Iraq vs Nigeria: DEC alternative conversion factor
DEC alternative conversion factor over time
- Iraq
- Nigeria
How they compare
Nigeria currently reports 1,518 LCU per US$ against 1,300 LCU per US$ in Iraq, a difference of 218 LCU per US$.
That makes Nigeria's figure about 1.2 times Iraq's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Nigeria ahead.
Iraq ranks 27th and Nigeria ranks 24th of 214 countries.
Across the 7 decades both report, Iraq averaged higher in 4 and Nigeria in 3.
Head to head by decade
| Decade | Iraq | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3571 LCU per US$ | 0.7143 LCU per US$ | 0.3571 LCU per US$ | Nigeria |
| 1970s | 0.3118 LCU per US$ | 0.8781 LCU per US$ | 0.5663 LCU per US$ | Nigeria |
| 1980s | 0.307 LCU per US$ | 3.32 LCU per US$ | 3.01 LCU per US$ | Nigeria |
| 1990s | 467.38 LCU per US$ | 26.13 LCU per US$ | 441.25 LCU per US$ | Iraq |
| 2000s | 1,278 LCU per US$ | 124.66 LCU per US$ | 1,154 LCU per US$ | Iraq |
| 2010s | 1,174 LCU per US$ | 213.51 LCU per US$ | 960.01 LCU per US$ | Iraq |
| 2020s | 1,335 LCU per US$ | 803.47 LCU per US$ | 531.19 LCU per US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Iraq or Nigeria?
- Nigeria, at 1,518 LCU per US$ against 1,300 LCU per US$ in Iraq as of 2025.
- What is the difference in dec alternative conversion factor between Iraq and Nigeria?
- 218 LCU per US$, with Nigeria ahead.
- How many years of comparable data are there for Iraq and Nigeria?
- 66 years are reported by both, from 1960 to 2025.
- How do Iraq and Nigeria rank globally for dec alternative conversion factor?
- Iraq ranks 27th and Nigeria ranks 24th of 214 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). 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.