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).
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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 ↕ |
|---|---|---|
| 1 | Iceland | 195.0(US=100) |
| 2 | Switzerland | 155.0(US=100) |
| 3 | Norway | 150.0(US=100) |
| 4 | Denmark | 120.0(US=100) |
| 5 | Finland | 119.0(US=100) |
| 6 | Luxembourg | 110.0(US=100) |
| 7 | Canada | 109.0(US=100) |
| 8 | Netherlands | 109.0(US=100) |
| 9 | Seychelles | 109.0(US=100) |
| 10 | Singapore | 108.0(US=100) |
| 11 | France | 107.0(US=100) |
| 12 | New Zealand | 106.0(US=100) |
| 13 | Sweden | 106.0(US=100) |
| 14 | United Kingdom | 104.0(US=100) |
| 15 | Australia | 104.0(US=100) |
| 16 | Belgium | 104.0(US=100) |
| 17 | Germany | 102.0(US=100) |
| 18 | Ireland | 101.0(US=100) |
| 19 | United States of America | 100.0(US=100) |
| 20 | Aruba | 98.0(US=100) |
| 21 | Curaçao | 97.0(US=100) |
| 22 | Italy | 95.0(US=100) |
| 23 | Bahamas | 95.0(US=100) |
| 24 | State of Palestine | 94.0(US=100) |
| 25 | Israel | 94.0(US=100) |
| 26 | Barbados | 92.0(US=100) |
| 27 | Japan | 90.0(US=100) |
| 28 | South Korea | 87.0(US=100) |
| 29 | Sint Maarten (Dutch part) | 84.0(US=100) |
| 30 | Armenia | 81.0(US=100) |
| 31 | Spain | 80.0(US=100) |
| 32 | Fiji | 79.0(US=100) |
| 33 | Austria | 78.0(US=100) |
| 34 | Estonia | 77.0(US=100) |
| 35 | Trinidad and Tobago | 74.0(US=100) |
| 36 | Portugal | 73.0(US=100) |
| 37 | Slovenia | 73.0(US=100) |
| 38 | Mauritius | 72.0(US=100) |
| 39 | Cameroon | 69.0(US=100) |
| 40 | Greece | 69.0(US=100) |
| 41 | United Arab Emirates | 69.0(US=100) |
| 42 | Bahrain | 67.0(US=100) |
| 43 | Uruguay | 64.0(US=100) |
| 44 | People's Republic of China | 63.0(US=100) |
| 45 | Comoros | 63.0(US=100) |
| 46 | Namibia | 63.0(US=100) |
| 47 | Gabon | 62.0(US=100) |
| 48 | Montenegro | 62.0(US=100) |
| 49 | Lithuania | 61.0(US=100) |
| 50 | Faroe Islands | 60.0(US=100) |
| 51 | Jamaica | 60.0(US=100) |
| 52 | Panama | 60.0(US=100) |
| 53 | Qatar | 60.0(US=100) |
| 54 | Slovakia | 60.0(US=100) |
| 55 | Solomon Islands | 60.0(US=100) |
| 56 | Czech Republic | 59.0(US=100) |
| 57 | Bosnia and Herzegovina | 59.0(US=100) |
| 58 | Croatia | 58.0(US=100) |
| 59 | Latvia | 58.0(US=100) |
| 60 | Suriname | 57.0(US=100) |
| 61 | Guatemala | 56.0(US=100) |
| 62 | Lebanon | 56.0(US=100) |
| 63 | Poland | 56.0(US=100) |
| 64 | Eswatini | 56.0(US=100) |
| 65 | Kuwait | 55.0(US=100) |
| 66 | Albania | 55.0(US=100) |
| 67 | Argentina | 55.0(US=100) |
| 68 | Cyprus | 54.0(US=100) |
| 69 | Hungary | 53.0(US=100) |
| 70 | Jordan | 52.0(US=100) |
| 71 | Costa Rica | 51.0(US=100) |
| 72 | Russian Federation | 51.0(US=100) |
| 73 | Algeria | 51.0(US=100) |
| 74 | Andorra | 51.0(US=100) |
| 75 | Cape Verde | 50.0(US=100) |
| 76 | El Salvador | 50.0(US=100) |
| 77 | Belize | 50.0(US=100) |
| 78 | Chile | 49.0(US=100) |
| 79 | Honduras | 49.0(US=100) |
| 80 | Malta | 49.0(US=100) |
| 81 | Romania | 49.0(US=100) |
| 82 | Central African Republic | 47.0(US=100) |
| 83 | Cote d'Ivoire | 47.0(US=100) |
| 84 | Mexico | 47.0(US=100) |
| 85 | Oman | 47.0(US=100) |
| 86 | Serbia | 47.0(US=100) |
| 87 | South Africa | 47.0(US=100) |
| 88 | Türkiye | 47.0(US=100) |
| 89 | Republic of The Gambia | 46.0(US=100) |
| 90 | Morocco | 46.0(US=100) |
