PPP conversion factor, private consumption (LCU per international $) in Iceland
Iceland: PPP conversion factor, private consumption (LCU per international $) was 160.88 LCU per international $ in 2024. ▲ Rising
Latest (2024)
160.88 LCU per international $
Change on year
down 0.4%
World rank
46th
of 204 countries
All-time high
161.56 LCU per international $
in 2023
All-time low
76.4 LCU per international $
in 1990
Years of data
35
1990–2024
PPP conversion factor, private consumption in Iceland, 1990–2024
Source: UNESCO Institute for Statistics. Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, private consumption in Iceland stood at 160.88 LCU per international $.
That represents a change of down 0.4% on the previous year and up 7.2% over ten years.
Over the whole period, ppp conversion factor, private consumption in Iceland peaked at 161.56 LCU per international $ in 2023 and was at its lowest, 76.4 LCU per international $, in 1990.
That places Iceland 46th out of 204 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, private consumption (LCU per international $) in Iceland, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 76.4 LCU per international $ | — |
| 1991 | 78.67 LCU per international $ | +3.0% |
| 1992 | 79.35 LCU per international $ | +0.9% |
| 1993 | 80.27 LCU per international $ | +1.2% |
| 1994 | 79.9 LCU per international $ | -0.5% |
| 1995 | 79.91 LCU per international $ | +0.0% |
| 1996 | 81.9 LCU per international $ | +2.5% |
| 1997 | 80.76 LCU per international $ | -1.4% |
| 1998 | 83.88 LCU per international $ | +3.9% |
| 1999 | 83.91 LCU per international $ | +0.0% |
| 2000 | 91.14 LCU per international $ | +8.6% |
| 2001 | 96.31 LCU per international $ | +5.7% |
| 2002 | 99.88 LCU per international $ | +3.7% |
| 2003 | 100.66 LCU per international $ | +0.8% |
| 2004 | 101.31 LCU per international $ | +0.6% |
| 2005 | 101.34 LCU per international $ | +0.0% |
| 2006 | 104.48 LCU per international $ | +3.1% |
| 2007 | 107.47 LCU per international $ | +2.9% |
| 2008 | 119.17 LCU per international $ | +10.9% |
| 2009 | 135.64 LCU per international $ | +13.8% |
| 2010 | 141.32 LCU per international $ | +4.2% |
| 2011 | 141.37 LCU per international $ | +0.0% |
| 2012 | 145.15 LCU per international $ | +2.7% |
| 2013 | 148.17 LCU per international $ | +2.1% |
| 2014 | 150.1 LCU per international $ | +1.3% |
| 2015 | 155 LCU per international $ | +3.3% |
| 2016 | 159.86 LCU per international $ | +3.1% |
| 2017 | 157.51 LCU per international $ | -1.5% |
| 2018 | 158.98 LCU per international $ | +0.9% |
| 2019 | 158.12 LCU per international $ | -0.5% |
| 2020 | 154.86 LCU per international $ | -2.1% |
| 2021 | 155.84 LCU per international $ | +0.6% |
| 2022 | 154.63 LCU per international $ | -0.8% |
| 2023 | 161.56 LCU per international $ | +4.5% |
| 2024 | 160.88 LCU per international $ | -0.4% |
Iceland compared with similar countries
- Iceland's 160.88 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 144.7× the median. (77 countries reporting)
- Iceland's 160.88 LCU per international $ is above the median for Europe & Central Asia, which is 0.856 LCU per international $, 188.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.5 LCU per international $ | 76.4 LCU per international $ | 83.91 LCU per international $ | 10 |
| 2000s | 105.74 LCU per international $ | 91.14 LCU per international $ | 135.64 LCU per international $ | 10 |
| 2010s | 151.56 LCU per international $ | 141.32 LCU per international $ | 159.86 LCU per international $ | 10 |
| 2020s | 157.55 LCU per international $ | 154.63 LCU per international $ | 161.56 LCU per international $ | 5 |
Countries ranked near Iceland
- 43 Hungary 193.64 LCU per international $ compare
- 44 Mali 192.36 LCU per international $ compare
- 45 Kazakhstan 177.06 LCU per international $ compare
- 47 South Sudan 158.05 LCU per international $ compare
- 48 Armenia 157.6 LCU per international $ compare
- 49 Vanuatu 126.94 LCU per international $ compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is ppp conversion factor, private consumption in Iceland?
- Ppp conversion factor, private consumption in Iceland was 160.88 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest ppp conversion factor, private consumption recorded in Iceland?
- The highest recorded value was 161.56 LCU per international $ in 2023.
- What is the lowest ppp conversion factor, private consumption recorded in Iceland?
- The lowest recorded value was 76.4 LCU per international $ in 1990.
- How does Iceland rank for ppp conversion factor, private consumption?
- Iceland ranks 46th out of 204 countries with data for 2024.
- Is ppp conversion factor, private consumption rising or falling in Iceland?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release