Energy price inflation (HICP) in Iceland

Energy prices for households in Iceland changed by 2.7% in 2025.

Measure: Energy price inflation (HICP) Unit: Annual average rate of change, % Data: 1997 to 2025 Source: Eurostat
Iceland, 2025 2.7% Annual average rate of change, %
Change from 2024 +0.3percentage points 2024: 2.4%
European Union, 2025 -0.6% Official aggregate
Median of OECD (38 countries), 2025 -0.2% Middle value of 26 countries
Position in 2025 7th of 36 See the full ranking

Energy price inflation (HICP) in Iceland over time

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Iceland European Union ×

Annual average rate of change, %. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Energy price inflation (HICP) (annual average rate of change, %), 2001 to 2025
Period IcelandEuropean Union
2025 2.7% -0.6%
2024 2.4% -1.6%
2023 3.5% 0.0%
2022 20.0% 35.2%
2021 7.2% 12.6%
2020 -2.4% -6.1%
2019 2.9% 1.2%
2018 6.2% 6.2%
2017 2.3% 4.4%
2016 -3.6% -4.7%
2015 -6.7% -6.4%
2014 -1.5% -1.9%
2013 -0.1% 0.3%
2012 8.7% 7.5%
2011 17.2% 11.2%
2010 15.7% 7.4%
2009 8.2% -5.7%
2008 22.6% 10.3%
2007 2.6% 3.0%
2006 7.4% 7.7%
2005 5.8% 9.7%
2004 7.4% 5.3%
2003 2.0% 4.1%
2002 -2.1% 1.8%
2001 4.0% 3.6%

A dash means no value was published for that period.

In short

  • That is a change of +0.3 percentage points from 2.4% in 2024.
  • Since 2015, when it was -6.7%, the figure has changed by +9.4 percentage points.
  • Among the 36 countries with data for 2025, Iceland has the 7th highest value.
  • The figure for the European Union in 2025 was -0.6%.

Source and dates

Original producer
Eurostat
Source
Eurostat, the statistical office of the European Union
Dataset or series code
prc_hicp_ainr · dataset details · view at source
Selection
freq=A unit=RCH_A_AVG coicop18=NRG
Observation period
1997 to 2025 for Iceland
Provider update
17 September 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
Eurostat reuse policy (attribution)
Attribution
Source: Eurostat