Iceland vs Japan: Purchasing power parities, price level indices, nominal and real

Iceland
228.34
in 2024
Japan
148.96
in 2024
Iceland rank
2nd
Japan rank
3rd

Purchasing power parities, price level indices, nominal and real over time

  • Iceland
  • Japan
050100150200250199520092024

How they compare

Iceland currently reports 228.34 against 148.96 in Japan, a difference of 79.38.

That makes Iceland's figure about 1.5 times Japan's.

The two have swapped places 1 time across 30 shared years of data; in 1995 it was Japan ahead.

Iceland ranks 2nd and Japan ranks 3rd of 49 countries.

Across the 4 decades both report, Iceland averaged higher in 2 and Japan in 2.

Head to head by decade

Decade Iceland Japan Difference Ahead
1990s 89.67 200.77 111.1 Japan
2000s 123.66 164.7 41.04 Japan
2010s 194.7 147.83 46.88 Iceland
2020s 223.75 151.97 71.77 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher purchasing power parities, price level indices, nominal and real, Iceland or Japan?
Iceland, at 228.34 against 148.96 in Japan as of 2024.
What is the difference in purchasing power parities, price level indices, nominal and real between Iceland and Japan?
79.38, with Iceland ahead.
How many years of comparable data are there for Iceland and Japan?
30 years are reported by both, from 1995 to 2024.
How do Iceland and Japan rank globally for purchasing power parities, price level indices, nominal and real?
Iceland ranks 2nd and Japan ranks 3rd of 49 countries.
Where does this data come from?
Eurostat, published as Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Japan: Purchasing power parities, price level indices, nominal and real. Statizoid, drawing on Eurostat. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/purchasing-power-parities-price-level-indices-nominal-and-real-expenditures-by-analytical-2/iceland/japan/

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About this data

Indicator
Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
64 places, 1,880 data points, 1995–2024
Last refreshed