List of countries by price level

Last updated

The list of countries by price level contains shows countries by their price level index. The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. It's measured using Purchasing Power Parities (PPPs), which help us understand how much money is needed to buy the same things in different places. Price level indexes (PLIs), with the world average set at 100, are calculated by dividing the purchasing power parities (PPPs), where 1 PPP equals 1 US dollar in the US, by the market exchange rates, also equated to 1 US dollar. These ratios are then adjusted to align with the global average, which is standardized at 100. When the PLI exceeds 100, it signifies that the prices in that economy are above the global average. Conversely, a PLI below 100 suggests that the prices are below the world average. [1]

Contents

List

Countries by global price level (World average=100)
RankCounty/TerritoryGlobal price level
(% of world average) [2]
Year
1Flag of Bermuda.svg  Bermuda 193.52021
2Flag of Barbados.svg  Barbados 188.92021
3Flag of the Cayman Islands.svg  Cayman Islands 184.72021
4Flag of Switzerland (Pantone).svg  Switzerland 181.42021
5Flag of Israel.svg  Israel 179.12021
6Flag of Iceland.svg  Iceland 177.12021
7Flag of the Turks and Caicos Islands.svg  Turks and Caicos Islands 172.82021
8Flag of Australia (converted).svg  Australia 168.62021
9Flag of Norway.svg  Norway 165.32021
10Flag of New Zealand.svg  New Zealand 163.22021
11Flag of the Faroe Islands.svg  Faroe Islands 160.72021
12Flag of the United States (23px).png  United States 158.52021
13Flag of Denmark.svg  Denmark 157.02021
14Flag of the Bahamas.svg  Bahamas 154.92021
15Flag of Luxembourg.svg  Luxembourg 153.62021
16Flag of Sweden.svg  Sweden 153.52021
17Flag of Canada (Pantone).svg  Canada 149.12021
18Flag of Finland.svg  Finland 146.72021
19Flag of the United States Virgin Islands.svg  US Virgin Islands 143.82021
20Flag of Japan.svg  Japan 142.52021
21Flag of Ireland.svg  Ireland 141.62021
22Flag of the United Kingdom.svg  United Kingdom 140.52021
23Flag of the Netherlands.svg  Netherlands 137.52021
24Flag of Austria.svg  Austria 133.72021
25Flag of Greenland.svg  Greenland 132.92021
26Flag of San Marino.svg  San Marino 132.62021
27Flag of Belgium (civil).svg  Belgium 132.32021
28Flag of Germany.svg  Germany 131.62021
29Flag of France.svg  France 128.52021
30Flag of Puerto Rico.svg  Puerto Rico 127.52021
31Flag of Anguilla.svg  Anguilla 123.02021
32Flag of Aruba.svg  Aruba 120.62021
33Flag of Hong Kong.svg  Hong Kong 119.72021
34Flag of Italy.svg  Italy 115.72021
35Flag of South Korea.svg  South Korea 114.62021
36Flag of Curacao.svg  Curacao 113.92021
37Flag of Andorra.svg  Andorra 113.32021
38Flag of Spain.svg  Spain 110.72021
39Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis 108.22021
40Flag of Cyprus.svg  Cyprus 107.02021
41Flag of Kuwait.svg  Kuwait 106.32021
42Flag of Antigua and Barbuda.svg  Antigua and Barbuda 106.12021
43Flag of Malta.svg  Malta 103.52021
44Flag of Palestine.svg  Palestine 102.92021
45Flag of Uruguay.svg  Uruguay 102.32021
46Flag of the United Arab Emirates.svg  United Arab Emirates 101.92021
47Flag of Grenada.svg  Grenada 100.82021
48Flag of Portugal.svg  Portugal 100.82021
