Cayman Islands vs Iceland: Price level index
Price level index over time
- Cayman Islands
- Iceland
How they compare
Iceland currently reports 117.85 GDP against 113.11 GDP in Cayman Islands, a difference of 4.74 GDP.
The two have swapped places 5 times across 19 shared years of data; in 2006 it was Iceland ahead.
Cayman Islands ranks 3rd and Iceland ranks 2nd of 203 countries.
Across the 3 decades both report, Cayman Islands averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Cayman Islands | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 116.76 GDP | 135.31 GDP | 18.55 GDP | Iceland |
| 2010s | 117.59 GDP | 116.18 GDP | 1.4 GDP | Cayman Islands |
| 2020s | 116.1 GDP | 104.09 GDP | 12 GDP | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Cayman Islands or Iceland?
- Iceland, at 117.85 GDP against 113.11 GDP in Cayman Islands as of 2025.
- What is the difference in price level index between Cayman Islands and Iceland?
- 4.74 GDP, with Iceland 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 price level index?
- Cayman Islands ranks 3rd and Iceland ranks 2nd of 203 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.