CPI Price, nominal, annual growth rate in Iceland
Iceland: CPI Price, nominal, annual growth rate was 3.15 % change on previous year in 2026. ◆ Volatile
CPI Price, nominal, annual growth rate in Iceland, 1988–2026
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for cpi price, nominal, annual growth rate in Iceland is 3.15 % change on previous year, measured in 2026.
Compared with earlier readings it is down 23.0% on the previous year and up 85.9% over ten years.
Over the whole period, cpi price, nominal, annual growth rate in Iceland peaked at 25.73 % change on previous year in 1988 and was at its lowest, 1.55 % change on previous year, in 1994.
Iceland ranks 39th of 158 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, nominal, annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 25.73 % change on previous year | — |
| 1989 | 20.76 % change on previous year | -19.3% |
| 1990 | 15.51 % change on previous year | -25.3% |
| 1991 | 6.81 % change on previous year | -56.1% |
| 1992 | 3.96 % change on previous year | -41.9% |
| 1993 | 4.08 % change on previous year | +3.2% |
| 1994 | 1.55 % change on previous year | -62.0% |
| 1995 | 1.65 % change on previous year | +6.5% |
| 1996 | 2.25 % change on previous year | +36.4% |
| 1997 | 1.8 % change on previous year | -20.3% |
| 1998 | 1.71 % change on previous year | -4.9% |
| 1999 | 3.21 % change on previous year | +87.9% |
| 2000 | 5.12 % change on previous year | +59.5% |
| 2001 | 6.4 % change on previous year | +24.8% |
| 2002 | 5.17 % change on previous year | -19.1% |
| 2003 | 2.06 % change on previous year | -60.1% |
| 2004 | 3.15 % change on previous year | +52.6% |
| 2005 | 4 % change on previous year | +26.9% |
| 2006 | 6.67 % change on previous year | +66.8% |
| 2007 | 5.06 % change on previous year | -24.1% |
| 2008 | 12.69 % change on previous year | +150.5% |
| 2009 | 12.01 % change on previous year | -5.4% |
| 2010 | 5.39 % change on previous year | -55.1% |
| 2011 | 3.99 % change on previous year | -26.0% |
| 2012 | 5.2 % change on previous year | +30.2% |
| 2013 | 3.88 % change on previous year | -25.3% |
| 2014 | 2.04 % change on previous year | -47.6% |
| 2015 | 1.63 % change on previous year | -19.8% |
| 2016 | 1.69 % change on previous year | +3.7% |
| 2017 | 1.77 % change on previous year | +4.6% |
| 2018 | 2.68 % change on previous year | +51.4% |
| 2019 | 3 % change on previous year | +12.2% |
| 2020 | 2.85 % change on previous year | -5.3% |
| 2021 | 4.46 % change on previous year | +56.8% |
| 2022 | 8.31 % change on previous year | +86.1% |
| 2023 | 8.74 % change on previous year | +5.2% |
| 2024 | 5.86 % change on previous year | -33.0% |
| 2025 | 4.09 % change on previous year | -30.3% |
| 2026 | 3.15 % change on previous year | -23.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 23.24 % change on previous year | 20.76 % change on previous year | 25.73 % change on previous year | 2 |
| 1990s | 4.25 % change on previous year | 1.55 % change on previous year | 15.51 % change on previous year | 10 |
| 2000s | 6.23 % change on previous year | 2.06 % change on previous year | 12.69 % change on previous year | 10 |
| 2010s | 3.13 % change on previous year | 1.63 % change on previous year | 5.39 % change on previous year | 10 |
| 2020s | 5.35 % change on previous year | 2.85 % change on previous year | 8.74 % change on previous year | 7 |
Countries ranked near Iceland
- 36 Dominican Republic 3.24 % change on previous year compare
- 37 Jamaica 3.18 % change on previous year compare
- 38 Colombia 3.15 % change on previous year compare
- 40 Republic of Moldova 3.12 % change on previous year compare
- 41 Mozambique 2.95 % change on previous year compare
- 42 Belarus 2.91 % change on previous year 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 cpi price, nominal, annual growth rate in Iceland?
- Cpi price, nominal, annual growth rate in Iceland was 3.15 % change on previous year in 2026, according to Statizoid (derived).
- What is the highest cpi price, nominal, annual growth rate recorded in Iceland?
- The highest recorded value was 25.73 % change on previous year in 1988.
- What is the lowest cpi price, nominal, annual growth rate recorded in Iceland?
- The lowest recorded value was 1.55 % change on previous year in 1994.
- How does Iceland rank for cpi price, nominal, annual growth rate?
- Iceland ranks 39th out of 158 countries with data for 2026.
- Is cpi price, nominal, annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 85.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of CPI Price, nominal, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in CPI Price, nominal. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- CPI Price, nominal World Bank staff calculations based on Datastream data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in CPI Price, nominal. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.