Barbados vs Iceland: Price level index
Price level index over time
- Barbados
- Iceland
How they compare
Barbados currently reports 131.87 Households and NPISHs Final consumption expenditure against 129.71 Households and NPISHs Final consumption expenditure in Iceland, a difference of 2.16 Households and NPISHs Final consumption expenditure.
The two have swapped places 5 times across 32 shared years of data; in 1990 it was Iceland ahead.
Barbados ranks 3rd and Iceland ranks 5th of 205 countries.
Across the 4 decades both report, Barbados averaged higher in 1 and Iceland in 3.
Head to head by decade
| Decade | Barbados | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 97.26 Households and NPISHs Final consumption expenditure | 123.01 Households and NPISHs Final consumption expenditure | 25.75 Households and NPISHs Final consumption expenditure | Iceland |
| 2000s | 97.97 Households and NPISHs Final consumption expenditure | 132.21 Households and NPISHs Final consumption expenditure | 34.24 Households and NPISHs Final consumption expenditure | Iceland |
| 2010s | 122.46 Households and NPISHs Final consumption expenditure | 127.65 Households and NPISHs Final consumption expenditure | 5.18 Households and NPISHs Final consumption expenditure | Iceland |
| 2020s | 132.9 Households and NPISHs Final consumption expenditure | 118.54 Households and NPISHs Final consumption expenditure | 14.36 Households and NPISHs Final consumption expenditure | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Barbados or Iceland?
- Barbados, at 131.87 Households and NPISHs Final consumption expenditure against 129.71 Households and NPISHs Final consumption expenditure in Iceland as of 2021.
- What is the difference in price level index between Barbados and Iceland?
- 2.16 Households and NPISHs Final consumption expenditure, with Barbados ahead.
- How many years of comparable data are there for Barbados and Iceland?
- 32 years are reported by both, from 1990 to 2021.
- How do Barbados and Iceland rank globally for price level index?
- Barbados ranks 3rd and Iceland ranks 5th of 205 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (Households and NPISHs Final consumption expenditure). 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. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.