Iceland - PPP conversion factor
PPP conversion factor, GDP (LCU per international $)
The value for PPP conversion factor, GDP (LCU per international $) in Iceland was 135.62 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 135.62 in 2010 and a minimum value of 5.84 in 1980.
Definition: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1980 | 5.84 |
| 1981 | 7.96 |
| 1982 | 11.53 |
| 1983 | 19.66 |
| 1984 | 24.04 |
| 1985 | 30.81 |
| 1986 | 37.55 |
| 1987 | 43.76 |
| 1988 | 52.08 |
| 1989 | 61.66 |
| 1990 | 68.37 |
| 1991 | 71.55 |
| 1992 | 72.30 |
| 1993 | 72.04 |
| 1994 | 72.40 |
| 1995 | 73.06 |
| 1996 | 74.95 |
| 1997 | 74.39 |
| 1998 | 77.20 |
| 1999 | 79.68 |
| 2000 | 84.30 |
| 2001 | 88.96 |
| 2002 | 91.34 |
| 2003 | 94.52 |
| 2004 | 94.25 |
| 2005 | 99.08 |
| 2006 | 107.17 |
| 2007 | 113.05 |
| 2008 | 117.42 |
| 2009 | 127.76 |
| 2010 | 135.62 |
PPP conversion factor (GDP) to market exchange rate ratio
The value for PPP conversion factor (GDP) to market exchange rate ratio in Iceland was 1.11 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1.76 in 2007 and a minimum value of 0.74 in 1985.
Definition: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1980 | 1.22 |
| 1981 | 1.10 |
| 1982 | 0.93 |
| 1983 | 0.79 |
| 1984 | 0.76 |
| 1985 | 0.74 |
| 1986 | 0.91 |
| 1987 | 1.13 |
| 1988 | 1.21 |
| 1989 | 1.08 |
| 1990 | 1.17 |
| 1991 | 1.21 |
| 1992 | 1.26 |
| 1993 | 1.07 |
| 1994 | 1.04 |
| 1995 | 1.13 |
| 1996 | 1.13 |
| 1997 | 1.05 |
| 1998 | 1.09 |
| 1999 | 1.10 |
| 2000 | 1.07 |
| 2001 | 0.91 |
| 2002 | 1.00 |
| 2003 | 1.23 |
| 2004 | 1.34 |
| 2005 | 1.57 |
| 2006 | 1.53 |
| 2007 | 1.76 |
| 2008 | 1.34 |
| 2009 | 1.03 |
| 2010 | 1.11 |
PPP conversion factor, private consumption (LCU per international $)
The value for PPP conversion factor, private consumption (LCU per international $) in Iceland was 146.91 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of 146.91 in 2010 and a minimum value of 27.87 in 1980.
Definition: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure).
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1980 | 27.87 |
| 1981 | 35.15 |
| 1982 | 45.49 |
| 1983 | 53.39 |
| 1984 | 59.43 |
| 1985 | 71.44 |
| 1986 | 87.35 |
| 1987 | 81.92 |
| 1988 | 84.16 |
| 1989 | 84.66 |
| 1990 | 85.87 |
| 1991 | 85.51 |
| 1992 | 85.49 |
| 1993 | 87.30 |
| 1994 | 85.65 |
| 1995 | 88.04 |
| 1996 | 86.91 |
| 1997 | 93.41 |
| 1998 | 99.05 |
| 1999 | 102.47 |
| 2000 | 104.55 |
| 2001 | 104.07 |
| 2002 | 104.18 |
| 2003 | 109.13 |
| 2004 | 112.06 |
| 2005 | 123.74 |
| 2006 | 140.60 |
| 2007 | 144.92 |
| 2008 | 123.74 |
| 2009 | 137.38 |
| 2010 | 146.91 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Purchasing power parity
