Consumer price index in Iceland
Iceland: Consumer price index was 179.82 2010 = 100 in 2025. ◆ Volatile
Consumer price index in Iceland, 1960–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in 2010 = 100.
Analysis
In 2025, consumer price index in Iceland stood at 179.82 2010 = 100. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 52.6% over ten years.
Over the whole period, consumer price index in Iceland peaked at 179.82 2010 = 100 in 2025 and was at its lowest, 0.0416 2010 = 100, in 1960.
That places Iceland 74th out of 189 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Consumer price index in Iceland, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1960 | 0.0416 2010 = 100 | — |
| 1961 | 0.0436 2010 = 100 | +4.7% |
| 1962 | 0.0484 2010 = 100 | +11.0% |
| 1963 | 0.0546 2010 = 100 | +12.9% |
| 1964 | 0.0651 2010 = 100 | +19.2% |
| 1965 | 0.0699 2010 = 100 | +7.3% |
| 1966 | 0.0774 2010 = 100 | +10.7% |
| 1967 | 0.0799 2010 = 100 | +3.3% |
| 1968 | 0.092 2010 = 100 | +15.1% |
| 1969 | 0.112 2010 = 100 | +21.7% |
| 1970 | 0.127 2010 = 100 | +13.4% |
| 1971 | 0.1356 2010 = 100 | +6.7% |
| 1972 | 0.1489 2010 = 100 | +9.8% |
| 1973 | 0.1806 2010 = 100 | +21.4% |
| 1974 | 0.2574 2010 = 100 | +42.5% |
| 1975 | 0.3845 2010 = 100 | +49.4% |
| 1976 | 0.5074 2010 = 100 | +31.9% |
| 1977 | 0.6612 2010 = 100 | +30.3% |
| 1978 | 0.9504 2010 = 100 | +43.7% |
| 1979 | 1.37 2010 = 100 | +44.4% |
| 1980 | 2.18 2010 = 100 | +58.5% |
| 1981 | 3.3 2010 = 100 | +51.8% |
| 1982 | 4.96 2010 = 100 | +50.2% |
| 1983 | 9.13 2010 = 100 | +83.9% |
| 1984 | 11.95 2010 = 100 | +30.9% |
| 1985 | 15.77 2010 = 100 | +32.0% |
| 1986 | 19.26 2010 = 100 | +22.1% |
| 1987 | 22.78 2010 = 100 | +18.3% |
| 1988 | 28.64 2010 = 100 | +25.7% |
| 1989 | 34.59 2010 = 100 | +20.8% |
| 1990 | 39.95 2010 = 100 | +15.5% |
| 1991 | 42.67 2010 = 100 | +6.8% |
| 1992 | 44.36 2010 = 100 | +3.9% |
| 1993 | 46.15 2010 = 100 | +4.0% |
| 1994 | 46.87 2010 = 100 | +1.6% |
| 1995 | 47.64 2010 = 100 | +1.7% |
| 1996 | 48.72 2010 = 100 | +2.3% |
| 1997 | 49.61 2010 = 100 | +1.8% |
| 1998 | 50.43 2010 = 100 | +1.7% |
| 1999 | 52.06 2010 = 100 | +3.2% |
| 2000 | 54.73 2010 = 100 | +5.1% |
| 2001 | 58.24 2010 = 100 | +6.4% |
| 2002 | 61.26 2010 = 100 | +5.2% |
| 2003 | 62.52 2010 = 100 | +2.1% |
| 2004 | 64.5 2010 = 100 | +3.2% |
| 2005 | 67.07 2010 = 100 | +4.0% |
| 2006 | 71.55 2010 = 100 | +6.7% |
| 2007 | 75.17 2010 = 100 | +5.1% |
| 2008 | 84.71 2010 = 100 | +12.7% |
| 2009 | 94.88 2010 = 100 | +12.0% |
| 2010 | 100 2010 = 100 | +5.4% |
| 2011 | 104 2010 = 100 | +4.0% |
| 2012 | 109.39 2010 = 100 | +5.2% |
| 2013 | 113.63 2010 = 100 | +3.9% |
| 2014 | 115.95 2010 = 100 | +2.0% |
| 2015 | 117.85 2010 = 100 | +1.6% |
| 2016 | 119.85 2010 = 100 | +1.7% |
| 2017 | 121.96 2010 = 100 | +1.8% |
| 2018 | 125.23 2010 = 100 | +2.7% |
| 2019 | 129 2010 = 100 | +3.0% |
| 2020 | 132.68 2010 = 100 | +2.8% |
| 2021 | 138.57 2010 = 100 | +4.4% |
| 2022 | 150.09 2010 = 100 | +8.3% |
| 2023 | 163.2 2010 = 100 | +8.7% |
| 2024 | 172.76 2010 = 100 | +5.9% |
| 2025 | 179.82 2010 = 100 | +4.1% |
Iceland compared with similar countries
- Iceland's 179.82 2010 = 100 is above the median for high income countries, which is 138.56 2010 = 100, 1.3× the median. (67 countries reporting)
- Iceland's 179.82 2010 = 100 is above the median for Europe & Central Asia, which is 155.28 2010 = 100, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Consumer price index in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +83.9% | 4.96 2010 = 100 | 9.13 2010 = 100 |
| 1980 | +58.5% | 1.37 2010 = 100 | 2.18 2010 = 100 |
| 1981 | +51.8% | 2.18 2010 = 100 | 3.3 2010 = 100 |
| 1982 | +50.2% | 3.3 2010 = 100 | 4.96 2010 = 100 |
| 1975 | +49.4% | 0.2574 2010 = 100 | 0.3845 2010 = 100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0685 2010 = 100 | 0.0416 2010 = 100 | 0.112 2010 = 100 | 10 |
| 1970s | 0.4726 2010 = 100 | 0.127 2010 = 100 | 1.37 2010 = 100 | 10 |
| 1980s | 15.26 2010 = 100 | 2.18 2010 = 100 | 34.59 2010 = 100 | 10 |
| 1990s | 46.85 2010 = 100 | 39.95 2010 = 100 | 52.06 2010 = 100 | 10 |
| 2000s | 69.46 2010 = 100 | 54.73 2010 = 100 | 94.88 2010 = 100 | 10 |
| 2010s | 115.69 2010 = 100 | 100 2010 = 100 | 129 2010 = 100 | 10 |
| 2020s | 156.19 2010 = 100 | 132.68 2010 = 100 | 179.82 2010 = 100 | 6 |
Countries ranked near Iceland
- 71 East Timor 181.88 2010 = 100 compare
- 72 Dominican Republic 181.65 2010 = 100 compare
- 73 Estonia 179.99 2010 = 100 compare
- 75 Central African Republic 179.37 2010 = 100 compare
- 76 Mauritius 176.59 2010 = 100 compare
- 77 Indonesia 176.05 2010 = 100 compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is consumer price index in Iceland?
- Consumer price index in Iceland was 179.82 2010 = 100 in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest consumer price index recorded in Iceland?
- The highest recorded value was 179.82 2010 = 100 in 2025.
- What is the lowest consumer price index recorded in Iceland?
- The lowest recorded value was 0.0416 2010 = 100 in 1960.
- How does Iceland rank for consumer price index?
- Iceland ranks 74th out of 189 countries with data for 2025.
- Is consumer price index rising or falling in Iceland?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Consumer price index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The CPI shows the average price level of goods and services purchased by consumers. This is expressed relative to a base year – in this case 2010. For example, a CPI of 120 means that prices were 20% higher than in 2010.