Consumer price inflation in Iceland
Consumer prices in Iceland changed by 4.1% in 2025.
Iceland, 2025
4.1%
Change from 2024
−1.8percentage points
World, 2025
3.0%
Median of OECD (38 countries), 2025
2.8%
Position in 2025
47th of 169
Consumer price inflation in Iceland over time
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Iceland
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Annual % change. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | World |
|---|---|---|
| 2025 | 4.1% | 3.0% |
| 2024 | 5.9% | 3.0% |
| 2023 | 8.7% | 5.7% |
| 2022 | 8.3% | 8.0% |
| 2021 | 4.4% | 3.5% |
| 2020 | 2.8% | 1.9% |
| 2019 | 3.0% | 2.2% |
| 2018 | 2.7% | 2.5% |
| 2017 | 1.8% | 2.3% |
| 2016 | 1.7% | 1.6% |
| 2015 | 1.6% | 1.4% |
| 2014 | 2.0% | 2.4% |
| 2013 | 3.9% | 2.6% |
| 2012 | 5.2% | 3.7% |
| 2011 | 4.0% | 4.8% |
| 2010 | 5.4% | 3.3% |
| 2009 | 12.0% | 2.9% |
| 2008 | 12.7% | 8.9% |
| 2007 | 5.1% | 4.8% |
| 2006 | 6.7% | 4.3% |
| 2005 | 4.0% | 4.1% |
| 2004 | 3.2% | 3.5% |
| 2003 | 2.1% | 3.0% |
| 2002 | 5.2% | 2.9% |
| 2001 | 6.4% | 3.8% |
A dash means no value was published for that period.
In short
- That is a change of −1.8 percentage points from 5.9% in 2024.
- Since 2015, when it was 1.6%, the figure has changed by +2.5 percentage points.
- Among the 169 countries with data for 2025, Iceland has the 47th highest value.
- The figure for the world in 2025 was 3.0%.
More for Iceland
All statistics for Iceland
HICP inflation
3.7%
2025 · Eurostat
Inflation measured by the GDP deflator
6.9%
2025 · World Bank
HICP price index
132.22 (2015 = 100)
2025 · Eurostat
Monthly HICP inflation
5.4%
September 2026 · Eurostat
Consumer price level index
173 (EU = 100)
2024 · Eurostat
Food price inflation (HICP)
5.3%
2025 · Eurostat