Pakistan
Compared with Iceland, using real observed prices.
Baseline: Iceland = 1×
Overall verdict
Pakistan is about 0.49×
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 Pakistan 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×
Pakistan is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Pakistan, Diesel 1L costs 0.7× what it does in Iceland — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×0.68
Pakistan ISK 161 USD 1.275
Iceland ISK 237 USD 1.878
-
Gasoline 1L 1 L ×0.66
Pakistan ISK 144 USD 1.138
Iceland ISK 218 USD 1.727
-
Electricity 1kWh (household) 1 kWh ×0.35
Pakistan ISK 8 USD 0.063
Iceland ISK 22 USD 0.179
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+86%
in PKR
580 → 1080
580 → 1080
vs
At today's rateUsing today's exchange rate
+11%
in ISK
It rose 86% in local currency, but 11% in yours. Most of what you feel is the exchange rate, not Pakistan's inflation.