Iceland vs Montenegro: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Iceland
- Montenegro
How they compare
Montenegro currently reports 12.51 billion constant 2021 international $ against 12.46 billion constant 2021 international $ in Iceland, a difference of 47.20 million constant 2021 international $.
The two have swapped places 1 time across 20 shared years of data; in 2006 it was Iceland ahead.
Iceland ranks 139th and Montenegro ranks 138th of 170 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.91 billion constant 2021 international $ | 7.19 billion constant 2021 international $ | 1.73 billion constant 2021 international $ | Iceland |
| 2010s | 8.97 billion constant 2021 international $ | 7.64 billion constant 2021 international $ | 1.33 billion constant 2021 international $ | Iceland |
| 2020s | 11.52 billion constant 2021 international $ | 10.41 billion constant 2021 international $ | 1.10 billion constant 2021 international $ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Iceland or Montenegro?
- Montenegro, at 12.51 billion constant 2021 international $ against 12.46 billion constant 2021 international $ in Iceland as of 2025.
- What is the difference in households and npishs final consumption expenditure, ppp between Iceland and Montenegro?
- 47.20 million constant 2021 international $, with Montenegro ahead.
- How many years of comparable data are there for Iceland and Montenegro?
- 20 years are reported by both, from 2006 to 2025.
- How do Iceland and Montenegro rank globally for households and npishs final consumption expenditure, ppp?
- Iceland ranks 139th and Montenegro ranks 138th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, 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 final consumption expenditure 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. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.