Guatemala
Compared with Iceland, using real observed prices.
Baseline: 
Iceland = 1×
Guatemala
vs
Iceland
Overall verdict
Guatemala is about 1.14× Iceland.
Average across 2 categories, 4 items with data
The shape of prices (vs Iceland = 1×)
How to read this
The centre line is Iceland. A bar running right means Guatemala is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than Iceland
Iceland = 1×
Guatemala is pricier →
Iceland
Iceland = 1×
Guatemala is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Guatemala, Electricity 1kWh (household) costs 1.7× what it does in Iceland — but Diesel 1L costs only 0.7×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×1.67Guatemala
ISK 37
USD 0.299Iceland
ISK 22
USD 0.179
-
Gasoline 1L 1 L ×0.81Guatemala
ISK 178
USD 1.407Iceland
ISK 218
USD 1.727
-
Diesel 1L 1 L ×0.75Guatemala
ISK 178
USD 1.406Iceland
ISK 237
USD 1.878
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+27%
in GTQ
26 → 33
26 → 33
vs
At today's rateUsing today's exchange rate
+32%
in ISK
It rose 27% in local currency, but 32% in yours. Most of what you feel is the exchange rate, not Guatemala's inflation.
United States
United Kingdom
India
Canada
Australia
Germany