PPP conversion factor, private consumption in Iceland

Iceland: PPP conversion factor, private consumption was 160.88 LCU per international $ in 2024. β–² Rising

Latest (2024)
160.88 LCU per international $
Change on year
down 0.4%
World rank
45th
of 201 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

0501001501990200720241990: 76.4 LCU per international $1991: 78.7 LCU per international $1992: 79.4 LCU per international $1993: 80.3 LCU per international $1994: 79.9 LCU per international $1995: 79.9 LCU per international $1996: 81.9 LCU per international $1997: 80.8 LCU per international $1998: 83.9 LCU per international $1999: 83.9 LCU per international $2000: 91.1 LCU per international $2001: 96.3 LCU per international $2002: 99.9 LCU per international $2003: 100.7 LCU per international $2004: 101.3 LCU per international $2005: 101.3 LCU per international $2006: 104.5 LCU per international $2007: 107.5 LCU per international $2008: 119.2 LCU per international $2009: 135.6 LCU per international $2010: 141.3 LCU per international $2011: 141.4 LCU per international $2012: 145.2 LCU per international $2013: 148.2 LCU per international $2014: 150.1 LCU per international $2015: 155 LCU per international $2016: 159.9 LCU per international $2017: 157.5 LCU per international $2018: 159 LCU per international $2019: 158.1 LCU per international $2020: 154.9 LCU per international $2021: 155.8 LCU per international $2022: 154.6 LCU per international $2023: 161.6 LCU per international $2024: 160.9 LCU per international $

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 45th out of 201 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 42 Hungary 193.64 LCU per international $ compare
  2. 43 Mali 192.36 LCU per international $ compare
  3. 44 Kazakhstan 177.06 LCU per international $ compare
  4. 46 South Sudan 158.05 LCU per international $ compare
  5. 47 Armenia 157.6 LCU per international $ compare
  6. 48 Vanuatu 126.94 LCU per international $ compare

See the full ranking of 204 places β†’

More population data for Iceland

All data for Iceland β†’

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 45th out of 201 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.

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PPP conversion factor, private consumption in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/iceland/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release