Armenia vs Iceland: PPP conversion factor for private consumption
Armenia
158.53 LCU per international $
in 2025
Iceland
166.6 LCU per international $
in 2025
Armenia rank
47th
Iceland rank
46th
PPP conversion factor for private consumption over time
- Armenia
- Iceland
How they compare
Iceland currently reports 166.6 LCU per international $ against 158.53 LCU per international $ in Armenia, a difference of 8.07 LCU per international $.
That makes Iceland's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 33 shared years of data; in 1993 it was Iceland ahead.
Armenia ranks 47th and Iceland ranks 46th of 201 countries.
Armenia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 94.09 LCU per international $ | 81.51 LCU per international $ | 12.58 LCU per international $ | Armenia |
| 2000s | 136.47 LCU per international $ | 105.73 LCU per international $ | 30.73 LCU per international $ | Armenia |
| 2010s | 169.82 LCU per international $ | 151.57 LCU per international $ | 18.26 LCU per international $ | Armenia |
| 2020s | 160.96 LCU per international $ | 155.9 LCU per international $ | 5.06 LCU per international $ | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor for private consumption, Armenia or Iceland?
- Iceland, at 166.6 LCU per international $ against 158.53 LCU per international $ in Armenia as of 2025.
- What is the difference in ppp conversion factor for private consumption between Armenia and Iceland?
- 8.07 LCU per international $, with Iceland ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Iceland rank globally for ppp conversion factor for private consumption?
- Armenia ranks 47th and Iceland ranks 46th of 201 countries.
- Where does this data come from?
- ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as PPP conversion factor for private consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.