| 91 | Myanmar | 45.0(US=100) |
| 92 | Dominican Republic | 45.0(US=100) |
| 93 | Georgia | 45.0(US=100) |
| 94 | Guyana | 45.0(US=100) |
| 95 | Kenya | 45.0(US=100) |
| 96 | New Caledonia | 45.0(US=100) |
| 97 | Thailand | 45.0(US=100) |
| 98 | Angola | 45.0(US=100) |
| 99 | Maldives | 44.0(US=100) |
| 100 | Botswana | 44.0(US=100) |
| 101 | Colombia | 43.0(US=100) |
| 102 | Lesotho | 43.0(US=100) |
| 103 | Mauritania | 43.0(US=100) |
| 104 | Benin | 42.0(US=100) |
| 105 | Iraq | 42.0(US=100) |
| 106 | Nicaragua | 42.0(US=100) |
| 107 | The Republic of North Macedonia | 42.0(US=100) |
| 108 | Bhutan | 42.0(US=100) |
| 109 | Cambodia | 41.0(US=100) |
| 110 | Malaysia | 41.0(US=100) |
| 111 | Mali | 41.0(US=100) |
| 112 | Papua New Guinea | 41.0(US=100) |
| 113 | Saudi Arabia | 41.0(US=100) |
| 114 | Cuba | 40.0(US=100) |
| 115 | North Korea | 40.0(US=100) |
| 116 | Moldova, Republic of | 40.0(US=100) |
| 117 | Senegal | 40.0(US=100) |
| 118 | Djibouti | 39.0(US=100) |
| 119 | Peru | 39.0(US=100) |
| 120 | Sierra Leone | 39.0(US=100) |
| 121 | Togo | 39.0(US=100) |
| 122 | Belarus | 38.0(US=100) |
| 123 | Ecuador | 38.0(US=100) |
| 124 | Chad | 37.0(US=100) |
| 125 | Haiti | 37.0(US=100) |
| 126 | Indonesia | 37.0(US=100) |
| 127 | Kazakhstan | 37.0(US=100) |
| 128 | Madagascar | 37.0(US=100) |
| 129 | Ukraine | 37.0(US=100) |
| 130 | Egypt | 37.0(US=100) |
| 131 | Republic of the Congo | 36.0(US=100) |
| 132 | Lao People's Democratic Republic | 36.0(US=100) |
| 133 | Libya | 36.0(US=100) |
| 134 | Tunisia | 36.0(US=100) |
| 135 | Brazil | 36.0(US=100) |
| 136 | Burundi | 35.0(US=100) |
| 137 | Ghana | 35.0(US=100) |
| 138 | Philippines | 35.0(US=100) |
| 139 | Ethiopia | 34.0(US=100) |
| 140 | Brunei Darussalam | 34.0(US=100) |
| 141 | Sri Lanka | 33.0(US=100) |
| 142 | Guinea | 33.0(US=100) |
| 143 | Paraguay | 33.0(US=100) |
| 144 | Vietnam | 33.0(US=100) |
| 145 | Turkmenistan | 33.0(US=100) |
| 146 | United Republic of Tanzania | 33.0(US=100) |
| 147 | Burkina Faso | 33.0(US=100) |
| 148 | Bolivia | 33.0(US=100) |
| 149 | Liberia | 32.0(US=100) |
| 150 | Zimbabwe | 32.0(US=100) |
| 151 | Virgin Islands, British | 32.0(US=100) |
| 152 | Bulgaria | 31.0(US=100) |
| 153 | Kyrgyzstan | 31.0(US=100) |
| 154 | Mozambique | 31.0(US=100) |
| 155 | Vanuatu | 31.0(US=100) |
| 156 | Niger | 31.0(US=100) |
| 157 | Sudan | 31.0(US=100) |
| 158 | Uganda | 31.0(US=100) |
| 159 | Bangladesh | 31.0(US=100) |
| 160 | Tajikistan | 30.0(US=100) |
| 161 | Democratic Republic of the Congo | 29.0(US=100) |
| 162 | Eritrea | 29.0(US=100) |
| 163 | Rwanda | 29.0(US=100) |
| 164 | India | 28.0(US=100) |
| 165 | South Sudan | 28.0(US=100) |
| 166 | Yemen | 28.0(US=100) |
| 167 | Cayman Islands | 27.0(US=100) |
| 168 | Malawi | 27.0(US=100) |
| 169 | Uzbekistan | 27.0(US=100) |
| 170 | Mongolia | 26.0(US=100) |
| 171 | Islamic Republic of Iran | 25.0(US=100) |
| 172 | Pakistan | 25.0(US=100) |
| 173 | Zambia | 25.0(US=100) |
| 174 | Afghanistan | 25.0(US=100) |
| 175 | Nepal | 24.0(US=100) |
| 176 | Nigeria | 24.0(US=100) |
| 177 | Somalia | 24.0(US=100) |
| 178 | Syrian Arab Republic | 24.0(US=100) |
| 179 | Venezuela | 14.0(US=100) |
Showing 179 of 179 countries
Topics
Data Source
This data comes from World Bank (ICP / WDI) (2023).
View Original Source