Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

1990 - 2016 | Yearly | % | World Bank

Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 1.309 % in 2017. This records an increase from the previous number of 1.193 % for 2016. Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 1.119 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.678 % in 2007 and a record low of 0.905 % in 2001. Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Gross Domestic Product: Purchasing Power Parity. 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. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

View Iceland's Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio from 1990 to 2016 in the chart:

Iceland Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

What was Iceland's Iceland IS: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2016?

Last Previous Min Max Unit Frequency Range
1.19 2016 1.08 2015 0.91 2001 1.68 2007 % yearly 1990 - 2016

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 86,450.115 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 110,945.675 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 2.432 2029 yearly 1980 - 2029
GDP Deflator Growth (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 72,684.247 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 2,127.116 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 31,890.966 2023 yearly 1960 - 2023
Gross Savings Rate (%) 23.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 25.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Nominal GDP (USD mn) 7,161.1 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 4,012.422 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption Expenditure (USD mn) 2,086.570 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 88.281 Sep 2024 quarterly Mar 1995 - Sep 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 735,394.000 2022 yearly 2009 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 8.7 Dec 2024 monthly Mar 2001 - Dec 2024
Nominal Residential Property Price Index (2010=100) 357.955 Sep 2024 quarterly Mar 2000 - Sep 2024
Nominal Residential Property Price Index Growth (%) 11.886 Sep 2024 quarterly Mar 2001 - Sep 2024
Real Residential Property Price Index (2010=100) 205.344 Sep 2024 quarterly Mar 2000 - Sep 2024
Real Residential Property Price Index Growth (%) 5.653 Sep 2024 quarterly Mar 2001 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 Sep 2024 quarterly Mar 2002 - Sep 2024
Forecast: Government Expenditure (ISK bn) 2,558.091 2029 yearly 1980 - 2029
Forecast: Government Net Debt (ISK bn) 2,671.158 2029 yearly 1982 - 2029
Forecast: Government Revenue (ISK bn) 2,502.666 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 64.2 2023 yearly 1998 - 2023
National Government Debt (USD mn) 20,353.7 2023 yearly 1998 - 2023
Tax Revenue (USD mn) 2,833.653 Sep 2024 quarterly Mar 2002 - Sep 2024
Consolidated Fiscal Balance (USD mn) -269.054 Sep 2024 quarterly Mar 2002 - Sep 2024
Tax Revenue: % of GDP (%) 32.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 232,200.000 Oct 2024 monthly Jan 2003 - Oct 2024
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.430 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 81.5 Oct 2024 monthly Jan 2003 - Oct 2024
Labour Productivity Growth (%) -6.43 Sep 2024 quarterly Mar 2004 - Sep 2024
Monthly Earnings (USD) 6,909 2023 yearly 1998 - 2023
Population (Person mn) 0.4 2023 yearly 1732 - 2023
Unemployment Rate (%) 3.37 Oct 2024 monthly Jan 2003 - Oct 2024

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