Ethiopia vs Iceland: DEC alternative conversion factor
DEC alternative conversion factor over time
- Ethiopia
- Iceland
How they compare
Iceland currently reports 128.44 LCU per US$ against 119.46 LCU per US$ in Ethiopia, a difference of 8.98 LCU per US$.
That makes Iceland's figure about 1.1 times Ethiopia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Ethiopia ahead.
Ethiopia ranks 64th and Iceland ranks 61st of 214 countries.
Across the 7 decades both report, Ethiopia averaged higher in 2 and Iceland in 5.
Head to head by decade
| Decade | Ethiopia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.49 LCU per US$ | 0.4856 LCU per US$ | 2.01 LCU per US$ | Ethiopia |
| 1970s | 2.18 LCU per US$ | 1.61 LCU per US$ | 0.5684 LCU per US$ | Ethiopia |
| 1980s | 2.07 LCU per US$ | 30.23 LCU per US$ | 28.16 LCU per US$ | Iceland |
| 1990s | 5.05 LCU per US$ | 65.78 LCU per US$ | 60.73 LCU per US$ | Iceland |
| 2000s | 8.8 LCU per US$ | 82.34 LCU per US$ | 73.54 LCU per US$ | Iceland |
| 2010s | 20.7 LCU per US$ | 119.27 LCU per US$ | 98.57 LCU per US$ | Iceland |
| 2020s | 64.39 LCU per US$ | 133.67 LCU per US$ | 69.28 LCU per US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Ethiopia or Iceland?
- Iceland, at 128.44 LCU per US$ against 119.46 LCU per US$ in Ethiopia as of 2025.
- What is the difference in dec alternative conversion factor between Ethiopia and Iceland?
- 8.98 LCU per US$, with Iceland ahead.
- How many years of comparable data are there for Ethiopia and Iceland?
- 66 years are reported by both, from 1960 to 2025.
- How do Ethiopia and Iceland rank globally for dec alternative conversion factor?
- Ethiopia ranks 64th and Iceland ranks 61st of 214 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.