Iceland - PPP Conversion Factor 2021
142.59
−0.67 from 2020
Iceland's ppp conversion factor was 142.59 in 2021, decreased +0.67 from 143.25 in 2020. This was the 156th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | 0.02 | 92.7% |
| 2nd | Bahrain | 0.19 | 8.4% |
| 3rd | Oman | 0.19 | 5.0% |
| 4th | Kuwait | 0.20 | 8.7% |
| 5th | Jordan | 0.32 | 8.5% |
| 6th | Montenegro | 0.33 | 3.7% |
| 7th | Kosovo | 0.36 | 0.4% |
| 8th | Timor-Leste | 0.39 | 47.9% |
| 9th | Croatia | 0.41 | -0.7% |
| 10th | El Salvador | 0.43 | 0.9% |
| 11th | Liberia | 0.43 | 16.8% |
| 12th | Lithuania | 0.44 | 1.5% |
| 13th | Ecuador | 0.45 | -5.3% |
| 14th | Azerbaijan | 0.46 | -3.6% |
| 15th | Latvia | 0.46 | -1.2% |
| 16th | Slovak Republic | 0.49 | -0.2% |
| 17th | Panama | 0.50 | 1.9% |
| 18th | Greece | 0.52 | -1.8% |
| 19th | Brunei Darussalam | 0.53 | 0.4% |
| 20th | Estonia | 0.53 | 3.7% |
| 21st | Slovenia | 0.54 | 1.0% |
| 22nd | Portugal | 0.54 | -0.4% |
| 23rd | Malta | 0.57 | 1.6% |
| 24th | Cyprus | 0.58 | 1.1% |
| 25th | Spain | 0.59 | -2.9% |
| 26th | Andorra | 0.60 | -3.7% |
| 27th | Italy | 0.63 | -1.1% |
| 28th | West Bank and Gaza | 0.65 | 19.7% |
| 29th | Bosnia and Herzegovina | 0.66 | 2.6% |
| 30th | United Kingdom | 0.67 | 2.4% |
| 31st | Belarus | 0.69 | 7.3% |
| 32nd | Bulgaria | 0.69 | 2.6% |
| 33rd | France | 0.70 | 1.6% |
| 34th | Germany | 0.71 | 0.0% |
| 35th | San Marino | 0.71 | 0.4% |
| 36th | Belgium | 0.72 | 0.5% |
| 37th | Austria | 0.72 | -1.2% |
| 38th | Netherlands | 0.74 | -0.8% |
| 39th | Ireland | 0.75 | -3.0% |
| 40th | Finland | 0.79 | -1.4% |
| 41st | Puerto Rico (US) | 0.80 | -5.7% |
| 42nd | Singapore | 0.81 | -2.8% |
| 43rd | Palau | 0.82 | -2.5% |
| 44th | Luxembourg | 0.83 | -0.5% |
| 45th | Georgia | 0.87 | 8.7% |
| 46th | Tunisia | 0.88 | 4.8% |
| 47th | Micronesia, Federated States of | 0.89 | -2.6% |
| 48th | Virgin Islands (US) | 0.91 | -4.7% |
| 49th | Fiji | 0.91 | -2.7% |
| 50th | Marshall Islands | 0.93 | 1.1% |
| 51st | Cayman Islands | 0.97 | -6.4% |
| 52nd | Bahamas, The | 0.98 | 1.6% |
| 53rd | Kiribati | 0.98 | 4.3% |
| 54th | United States | 1.00 | 0.0% |
| 55th | Belize | 1.05 | -3.5% |
| 56th | Switzerland | 1.06 | -4.3% |
| 57th | Turks and Caicos Islands | 1.09 | 3.0% |
| 58th | Canada | 1.16 | -3.2% |
| 59th | Bermuda | 1.22 | -2.8% |
| 60th | Curaçao | 1.28 | -4.8% |
| 61st | Aruba | 1.36 | -3.4% |
| 62nd | Australia | 1.40 | -2.5% |
| 63rd | Dominica | 1.43 | -3.6% |
| 64th | Sint Maarten (Dutch part) | 1.44 | 3.7% |
| 65th | St. Vincent and the Grenadines | 1.44 | -2.0% |
| 66th | New Zealand | 1.46 | 2.9% |
| 67th | Tuvalu | 1.47 | 4.0% |
| 68th | St. Lucia | 1.48 | -2.9% |
| 69th | Turkmenistan | 1.50 | -1.8% |
| 70th | Malaysia | 1.51 | -0.6% |
| 71st | Tonga | 1.62 | -2.4% |
| 72nd | Samoa | 1.63 | -5.0% |
| 73rd | Romania | 1.65 | 2.3% |
| 74th | Nauru | 1.66 | 12.1% |
| 75th | Grenada | 1.70 | 0.7% |
