Cayman Islands vs Iceland: GDP per capita, PPP
GDP per capita, PPP over time
- Cayman Islands
- Iceland
How they compare
Cayman Islands currently reports 92,201 current international $ against 83,431 current international $ in Iceland, a difference of 8,770 current international $.
That makes Cayman Islands's figure about 1.1 times Iceland's.
Across all 19 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 11th and Iceland ranks 14th of 203 countries.
Cayman Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cayman Islands | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 74,520 current international $ | 42,110 current international $ | 32,410 current international $ | Cayman Islands |
| 2010s | 66,711 current international $ | 49,513 current international $ | 17,198 current international $ | Cayman Islands |
| 2020s | 80,614 current international $ | 72,394 current international $ | 8,219 current international $ | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Cayman Islands or Iceland?
- Cayman Islands, at 92,201 current international $ against 83,431 current international $ in Iceland as of 2024.
- What is the difference in gdp per capita, ppp between Cayman Islands and Iceland?
- 8,770 current international $, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Iceland?
- 19 years are reported by both, from 2006 to 2024.
- How do Cayman Islands and Iceland rank globally for gdp per capita, ppp?
- Cayman Islands ranks 11th and Iceland ranks 14th of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.