Iceland vs Nigeria: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Iceland
- Nigeria
How they compare
Nigeria currently reports 195.02 LCU per international $ against 151.37 LCU per international $ in Iceland, a difference of 43.65 LCU per international $.
That makes Nigeria's figure about 1.3 times Iceland's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 47th and Nigeria ranks 44th of 205 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Nigeria in 1.
Head to head by decade
| Decade | Iceland | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 72.71 LCU per international $ | 11.35 LCU per international $ | 61.35 LCU per international $ | Iceland |
| 2000s | 99.13 LCU per international $ | 45.5 LCU per international $ | 53.63 LCU per international $ | Iceland |
| 2010s | 138.05 LCU per international $ | 99.01 LCU per international $ | 39.05 LCU per international $ | Iceland |
| 2020s | 141.95 LCU per international $ | 159.77 LCU per international $ | 17.82 LCU per international $ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Iceland or Nigeria?
- Nigeria, at 195.02 LCU per international $ against 151.37 LCU per international $ in Iceland as of 2025.
- What is the difference in ppp conversion factor, gdp between Iceland and Nigeria?
- 43.65 LCU per international $, with Nigeria ahead.
- How many years of comparable data are there for Iceland and Nigeria?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and Nigeria rank globally for ppp conversion factor, gdp?
- Iceland ranks 47th and Nigeria ranks 44th of 205 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The purchasing power parity (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 gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.