PPP conversion factor, GDP (LCU per international $) (International) in Iceland
Iceland: PPP conversion factor, GDP (LCU per international $) (International) was 151.37 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Iceland, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in Iceland stood at 151.37 LCU per international $. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 6.6% over ten years.
Over the whole period, ppp conversion factor, gdp in Iceland peaked at 151.37 LCU per international $ in 2025 and was at its lowest, 67.3 LCU per international $, in 1990.
That places Iceland 47th out of 205 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor, GDP (LCU per international $) (International) in Iceland, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 67.3 LCU per international $ | — |
| 1991 | 70.54 LCU per international $ | +4.8% |
| 1992 | 71.35 LCU per international $ | +1.1% |
| 1993 | 70.97 LCU per international $ | -0.5% |
| 1994 | 71.3 LCU per international $ | +0.5% |
| 1995 | 71.93 LCU per international $ | +0.9% |
| 1996 | 74.12 LCU per international $ | +3.0% |
| 1997 | 73.66 LCU per international $ | -0.6% |
| 1998 | 76.66 LCU per international $ | +4.1% |
| 1999 | 79.25 LCU per international $ | +3.4% |
| 2000 | 84.7 LCU per international $ | +6.9% |
| 2001 | 88.3 LCU per international $ | +4.2% |
| 2002 | 91.11 LCU per international $ | +3.2% |
| 2003 | 92.61 LCU per international $ | +1.7% |
| 2004 | 93.3 LCU per international $ | +0.7% |
| 2005 | 95.84 LCU per international $ | +2.7% |
| 2006 | 101.66 LCU per international $ | +6.1% |
| 2007 | 107.34 LCU per international $ | +5.6% |
| 2008 | 114.53 LCU per international $ | +6.7% |
| 2009 | 121.92 LCU per international $ | +6.5% |
| 2010 | 132.92 LCU per international $ | +9.0% |
| 2011 | 135.15 LCU per international $ | +1.7% |
| 2012 | 136.97 LCU per international $ | +1.3% |
| 2013 | 137.02 LCU per international $ | +0.0% |
| 2014 | 138.55 LCU per international $ | +1.1% |
| 2015 | 141.97 LCU per international $ | +2.5% |
| 2016 | 140.03 LCU per international $ | -1.4% |
| 2017 | 138.28 LCU per international $ | -1.3% |
| 2018 | 140.97 LCU per international $ | +1.9% |
| 2019 | 138.67 LCU per international $ | -1.6% |
| 2020 | 143.25 LCU per international $ | +3.3% |
| 2021 | 142.59 LCU per international $ | -0.5% |
| 2022 | 134.9 LCU per international $ | -5.4% |
| 2023 | 137.85 LCU per international $ | +2.2% |
| 2024 | 141.76 LCU per international $ | +2.8% |
| 2025 | 151.37 LCU per international $ | +6.8% |
Iceland compared with similar countries
- Iceland's 151.37 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 151.4× the median. (75 countries reporting)
- Iceland's 151.37 LCU per international $ is above the median for Europe & Central Asia, which is 0.8325 LCU per international $, 181.8× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.71 LCU per international $ | 67.3 LCU per international $ | 79.25 LCU per international $ | 10 |
| 2000s | 99.13 LCU per international $ | 84.7 LCU per international $ | 121.92 LCU per international $ | 10 |
| 2010s | 138.05 LCU per international $ | 132.92 LCU per international $ | 141.97 LCU per international $ | 10 |
| 2020s | 141.95 LCU per international $ | 134.9 LCU per international $ | 151.37 LCU per international $ | 6 |
Countries ranked near Iceland
- 44 Nigeria 195.02 LCU per international $ compare
- 45 Hungary 183.58 LCU per international $ compare
- 46 Kazakhstan 172.83 LCU per international $ compare
- 48 Armenia 148.12 LCU per international $ compare
- 49 South Sudan 126.74 LCU per international $ compare
- 50 Haiti 112.36 LCU per international $ compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor, gdp in Iceland?
- Ppp conversion factor, gdp in Iceland was 151.37 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Iceland?
- The highest recorded value was 151.37 LCU per international $ in 2025.
- What is the lowest ppp conversion factor, gdp recorded in Iceland?
- The lowest recorded value was 67.3 LCU per international $ in 1990.
- How does Iceland rank for ppp conversion factor, gdp?
- Iceland ranks 47th out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Iceland?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.