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Consumer price level index in Iceland

Consumer prices in Iceland stood at 173 (EU = 100) in 2024.

Price level of household consumption (EU = 100) Index, EU27 (from 2020) = 100 Data: 1995 to 2024 Source: Eurostat

Iceland, 2024 173 Index, EU27 (from 2020) = 100

Change from 2023 +5points 2023: 168 (EU = 100)

European Union, 2024 100 (EU = 100) Official aggregate

Median of OECD (38 countries), 2024 108 (EU = 100) Middle value of 29 countries

Position in 2024 2nd of 39 See the full ranking

Consumer price level index in Iceland over time

From

To

Iceland European Union ×

The chart loads when you scroll to it. The table below shows the same data.

Index, EU27 (from 2020) = 100. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Price level of household consumption (EU = 100) (index, EU27 (from 2020) = 100), 2000 to 2024
Period	Iceland	European Union
2024	173 (EU = 100)	100 (EU = 100)
2023	168 (EU = 100)	100 (EU = 100)
2022	174 (EU = 100)	100 (EU = 100)
2021	160 (EU = 100)	100 (EU = 100)
2020	153 (EU = 100)	100 (EU = 100)
2019	171 (EU = 100)	100 (EU = 100)
2018	179 (EU = 100)	100 (EU = 100)
2017	182 (EU = 100)	100 (EU = 100)
2016	163 (EU = 100)	100 (EU = 100)
2015	141 (EU = 100)	100 (EU = 100)
2014	129 (EU = 100)	100 (EU = 100)
2013	119 (EU = 100)	100 (EU = 100)
2012	115 (EU = 100)	100 (EU = 100)
2011	112 (EU = 100)	100 (EU = 100)
2010	110 (EU = 100)	100 (EU = 100)
2009	96 (EU = 100)	100 (EU = 100)
2008	103 (EU = 100)	100 (EU = 100)
2007	152 (EU = 100)	100 (EU = 100)
2006	147 (EU = 100)	100 (EU = 100)
2005	157 (EU = 100)	100 (EU = 100)
2004	141 (EU = 100)	100 (EU = 100)
2003	140 (EU = 100)	100 (EU = 100)
2002	139 (EU = 100)	100 (EU = 100)
2001	130 (EU = 100)	100 (EU = 100)
2000	147 (EU = 100)	100 (EU = 100)

A dash means no value was published for that period.

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In short

That is a change of +5 points from 168 (EU = 100) in 2023.
Since 2014, when it was 129 (EU = 100), the figure has changed by +44 points.
Among the 39 countries with data for 2024, Iceland has the 2nd highest value.
The figure for the European Union in 2024 was 100 (EU = 100).

More for Iceland

All statistics for Iceland

GDP per capita in PPS 132 (EU = 100) 2024 · Eurostat HICP inflation 3.7% 2025 · Eurostat HICP price index 132.22 (2015 = 100) 2025 · Eurostat Monthly HICP inflation 5.4% September 2026 · Eurostat Food price inflation (HICP) 5.3% 2025 · Eurostat Energy price inflation (HICP) 2.7% 2025 · Eurostat

Source and dates

Original producer: Eurostat
Source: Eurostat, the statistical office of the European Union
Dataset or series code: prc_ppp_ind · dataset details · view at source
Selection: freq=A na_item=PLI_EU27_2020 ppp_cat=A01
Observation period: 1995 to 2024 for Iceland
Provider update: 10 July 2025
Retrieved: 9 November 2026
Published here: 9 November 2026
Licence: Eurostat reuse policy (attribution)
Attribution: Source: Eurostat

How Iceland compares in 2024 Neighbouring positions among 39 countries with a value for 2024.

1 Switzerland 184 (EU = 100)
2 Iceland 173 (EU = 100)
3 Luxembourg 151 (EU = 100)
4 United States 149 (EU = 100)
5 Denmark 143 (EU = 100)
6 Ireland 141 (EU = 100)
7 Norway 134 (EU = 100)

See all countries

What this measures

Price level index for actual individual consumption, comparing the cost of the same basket of consumer goods and services between countries, with the EU average set to 100. A value above 100 means the country is more expensive than the EU average.

Population covered: Household and government individual consumption

Full source details and dates

CSV for Iceland

The link always shows the latest published figures.