per US$ -5.9%
1988 43.01 LCU per US$ +11.2%
1989 57.04 LCU per US$ +32.6%
1990 58.28 LCU per US$ +2.2%
1991 59 LCU per US$ +1.2%
1992 57.55 LCU per US$ -2.5%
1993 67.6 LCU per US$ +17.5%
1994 69.94 LCU per US$ +3.5%
1995 64.69 LCU per US$ -7.5%
1996 66.5 LCU per US$ +2.8%
1997 70.9 LCU per US$ +6.6%
1998 70.96 LCU per US$ +0.1%
1999 72.34 LCU per US$ +1.9%
2000 78.62 LCU per US$ +8.7%
2001 97.42 LCU per US$ +23.9%
2002 91.66 LCU per US$ -5.9%
2003 76.71 LCU per US$ -16.3%
2004 70.19 LCU per US$ -8.5%
2005 62.98 LCU per US$ -10.3%
2006 70.18 LCU per US$ +11.4%
2007 64.06 LCU per US$ -8.7%
2008 87.95 LCU per US$ +37.3%
2009 123.64 LCU per US$ +40.6%
2010 122.24 LCU per US$ -1.1%
2011 115.95 LCU per US$ -5.1%
2012 125.08 LCU per US$ +7.9%
2013 122.18 LCU per US$ -2.3%
2014 116.77 LCU per US$ -4.4%
2015 131.92 LCU per US$ +13.0%
2016 120.81 LCU per US$ -8.4%
2017 106.84 LCU per US$ -11.6%
2018 108.3 LCU per US$ +1.4%
2019 122.61 LCU per US$ +13.2%
2020 135.42 LCU per US$ +10.5%
2021 126.99 LCU per US$ -6.2%
2022 135.28 LCU per US$ +6.5%
2023 137.94 LCU per US$ +2.0%
2024 137.96 LCU per US$ +0.0%

Iceland compared with similar countries

  • Iceland's 137.96 LCU per US$ is above the median for high income countries, which is 1 LCU per US$, 138.0× the median. (83 countries reporting)
  • Iceland's 137.96 LCU per US$ is above the median for Europe & Central Asia, which is 1.7 LCU per US$, 81.2× the median. (55 countries reporting)

Biggest year-on-year movements

Years where DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1983 +101.1% 12.35 LCU per US$ 24.84 LCU per US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.61 LCU per US$ 0.88 LCU per US$ 3.53 LCU per US$ 10
1980s 30.23 LCU per US$ 4.8 LCU per US$ 57.04 LCU per US$ 10
1990s 65.78 LCU per US$ 57.55 LCU per US$ 72.34 LCU per US$ 10
2000s 82.34 LCU per US$ 62.98 LCU per US$ 123.64 LCU per US$ 10
2010s 119.27 LCU per US$ 106.84 LCU per US$ 131.92 LCU per US$ 10
2020s 134.72 LCU per US$ 126.99 LCU per US$ 137.96 LCU per US$ 5

Countries ranked near Iceland

  1. 53 Djibouti 177.72 LCU per US$ compare
  2. 54 Jamaica 156.44 LCU per US$ compare
  3. 55 Japan 151.37 LCU per US$ compare
  4. 57 Kenya 134.82 LCU per US$ compare
  5. 58 Algeria 134.05 LCU per US$ compare
  6. 59 Nepal 133.03 LCU per US$ compare

See the full ranking of 212 places →

More population data for Iceland

All data for Iceland →

Frequently asked questions

What is dec alternative conversion factor in Iceland?
Dec alternative conversion factor in Iceland was 137.96 LCU per US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest dec alternative conversion factor recorded in Iceland?
The highest recorded value was 137.96 LCU per US$ in 2024.
What is the lowest dec alternative conversion factor recorded in Iceland?
The lowest recorded value was 0.88 LCU per US$ in 1970.
How does Iceland rank for dec alternative conversion factor?
Iceland ranks 56th out of 212 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Iceland?
Over the last ten years it is up 18.1%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us-2/iceland/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,748 data points, 1970–2024
Last refreshed

February 2026 Data Release