economic2023

Price level ratio of PPP conversion factor to market exchange rate (national price level, US=100)

Compare how expensive countries are vs the US using the World Bank national price level (US=100), based on PPP vs exchange rates (2023).

Source: World Bank (ICP / WDI)179 countries

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Key Insights

Global Average
54.9(US=100)
Median: 46.0(US=100)
Countries Covered
179
with available data
Highest
Iceland
195.0(US=100)
Lowest
Venezuela
14.0(US=100)
Top 5 Countries
1Iceland195.0(US=100)
2Switzerland155.0(US=100)
3Norway150.0(US=100)
4Denmark120.0(US=100)
5Finland119.0(US=100)
By Region
Oceania105.0(US=100)(2 countries)
Europe85.9(US=100)(32 countries)
North America78.0(US=100)(4 countries)
Asia49.6(US=100)(25 countries)
Other46.4(US=100)(100 countries)

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (14.0(US=100))High (195.0(US=100))

Regional Comparison

Average values by world region (Global avg: 54.9(US=100))

Oceania (2)
Europe (32)
North America (4)
Asia (25)
Other (100)
South America (7)
Africa (9)

Percentile Profile

The curve shows how values change from the lowest to the highest country. Steep sections reveal inequality or outliers.

0th percentile · lowest100th percentile · highest

About This Statistic

Compare how expensive countries are vs the US using the World Bank national price level (US=100), based on PPP vs exchange rates (2023). Source: World Bank (ICP / WDI).

Methodology

Country values are taken from the latest observation available in the linked source series.

