Iceland vs Switzerland: GDP price levels relative to the US

Iceland
1.03
in 2024
Switzerland
1.08
in 2024
Iceland rank
6th
Switzerland rank
3rd

GDP price levels relative to the US over time

  • Iceland
  • Switzerland
00.511.5199020072024

How they compare

Switzerland currently reports 1.08 against 1.03 in Iceland, a difference of 0.05.

The two have swapped places 6 times across 35 shared years of data; in 1990 it was Switzerland ahead.

Iceland ranks 6th and Switzerland ranks 3rd of 202 countries.

Switzerland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Switzerland Difference Ahead
1990s 1.11 1.38 0.2698 Switzerland
2000s 1.24 1.25 0.0025 Switzerland
2010s 1.16 1.33 0.1677 Switzerland
2020s 1.04 1.09 0.0527 Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp price levels relative to the us, Iceland or Switzerland?
Switzerland, at 1.08 against 1.03 in Iceland as of 2024.
What is the difference in gdp price levels relative to the us between Iceland and Switzerland?
0.05, with Switzerland ahead.
How many years of comparable data are there for Iceland and Switzerland?
35 years are reported by both, from 1990 to 2024.
How do Iceland and Switzerland rank globally for gdp price levels relative to the us?
Iceland ranks 6th and Switzerland ranks 3rd of 202 countries.
Where does this data come from?
World Development Indicators - World Bank (2026) – processed by Our World in Data, published as GDP price levels relative to the US. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Switzerland: GDP price levels relative to the US. Statizoid, drawing on World Development Indicators - World Bank (2026) – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gdp-price-levels-relative-to-the-us/iceland/switzerland/

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About this data

Indicator
GDP price levels relative to the US
Source
World Development Indicators - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
202 places, 6,817 data points, 1990–2024
Last refreshed

Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.