Annual Purchasing Power Parities and exchange rates — Purchasing in Iceland

Iceland: Annual Purchasing Power Parities and exchange rates — Purchasing was 164.02 National currency per US dollar in 2025. ◆ Volatile

Latest (2025)
164.02 National currency per US dollar
Change on year
up 5.8%
World rank
8th
of 51 countries
All-time high
164.02 National currency per US dollar
in 2025
All-time low
0.6365 National currency per US dollar
in 1970
Years of data
56
1970–2025

Annual Purchasing Power Parities and exchange rates — Purchasing in Iceland, 1970–2025

050100150197019972025

Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.

Analysis

Iceland recorded 164.02 National currency per US dollar for annual purchasing power parities and exchange rates — purchasing in 2025. That is the highest value across all 56 years on record.

Compared with earlier readings it is up 5.8% on the previous year and up 8.6% over ten years.

Over the whole period, annual purchasing power parities and exchange rates — purchasing in Iceland peaked at 164.02 National currency per US dollar in 2025 and was at its lowest, 0.6365 National currency per US dollar, in 1970.

Iceland ranks 8th of 51 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.7 National currency per US dollar 0.6365 National currency per US dollar 4.14 National currency per US dollar 10
1980s 30.38 National currency per US dollar 5.81 National currency per US dollar 64.05 National currency per US dollar 10
1990s 75.25 National currency per US dollar 69.92 National currency per US dollar 80.48 National currency per US dollar 10
2000s 100.33 National currency per US dollar 84.44 National currency per US dollar 128.6 National currency per US dollar 10
2010s 147.46 National currency per US dollar 135.47 National currency per US dollar 159.5 National currency per US dollar 10
2020s 154.62 National currency per US dollar 150.16 National currency per US dollar 164.02 National currency per US dollar 6

Countries ranked near Iceland

  1. 5 Senegal 208.99 National currency per US dollar compare
  2. 6 Cameroon 181.9 National currency per US dollar compare
  3. 7 Hungary 175.69 National currency per US dollar compare
  4. 9 Japan 92.6 National currency per US dollar compare
  5. 10 Serbia 45.23 National currency per US dollar compare
  6. 11 Albania 39.69 National currency per US dollar compare

See the full ranking of 67 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is annual purchasing power parities and exchange rates — purchasing in Iceland?
Annual purchasing power parities and exchange rates — purchasing in Iceland was 164.02 National currency per US dollar in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Iceland?
The highest recorded value was 164.02 National currency per US dollar in 2025.
What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Iceland?
The lowest recorded value was 0.6365 National currency per US dollar in 1970.
How does Iceland rank for annual purchasing power parities and exchange rates — purchasing?
Iceland ranks 8th out of 51 countries with data for 2025.
Is annual purchasing power parities and exchange rates — purchasing rising or falling in Iceland?
Over the last ten years it is up 8.6%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for actual individual consumption. Statizoid updates them automatically from the source API.

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Annual Purchasing Power Parities and exchange rates — Purchasing in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/annual-purchasing-power-parities-and-exchange-rates-purchasing-power-parities-for-actual/iceland/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for actual individual consumption
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
67 places, 2,283 data points, 1970–2025
Last refreshed

This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org