Full Data

Rank Country Value
1Iceland195.0(US=100)
2Switzerland155.0(US=100)
3Norway150.0(US=100)
4Denmark120.0(US=100)
5Finland119.0(US=100)
6Luxembourg110.0(US=100)
7Canada109.0(US=100)
8Netherlands109.0(US=100)
9Seychelles109.0(US=100)
10Singapore108.0(US=100)
11France107.0(US=100)
12New Zealand106.0(US=100)
13Sweden106.0(US=100)
14United Kingdom104.0(US=100)
15Australia104.0(US=100)
16Belgium104.0(US=100)
17Germany102.0(US=100)
18Ireland101.0(US=100)
19United States of America100.0(US=100)
20Aruba98.0(US=100)
21Curaçao97.0(US=100)
22Italy95.0(US=100)
23Bahamas95.0(US=100)
24State of Palestine94.0(US=100)
25Israel94.0(US=100)
26Barbados92.0(US=100)
27Japan90.0(US=100)
28South Korea87.0(US=100)
29Sint Maarten (Dutch part)84.0(US=100)
30Armenia81.0(US=100)
31Spain80.0(US=100)
32Fiji79.0(US=100)
33Austria78.0(US=100)
34Estonia77.0(US=100)
35Trinidad and Tobago74.0(US=100)
36Portugal73.0(US=100)
37Slovenia73.0(US=100)
38Mauritius72.0(US=100)
39Cameroon69.0(US=100)
40Greece69.0(US=100)
41United Arab Emirates69.0(US=100)
42Bahrain67.0(US=100)
43Uruguay64.0(US=100)
44People's Republic of China63.0(US=100)
45Comoros63.0(US=100)
46Namibia63.0(US=100)
47Gabon62.0(US=100)
48Montenegro62.0(US=100)
49Lithuania61.0(US=100)
50Faroe Islands60.0(US=100)
51Jamaica60.0(US=100)
52Panama60.0(US=100)
53Qatar60.0(US=100)
54Slovakia60.0(US=100)
55Solomon Islands60.0(US=100)
56Czech Republic59.0(US=100)
57Bosnia and Herzegovina59.0(US=100)
58Croatia58.0(US=100)
59Latvia58.0(US=100)
60Suriname57.0(US=100)
61Guatemala56.0(US=100)
62Lebanon56.0(US=100)
63Poland56.0(US=100)
64Eswatini56.0(US=100)
65Kuwait55.0(US=100)
66Albania55.0(US=100)
67Argentina55.0(US=100)
68Cyprus54.0(US=100)
69Hungary53.0(US=100)
70Jordan52.0(US=100)
71Costa Rica51.0(US=100)
72Russian Federation51.0(US=100)
73Algeria51.0(US=100)
74Andorra51.0(US=100)
75Cape Verde50.0(US=100)
76El Salvador50.0(US=100)
77Belize50.0(US=100)
78Chile49.0(US=100)
79Honduras49.0(US=100)
80Malta49.0(US=100)
81Romania49.0(US=100)
82Central African Republic47.0(US=100)
83Cote d'Ivoire47.0(US=100)
84Mexico47.0(US=100)
85Oman47.0(US=100)
86Serbia47.0(US=100)
87South Africa47.0(US=100)
88Türkiye47.0(US=100)
89Republic of The Gambia46.0(US=100)
90Morocco46.0(US=100)
91Myanmar45.0(US=100)
92Dominican Republic45.0(US=100)
93Georgia45.0(US=100)
94Guyana45.0(US=100)
95Kenya45.0(US=100)
96New Caledonia45.0(US=100)
97Thailand45.0(US=100)
98Angola45.0(US=100)
99Maldives44.0(US=100)
100Botswana44.0(US=100)
101Colombia43.0(US=100)
102Lesotho43.0(US=100)
103Mauritania43.0(US=100)
104Benin42.0(US=100)
105Iraq42.0(US=100)
106Nicaragua42.0(US=100)
107The Republic of North Macedonia42.0(US=100)
108Bhutan42.0(US=100)
109Cambodia41.0(US=100)
110Malaysia41.0(US=100)
111Mali41.0(US=100)
112Papua New Guinea41.0(US=100)
113Saudi Arabia41.0(US=100)
114Cuba40.0(US=100)
115North Korea40.0(US=100)
116Moldova, Republic of40.0(US=100)
117Senegal40.0(US=100)
118Djibouti39.0(US=100)
119Peru39.0(US=100)
120Sierra Leone39.0(US=100)
121Togo39.0(US=100)
122Belarus38.0(US=100)
123Ecuador38.0(US=100)
124Chad37.0(US=100)
125Haiti37.0(US=100)
126Indonesia37.0(US=100)
127Kazakhstan37.0(US=100)
128Madagascar37.0(US=100)
129Ukraine37.0(US=100)
130Egypt37.0(US=100)
131Republic of the Congo36.0(US=100)
132Lao People's Democratic Republic36.0(US=100)
133Libya36.0(US=100)
134Tunisia36.0(US=100)
135Brazil36.0(US=100)
136Burundi35.0(US=100)
137Ghana35.0(US=100)
138Philippines35.0(US=100)
139Ethiopia34.0(US=100)
140Brunei Darussalam34.0(US=100)
141Sri Lanka33.0(US=100)
142Guinea33.0(US=100)
143Paraguay33.0(US=100)
144Vietnam33.0(US=100)
145Turkmenistan33.0(US=100)
146United Republic of Tanzania33.0(US=100)
147Burkina Faso33.0(US=100)
148Bolivia33.0(US=100)
149Liberia32.0(US=100)
150Zimbabwe32.0(US=100)
151Virgin Islands, British32.0(US=100)
152Bulgaria31.0(US=100)
153Kyrgyzstan31.0(US=100)
154Mozambique31.0(US=100)
155Vanuatu31.0(US=100)
156Niger31.0(US=100)
157Sudan31.0(US=100)
158Uganda31.0(US=100)
159Bangladesh31.0(US=100)
160Tajikistan30.0(US=100)
161Democratic Republic of the Congo29.0(US=100)
162Eritrea29.0(US=100)
163Rwanda29.0(US=100)
164India28.0(US=100)
165South Sudan28.0(US=100)
166Yemen28.0(US=100)
167Cayman Islands27.0(US=100)
168Malawi27.0(US=100)
169Uzbekistan27.0(US=100)
170Mongolia26.0(US=100)
171Islamic Republic of Iran25.0(US=100)
172Pakistan25.0(US=100)
173Zambia25.0(US=100)
174Afghanistan25.0(US=100)
175Nepal24.0(US=100)
176Nigeria24.0(US=100)
177Somalia24.0(US=100)
178Syrian Arab Republic24.0(US=100)
179Venezuela14.0(US=100)
Showing 179 of 179 countries

Topics

Data Source

This data comes from World Bank (ICP / WDI) (2023).

View Original Source