List of countries by price level

Last updated

The list of countries by price level 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

List of countries by global price level as % of world average (2021) [2]
Country / territoryPrice level
Flag of Bermuda.svg  Bermuda 193.5
Flag of Barbados.svg  Barbados 188.9
Flag of the Cayman Islands.svg  Cayman Islands 184.7
Flag of Switzerland (Pantone).svg  Switzerland 181.4
Flag of Israel.svg  Israel 179.1
Flag of Iceland.svg  Iceland 177.1
Flag of the Turks and Caicos Islands.svg Turks and Caicos Islands 172.8
Flag of Australia (converted).svg  Australia 168.6
Flag of Norway.svg  Norway 165.3
Flag of New Zealand.svg  New Zealand 163.2
Flag of the Faroe Islands.svg  Faroe Islands 160.7
Flag of the United States (23px).png  United States 158.5
Flag of Denmark.svg  Denmark 157.0
Flag of the Bahamas.svg  Bahamas 154.9
Flag of Luxembourg.svg  Luxembourg 153.6
Flag of Sweden.svg  Sweden 153.5
Flag of Canada (Pantone).svg  Canada 149.1
Flag of Finland.svg  Finland 146.7
Flag of the United States Virgin Islands.svg US Virgin Islands 143.8
Flag of Japan.svg  Japan 142.5
Flag of Ireland.svg  Ireland 141.6
Flag of the United Kingdom.svg  United Kingdom 140.5
Flag of the Netherlands.svg  Netherlands 137.5
Flag of Austria.svg  Austria 133.7
Flag of Greenland.svg  Greenland 132.9
Flag of San Marino.svg  San Marino 132.6
Flag of Belgium (civil).svg  Belgium 132.3
Flag of Germany.svg  Germany 131.6
Flag of France.svg  France 128.5
Flag of Puerto Rico.svg Puerto Rico 127.5
Flag of Anguilla.svg Anguilla 123.0
Flag of Aruba.svg Aruba 120.6
Flag of Hong Kong.svg Hong Kong 119.7
Flag of Italy.svg  Italy 115.7
Flag of South Korea.svg  South Korea 114.6
Flag of Curacao.svg Curacao 113.9
Flag of Andorra.svg  Andorra 113.3
Flag of Spain.svg  Spain 110.7
Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis 108.2
Flag of Cyprus.svg  Cyprus 107.0
Flag of Kuwait.svg  Kuwait 106.3
Flag of Antigua and Barbuda.svg  Antigua and Barbuda 106.1
Flag of Malta.svg  Malta 103.5
Flag of Palestine.svg  Palestine 102.9
Flag of Uruguay.svg  Uruguay 102.3
Flag of the United Arab Emirates.svg  United Arab Emirates 101.9
Flag of Grenada.svg  Grenada 100.8
Flag of Portugal (official).svg  Portugal 100.8
Flag of Slovenia.svg  Slovenia 99.9
Flag of the People's Republic of China.svg  China 97.9
Flag of Greece.svg  Greece 97.5
Flag of Qatar.svg  Qatar 97.0
Flag of Macau.svg Macao 96.9
Flag of Singapore.svg  Singapore 95.6
Flag of Trinidad and Tobago.svg  Trinidad and Tobago 92.1
Flag of Slovakia.svg  Slovakia 91.3
Flag of Latvia.svg  Latvia 90.2
Flag of Chile.svg  Chile 88.3
Flag of the Czech Republic.svg  Czech Republic 87.8
Flag of Saint Lucia.svg  Saint Lucia 86.8
Flag of Zimbabwe.svg  Zimbabwe 85.8
Flag of Maldives.svg  Maldives 84.6
Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines 84.5
Flag of Haiti.svg  Haiti 84.4
Flag of Costa Rica.svg  Costa Rica 84.3
Flag of Dominica.svg  Dominica 84.0
Flag of Jamaica.svg  Jamaica 83.9
Flag of Belize.svg  Belize 83.9
Flag of Albania.svg  Albania 82.1
Flag of Cape Verde.svg  Cape Verde 81.9
Flag of Lithuania.svg  Lithuania 81.4
Flag of the Republic of China.svg  Taiwan 81.4
Flag of Saudi Arabia.svg  Saudi Arabia 80.7
Flag of Djibouti.svg  Djibouti 80.4
Flag of Panama.svg  Panama 79.4
Flag of Oman.svg  Oman 79.3
Flag of Seychelles.svg  Seychelles 79.2
Flag of South Africa.svg  South Africa 79.1
Flag of Bahrain.svg  Bahrain 78.3
Flag of Mexico.svg  Mexico 77.7
Flag of Hungary.svg  Hungary 76.9
Flag of Croatia.svg  Croatia 76.4
Flag of the Comoros.svg  Comoros 72.9
Flag of Jordan.svg  Jordan 72.4
Flag of Namibia.svg  Namibia 72.0
Flag of Ecuador.svg  Ecuador 71.1
Flag of Peru.svg  Peru 70.8
Flag of Poland.svg  Poland 70.7
Flag of Gabon.svg  Gabon 70.0
Flag of Brazil.svg  Brazil 69.8
