PPP conversion factor for private consumption in Iceland
Iceland: PPP conversion factor for private consumption was 166.6 LCU per international $ in 2025. ▲ Rising
Latest (2025)
166.6 LCU per international $
Change on year
up 6.8%
World rank
46th
of 204 countries
All-time high
166.6 LCU per international $
in 2025
All-time low
76.4 LCU per international $
in 1990
Years of data
36
1990–2025
PPP conversion factor for private consumption in Iceland, 1990–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
Iceland recorded 166.6 LCU per international $ for ppp conversion factor for private consumption in 2025. That is the highest value across all 36 years on record.
The figure is up 6.8% on the previous year and up 7.5% over ten years.
Over the whole period, ppp conversion factor for private consumption in Iceland peaked at 166.6 LCU per international $ in 2025 and was at its lowest, 76.4 LCU per international $, in 1990.
Iceland ranks 46th of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor for private consumption in Iceland, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 76.4 LCU per international $ | — |
| 1991 | 78.67 LCU per international $ | +3.0% |
| 1992 | 79.35 LCU per international $ | +0.9% |
| 1993 | 80.27 LCU per international $ | +1.2% |
| 1994 | 79.9 LCU per international $ | -0.5% |
| 1995 | 79.87 LCU per international $ | -0.0% |
| 1996 | 81.9 LCU per international $ | +2.5% |
| 1997 | 80.8 LCU per international $ | -1.3% |
| 1998 | 83.9 LCU per international $ | +3.8% |
| 1999 | 83.91 LCU per international $ | +0.0% |
| 2000 | 91.13 LCU per international $ | +8.6% |
| 2001 | 96.3 LCU per international $ | +5.7% |
| 2002 | 99.88 LCU per international $ | +3.7% |
| 2003 | 100.7 LCU per international $ | +0.8% |
| 2004 | 101.34 LCU per international $ | +0.6% |
| 2005 | 101.34 LCU per international $ | +0.0% |
| 2006 | 104.5 LCU per international $ | +3.1% |
| 2007 | 107.48 LCU per international $ | +2.8% |
| 2008 | 119.17 LCU per international $ | +10.9% |
| 2009 | 135.49 LCU per international $ | +13.7% |
| 2010 | 141.41 LCU per international $ | +4.4% |
| 2011 | 141.37 LCU per international $ | -0.0% |
| 2012 | 145.15 LCU per international $ | +2.7% |
| 2013 | 148.17 LCU per international $ | +2.1% |
| 2014 | 150.1 LCU per international $ | +1.3% |
| 2015 | 155 LCU per international $ | +3.3% |
| 2016 | 159.86 LCU per international $ | +3.1% |
| 2017 | 157.51 LCU per international $ | -1.5% |
| 2018 | 158.98 LCU per international $ | +0.9% |
| 2019 | 158.12 LCU per international $ | -0.5% |
| 2020 | 154.86 LCU per international $ | -2.1% |
| 2021 | 155.84 LCU per international $ | +0.6% |
| 2022 | 150.87 LCU per international $ | -3.2% |
| 2023 | 151.2 LCU per international $ | +0.2% |
| 2024 | 156.03 LCU per international $ | +3.2% |
| 2025 | 166.6 LCU per international $ | +6.8% |
Iceland compared with similar countries
- Iceland's 166.6 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 149.8× the median. (77 countries reporting)
- Iceland's 166.6 LCU per international $ is above the median for Europe & Central Asia, which is 0.8608 LCU per international $, 193.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.5 LCU per international $ | 76.4 LCU per international $ | 83.91 LCU per international $ | 10 |
| 2000s | 105.73 LCU per international $ | 91.13 LCU per international $ | 135.49 LCU per international $ | 10 |
| 2010s | 151.57 LCU per international $ | 141.37 LCU per international $ | 159.86 LCU per international $ | 10 |
| 2020s | 155.9 LCU per international $ | 150.87 LCU per international $ | 166.6 LCU per international $ | 6 |
Countries ranked near Iceland
- 43 Mali 193.45 LCU per international $ compare
- 44 Burkina Faso 193.11 LCU per international $ compare
- 45 Kazakhstan 190.98 LCU per international $ compare
- 47 Armenia 158.53 LCU per international $ compare
- 48 South Sudan 158.05 LCU per international $ compare
- 49 Haiti 133.53 LCU per international $ compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Iceland?
- Ppp conversion factor for private consumption in Iceland was 166.6 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Iceland?
- The highest recorded value was 166.6 LCU per international $ in 2025.
- What is the lowest ppp conversion factor for private consumption recorded in Iceland?
- The lowest recorded value was 76.4 LCU per international $ in 1990.
- How does Iceland rank for ppp conversion factor for private consumption?
- Iceland ranks 46th out of 204 countries with data for 2025.
- Is ppp conversion factor for private consumption rising or falling in Iceland?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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