| 76th | Peru | 1.73 | 1.6% |
| 77th | Poland | 1.75 | 3.2% |
| 78th | Libya | 1.76 | 109.1% |
| 79th | Antigua and Barbuda | 1.82 | -1.9% |
| 80th | St. Kitts and Nevis | 1.84 | -1.1% |
| 81st | Saudi Arabia | 1.91 | -0.6% |
| 82nd | Ghana | 2.15 | 5.7% |
| 83rd | Qatar | 2.24 | -2.4% |
| 84th | Papua New Guinea | 2.30 | 6.7% |
| 85th | United Arab Emirates | 2.36 | 13.1% |
| 86th | Brazil | 2.38 | 5.0% |
| 87th | Barbados | 2.38 | 2.8% |
| 88th | Bolivia, Plurinational State of | 2.47 | -4.2% |
| 89th | Tajikistan | 2.54 | 8.0% |
| 90th | Türkiye | 2.75 | 30.3% |
| 91st | Guatemala | 3.21 | 1.7% |
| 92nd | Sierra Leone | 3.24 | 6.2% |
| 93rd | Israel | 3.66 | -2.4% |
| 94th | Egypt, Arab Republic of | 3.85 | 4.3% |
| 95th | Trinidad and Tobago | 3.93 | 1.7% |
| 96th | Morocco | 3.95 | -2.0% |
| 97th | China | 3.99 | -0.7% |
| 98th | Botswana | 4.82 | 1.7% |
| 99th | Macao SAR, China | 4.90 | -5.1% |
| 100th | Eritrea | 4.94 | -1.5% |
| 101st | Greenland | 5.27 | -4.4% |
| 102nd | Suriname | 5.37 | 43.9% |
| 103rd | Hong Kong SAR, China | 5.87 | -4.5% |
| 104th | Eswatini | 5.90 | -3.7% |
| 105th | Moldova | 5.95 | 6.1% |
| 106th | Lesotho | 6.19 | 4.8% |
| 107th | Denmark | 6.29 | -1.2% |
| 108th | Faroe Islands | 6.38 | -3.4% |
| 109th | Zambia | 6.44 | 16.5% |
| 110th | Solomon Islands | 6.70 | -4.9% |
| 111th | Namibia | 6.72 | -1.6% |
| 112th | Ukraine | 7.30 | 13.5% |
| 113th | South Africa | 7.38 | 1.8% |
| 114th | Maldives | 8.21 | -3.1% |
| 115th | Sweden | 8.36 | -0.9% |
| 116th | Seychelles | 8.46 | 6.2% |
| 117th | São Tomé and Principe | 8.60 | -5.8% |
| 118th | Norway | 8.98 | -6.3% |
| 119th | Mexico | 10.06 | 2.5% |
| 120th | Nicaragua | 10.56 | -0.4% |
| 121st | Honduras | 10.59 | 0.5% |
| 122nd | Thailand | 11.15 | -2.3% |
| 123rd | Mauritania | 12.04 | 3.5% |
| 124th | Czechia | 12.56 | 3.4% |
| 125th | Afghanistan | 14.59 | -4.9% |
| 126th | Gambia, The | 14.74 | 0.6% |
| 127th | Mauritius | 16.63 | 0.0% |
| 128th | North Macedonia | 17.93 | -0.7% |
| 129th | Philippines | 19.38 | -0.3% |
| 130th | Bhutan | 19.61 | 3.4% |
| 131st | Kyrgyz Republic | 19.92 | 8.5% |
| 132nd | India | 20.73 | 2.0% |
| 133rd | Dominican Republic | 22.12 | 4.2% |
| 134th | Mozambique | 22.91 | 0.7% |
| 135th | Russian Federation | 23.69 | 2.3% |
| 136th | Uruguay | 26.46 | 2.8% |
| 137th | Bangladesh | 28.30 | -1.4% |
| 138th | Nepal | 32.48 | 2.5% |
| 139th | Algeria | 38.76 | 3.5% |
| 140th | Argentina | 38.78 | 44.2% |
| 141st | Serbia | 41.11 | 3.4% |
| 142nd | Albania | 41.17 | 2.4% |
| 143rd | Kenya | 42.33 | -1.1% |
| 144th | Pakistan | 43.44 | 8.4% |
| 145th | Haiti | 47.50 | 14.3% |
| 146th | Cabo Verde | 48.17 | -3.6% |
| 147th | Sri Lanka | 55.53 | 0.7% |
| 148th | Jamaica | 81.33 | 5.2% |
| 149th | Sudan | 85.72 | 230.3% |
| 150th | Guyana | 89.92 | 7.0% |
| 151st | Djibouti | 90.23 | -1.4% |
| 152nd | Japan | 99.21 | -1.5% |
| 153rd | Vanuatu | 108.45 | -3.7% |