Flag of Fiji.svg  Fiji 69.6
Flag of Honduras (2022-).svg  Honduras 69.6
Flag of Morocco.svg  Morocco 69.6
Flag of the Central African Republic.svg  Central African Republic 69.1
Flag of Liberia 23px.svg  Liberia 69.1
Flag of Botswana.svg  Botswana 68.9
Flag of Guyana.svg  Guyana 68.3
Flag of El Salvador.svg  El Salvador 68.1
Flag of Turkmenistan.svg  Turkmenistan 68.0
Flag of the Democratic Republic of the Congo.svg  Democratic Republic of the Congo 67.3
Flag of Lesotho.svg  Lesotho 66.4
Flag of Bulgaria.svg  Bulgaria 65.8
Flag of Sao Tome and Principe.svg  São Tomé and Príncipe 65.8
Flag of Guatemala.svg  Guatemala 65.7
Flag of South Sudan.svg  South Sudan 65.6
Flag of Equatorial Guinea.svg  Equatorial Guinea 65.4
Flag of Serbia.svg  Serbia 64.8
Flag of Cote d'Ivoire.svg  Ivory Coast 64.4
Flag of the Republic of the Congo.svg  Republic of the Congo 63.7
Flag of Argentina.svg  Argentina 63.2
Flag of Eswatini.svg  Eswatini 63.2
Flag of Mauritius.svg  Mauritius 63.2
Flag of Brunei.svg  Brunei 62.8
Flag of Somalia.svg  Somalia 62.5
Flag of Romania.svg  Romania 62.4
Flag of Bosnia and Herzegovina.svg  Bosnia and Herzegovina 62.3
Flag of the Philippines.svg  Philippines 62.3
Flag of East Timor.svg  Timor-Leste 62.3
Flag of Paraguay.svg  Paraguay 62.2
Flag of Libya.svg  Libya 61.9
Flag of Chad.svg  Chad 61.6
Flag of the Dominican Republic.svg  Dominican Republic 61.3
Flag of Kenya.svg  Kenya 61.2
Flag of Montenegro.svg  Montenegro 61.2
Flag of Niger.svg  Niger 60.8
Flag of Senegal.svg  Senegal 60.7
Flag of Benin.svg  Benin 60.3
Flag of Iraq.svg  Iraq 59.7
Flag of Ghana.svg  Ghana 58.6
Flag of Malawi.svg  Malawi 58.4
Flag of Guinea-Bissau.svg  Guinea-Bissau 58.2
Flag of Mali.svg  Mali 58.2
Flag of Lebanon.svg  Lebanon 58.0
Flag of Nigeria.svg  Nigeria 58.0
Flag of Malaysia 23px.svg  Malaysia 57.9
Flag of Togo (3-2).svg  Togo 57.8
Flag of Burkina Faso.svg  Burkina Faso 57.1
Flag of Bolivia.svg  Bolivia 56.4
Flag of Colombia.svg  Colombia 55.7
Flag of Mozambique.svg  Mozambique 55.4
Flag of Cameroon.svg  Cameroon 55.3
Flag of Cambodia.svg  Cambodia 55.2
Flag of Thailand.svg  Thailand 55.2
Flag of North Macedonia.svg  North Macedonia 54.0
Flag of Moldova.svg  Moldova 53.3
Flag of Indonesia.svg  Indonesia 53.3
Flag of Uganda.svg  Uganda 53.1
Flag of Mauritania.svg  Mauritania 52.9
Flag of Bangladesh.svg  Bangladesh 52.7
Flag of Tanzania.svg  Tanzania 52.6
Flag of Sierra Leone.svg  Sierra Leone 52.3
Flag of Eritrea.svg  Eritrea 51.9
Flag of Russia.svg  Russia 51.0
Flag of Zambia.svg  Zambia 51.0
Flag of Guinea.svg  Guinea 50.6
Flag of Tunisia.svg  Tunisia 49.7
Flag of Laos.svg  Laos 49.5
Flag of Burundi.svg  Burundi 48.9
Flag of Vietnam.svg  Vietnam 48.7
Flag of Madagascar.svg  Madagascar 48.6
Flag of Turkey.svg  Turkey 48.6
Flag of Mongolia.svg  Mongolia 48.4
Flag of Rwanda.svg  Rwanda 48.1
Flag of Kazakhstan.svg  Kazakhstan 48.0
Flag of Nicaragua.svg  Nicaragua 47.5
Flag of Armenia.svg  Armenia 46.6
Flag of Algeria.svg  Algeria 45.5
Flag of The Gambia.svg  Gambia 45.4
Flag of Ethiopia.svg  Ethiopia 44.8
Flag of India.svg  India 44.4
Flag of Sri Lanka.svg  Sri Lanka 44.2
Flag of Angola.svg  Angola 43.7
Flag of Nepal.svg  Nepal 43.6
Flag of Belarus.svg  Belarus 43.0
Flag of Iran.svg  Iran 43.0
Flag of Azerbaijan.svg  Azerbaijan 42.6
Flag of Georgia.svg  Georgia 42.5
Flag of Ukraine.svg  Ukraine 42.4
Flag of Pakistan.svg  Pakistan 42.3
Flag of Bhutan.svg  Bhutan 42.0
Flag of Suriname.svg  Suriname 41.5
Flag of Egypt.svg  Egypt 39.0
Flag of Uzbekistan.svg  Uzbekistan 38.7
Flag of Myanmar.svg  Myanmar 38.0
Flag of Kyrgyzstan.svg  Kyrgyzstan 37.3
Flag of Sudan.svg  Sudan 36.6
Flag of Tajikistan.svg  Tajikistan 35.6
Flag of Syria (2025-).svg  Syria 30.7
Flag of the Taliban.svg  Afghanistan 26.4

See also

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.