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This really depends on what you are tracking as a conversion, but I’ll assume you’re asking about leads or transactions. (It depends on how “early” the conversion is. You will get a higher conversion rate if you measure an earlier interaction like an add-to-cart instead of a purchase).
According to Wordstream, the average landing page conversion rate across all industries is 2.35% and the top 25% landing pages are converting at 5.31% or higher. The same study suggested that only 10% of landing pages have average conversion rates of 11.45% or more.
To be honest though, I don’t find any of this aggregate data to be terribly helpful when it comes to measuring any particular website’s conversion rate, or Google Ads conversion rate, because the “average” results may not be at all relevant in your case.
Instead, look at the distribution of conversion rates across all of your own landing pages, even if you’re not currently promoting them through Google. Then continually try to make your conversion rate through Google Ads better than your own average, by seeking out more relevant keywords, demographics and audiences.
This tip and many others are found at https://www.petramanos.com/category/tips/