Iceland vs Latin America & Caribbean: GDP per capita, PPP
GDP per capita, PPP over time
- Iceland
- Latin America & Caribbean
How they compare
Iceland currently reports 68,065 constant 2021 international $ against 20,287 constant 2021 international $ in Latin America & Caribbean, a difference of 47,778 constant 2021 international $.
That makes Iceland's figure about 3.4 times Latin America & Caribbean's.
Across all 36 years both countries report, Iceland has been ahead every year.
Iceland ranks 20th and Latin America & Caribbean ranks 20th of 200 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 43,396 constant 2021 international $ | 13,484 constant 2021 international $ | 29,913 constant 2021 international $ | Iceland |
| 2000s | 56,612 constant 2021 international $ | 15,577 constant 2021 international $ | 41,035 constant 2021 international $ | Iceland |
| 2010s | 61,794 constant 2021 international $ | 18,559 constant 2021 international $ | 43,235 constant 2021 international $ | Iceland |
| 2020s | 65,914 constant 2021 international $ | 19,242 constant 2021 international $ | 46,672 constant 2021 international $ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Iceland or Latin America & Caribbean?
- Iceland, at 68,065 constant 2021 international $ against 20,287 constant 2021 international $ in Latin America & Caribbean as of 2025.
- What is the difference in gdp per capita, ppp between Iceland and Latin America & Caribbean?
- 47,778 constant 2021 international $, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latin America & Caribbean?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and Latin America & Caribbean rank globally for gdp per capita, ppp?
- Iceland ranks 20th and Latin America & Caribbean ranks 20th of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.