| 154th | South Sudan | 126.74 | 240.8% |
| 155th | Kazakhstan | 129.06 | 3.4% |
| 156th | Iceland | 142.59 | -0.5% |
| 157th | Nigeria | 146.72 | 9.0% |
| 158th | Armenia | 148.24 | 4.4% |
| 159th | Hungary | 148.35 | 4.6% |
| 160th | Angola | 174.09 | 18.5% |
| 161st | Comoros | 191.48 | -5.1% |
| 162nd | Cameroon | 193.46 | -5.7% |
| 163rd | Burkina Faso | 199.72 | 0.1% |
| 164th | Togo | 202.17 | -3.0% |
| 165th | Guinea-Bissau | 203.72 | -2.2% |
| 166th | Mali | 203.72 | 1.1% |
| 167th | Benin | 211.11 | -0.6% |
| 168th | Senegal | 212.33 | -5.2% |
| 169th | Niger | 212.89 | -4.5% |
| 170th | Chad | 215.51 | -5.6% |
| 171st | Congo, Republic of | 222.78 | -7.4% |
| 172nd | Côte d'Ivoire | 225.29 | -0.5% |
| 173rd | Equatorial Guinea | 228.97 | -5.6% |
| 174th | Central African Republic | 241.88 | -3.2% |
| 175th | Gabon | 244.92 | -6.7% |
| 176th | Malawi | 294.86 | -1.2% |
| 177th | Rwanda | 300.03 | -6.7% |
| 178th | Costa Rica | 334.12 | 1.9% |
| 179th | Myanmar | 410.47 | 15.8% |
| 180th | Syrian Arab Republic | 417.32 | 76.1% |
| 181st | Chile | 423.01 | 3.2% |
| 182nd | Iraq | 554.47 | 14.5% |
| 183rd | Burundi | 609.60 | 2.3% |
| 184th | Tanzania | 762.96 | -2.1% |
| 185th | Korea | 829.87 | 0.1% |
| 186th | Congo, Democratic Republic of | 845.45 | 2.2% |
| 187th | Mongolia | 870.18 | 5.9% |
| 188th | Madagascar | 1,173.86 | 2.5% |
| 189th | Uganda | 1,203.16 | -3.0% |
| 190th | Colombia | 1,340.33 | 5.5% |
| 191st | Cambodia | 1,426.96 | -0.5% |
| 192nd | Uzbekistan | 2,591.11 | 10.1% |
| 193rd | Paraguay | 2,628.08 | 3.5% |
| 194th | Lao PDR | 3,031.70 | 2.6% |
| 195th | Guinea | 3,108.34 | 2.8% |
| 196th | Lebanon | 4,099.51 | 225.0% |
| 197th | Indonesia | 4,808.43 | 0.4% |
| 198th | Viet Nam | 7,120.01 | 0.8% |
| 199th | Somalia, Fed. Rep. | 10,268.42 | 11.9% |
| 200th | Iran, Islamic Republic of | 50,488.17 | 53.2% |
FAQ
What was Iceland's ppp conversion factor in 2021?▾
Iceland's ppp conversion factor in 2021 was 142.59. This ranked 156th globally.
How did Iceland's ppp conversion factor change in 2021?▾
Iceland's ppp conversion factor decreased by 0.5% in 2021 compared to 2020.
Which country had the highest ppp conversion factor in 2021?▾
Iran, Islamic Republic of had the highest ppp conversion factor in 2021 at 50,488.17.
What is the ppp conversion factor of Iceland in 2021?▾
The ppp conversion factor of Iceland in 2021 was 142.59. This ranked 156th globally.
How does 2021 compare to 2020 for Iceland's ppp conversion factor?▾
Iceland's ppp conversion factor went from 143.25 in 2020 to 142.59 in 2021, a 0.5% decrease.
Related
2020
2022
All years
Full ranking 2021
Inflation Rate
Consumer Price Index
Peak: 2020
Lowest: 1990
PPP Conversion Factor 1990s
PPP Conversion Factor 2000s
PPP Conversion Factor 2010s
PPP Conversion Factor 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO PPP Conversion Factor
OECD PPP Conversion Factor
Global Ranking