49Flag of Slovenia.svg  Slovenia 99.92021
50Flag of the People's Republic of China.svg  China 97.92021
51Flag of Greece.svg  Greece 97.52021
52Flag of Qatar.svg  Qatar 97.02021
53Flag of Macau.svg  Macao 96.92021
54Flag of Singapore.svg  Singapore 95.62021
55Flag of Trinidad and Tobago.svg  Trinidad and Tobago 92.12021
56Flag of Slovakia.svg  Slovakia 91.32021
57Flag of Latvia.svg  Latvia 90.22021
58Flag of Chile.svg  Chile 88.32021
59Flag of the Czech Republic.svg  Czech Republic 87.82021
60Flag of Saint Lucia.svg  Saint Lucia 86.82021
61Flag of Zimbabwe.svg  Zimbabwe 85.82021
62Flag of Maldives.svg  Maldives 84.62021
63Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines 84.52021
64Flag of Haiti.svg  Haiti 84.42021
65Flag of Costa Rica.svg  Costa Rica 84.32021
66Flag of Dominica.svg  Dominica 84.02021
67Flag of Jamaica.svg  Jamaica 83.92021
68Flag of Belize.svg  Belize 83.92021
69Flag of Albania.svg  Albania 82.12021
70Flag of Cape Verde.svg  Cape Verde 81.92021
71Flag of Lithuania.svg  Lithuania 81.42021
Flag of the Republic of China.svg  Taiwan 81.42021
73Flag of Saudi Arabia.svg  Saudi Arabia 80.72021
74Flag of Djibouti.svg  Djibouti 80.42021
75Flag of Panama.svg  Panama 79.42021
76Flag of Oman.svg  Oman 79.32021
77Flag of Seychelles.svg  Seychelles 79.22021
78Flag of South Africa.svg  South Africa 79.12021
79Flag of Bahrain.svg  Bahrain 78.32021
80Flag of Mexico.svg  Mexico 77.72021
81Flag of Hungary.svg  Hungary 76.92021
82Flag of Croatia.svg  Croatia 76.42021
83Flag of the Comoros.svg  Comoros 72.92021
84Flag of Jordan.svg  Jordan 72.42021
85Flag of Namibia.svg  Namibia 72.02021
86Flag of Ecuador.svg  Ecuador 71.12021
87Flag of Peru.svg  Peru 70.82021
88Flag of Poland.svg  Poland 70.72021
89Flag of Gabon.svg  Gabon 70.02021
90Flag of Brazil.svg  Brazil 69.82021
91Flag of Fiji.svg  Fiji 69.62021
Flag of Honduras.svg  Honduras 69.62021
Flag of Morocco.svg  Morocco 69.62021
94Flag of the Central African Republic.svg  Central African Republic 69.12021
Flag of Liberia 23px.svg  Liberia 69.12021
96Flag of Botswana.svg  Botswana 68.92021
97Flag of Guyana.svg  Guyana 68.32021
98Flag of El Salvador.svg  El Salvador 68.12021
99Flag of Turkmenistan.svg  Turkmenistan 68.02021
100Flag of the Democratic Republic of the Congo.svg  Democratic Republic of the Congo 67.32021
101Flag of Lesotho.svg  Lesotho 66.42021
102Flag of Bulgaria.svg  Bulgaria 65.82021
Flag of Sao Tome and Principe.svg  São Tomé and Príncipe 65.82021
104Flag of Guatemala.svg  Guatemala 65.72021
105Flag of South Sudan.svg  South Sudan 65.62021
106Flag of Equatorial Guinea.svg  Equatorial Guinea 65.42021
107Flag of Serbia.svg  Serbia 64.82021
108Flag of Cote d'Ivoire.svg  Ivory Coast 64.42021
109Flag of the Republic of the Congo.svg  Republic of the Congo 63.72021
110Flag of Argentina.svg  Argentina 63.22021
111Flag of Eswatini.svg  Eswatini 63.22021
Flag of Mauritius.svg  Mauritius 63.22021
113Flag of Brunei.svg  Brunei 62.82021
114Flag of Somalia.svg  Somalia 62.52021
115Flag of Romania.svg  Romania 62.42021
116Flag of Bosnia and Herzegovina.svg  Bosnia and Herzegovina 62.32021
Flag of the Philippines.svg  Philippines 62.32021
Flag of East Timor.svg  Timor-Leste 62.32021
119Flag of Paraguay.svg  Paraguay 62.22021
120Flag of Libya.svg  Libya 61.92021
121Flag of Chad.svg  Chad 61.62021
122Flag of the Dominican Republic.svg  Dominican Republic 61.32021
123Flag of Kenya.svg  Kenya 61.22021
Flag of Montenegro.svg  Montenegro 61.22021
125Flag of Niger.svg  Niger 60.82021
126Flag of Senegal.svg  Senegal 60.72021
127Flag of Benin.svg  Benin 60.32021
128Flag of Iraq.svg  Iraq 59.72021
129Flag of Ghana.svg  Ghana 58.62021
130Flag of Malawi.svg  Malawi 58.42021
131Flag of Guinea-Bissau.svg  Guinea-Bissau 58.22021
Flag of Mali.svg  Mali 58.22021
133Flag of Lebanon.svg  Lebanon 58.02021
Flag of Nigeria.svg  Nigeria 58.02021
135Flag of Malaysia 23px.svg  Malaysia 57.92021
136Flag of Togo (3-2).svg  Togo 57.82021
137Flag of Burkina Faso.svg  Burkina Faso 57.12021
138Flag of Bolivia.svg  Bolivia 56.42021
139Flag of Colombia.svg  Colombia 55.72021
140Flag of Mozambique.svg  Mozambique 55.42021
141Flag of Cameroon.svg  Cameroon 55.32021
142Flag of Cambodia.svg  Cambodia 55.22021
Flag of Thailand.svg  Thailand 55.22021
144Flag of North Macedonia.svg  North Macedonia 54.02021
145Flag of Moldova.svg  Moldova 53.32021
Flag of Indonesia.svg  Indonesia 53.32021
147Flag of Uganda.svg  Uganda 53.12021
148Flag of Mauritania.svg  Mauritania 52.92021
149Flag of Bangladesh.svg  Bangladesh 52.72021
150Flag of Tanzania.svg  Tanzania 52.62021
151Flag of Sierra Leone.svg  Sierra Leone 52.32021
152Flag of Eritrea.svg  Eritrea 51.92021
153Flag of Russia.svg  Russia 51.02021
Flag of Zambia.svg  Zambia 51.02021
155Flag of Guinea.svg  Guinea 50.62021
156Flag of Tunisia.svg  Tunisia 49.72021
157Flag of Laos.svg  Laos 49.52021
158Flag of Burundi.svg  Burundi 48.92021
159Flag of Vietnam.svg  Vietnam 48.72021
160Flag of Madagascar.svg  Madagascar 48.62021
Flag of Turkey.svg  Turkey 48.62021
162Flag of Mongolia.svg  Mongolia 48.42021
163Flag of Rwanda.svg  Rwanda 48.12021
164Flag of Kazakhstan.svg  Kazakhstan 48.02021
165Flag of Nicaragua.svg  Nicaragua 47.52021
166Flag of Armenia.svg  Armenia 46.62021
167Flag of Algeria.svg  Algeria 45.52021
168Flag of The Gambia.svg  Gambia 45.42021
169Flag of Ethiopia.svg  Ethiopia 44.82021
170Flag of India.svg  India 44.42021
171Flag of Sri Lanka.svg  Sri Lanka 44.22021
172Flag of Angola.svg  Angola 43.72021
173Flag of Nepal.svg  Nepal 43.62021
174Flag of Belarus.svg  Belarus 43.02021
175Flag of Iran.svg  Iran 43.02021
176Flag of Azerbaijan.svg  Azerbaijan 42.62021
177Flag of Georgia.svg  Georgia 42.52021
178Flag of Ukraine.svg  Ukraine 42.42021
179Flag of Pakistan.svg  Pakistan 42.32021
180Flag of Bhutan.svg  Bhutan 42.02021
181Flag of Suriname.svg  Suriname 41.52021
182Flag of Egypt.svg  Egypt 39.02021
183Flag of Uzbekistan.svg  Uzbekistan 38.72021
184Flag of Myanmar.svg  Myanmar 38.02021
185Flag of Kyrgyzstan (2023).svg  Kyrgyzstan 37.32021
186Flag of Sudan.svg  Sudan 36.62021
187Flag of Tajikistan.svg  Tajikistan 35.62021
188Flag of Syria.svg  Syria 30.72021
189Flag of the Taliban.svg  Afghanistan 26.42021

See also

Related Research Articles

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References

  1. "How does the ICP measure price levels across the world?". World Bank Blogs. Retrieved 2024-06-02.
  2. "International Comparison Program (ICP) - Data". World Bank. Retrieved 2024-06-02.