CPI Price, nominal in Iceland
Iceland: CPI Price, nominal was 191.52 in 2026. ◆ Volatile
CPI Price, nominal in Iceland, 1987–2026
Source: World Bank staff calculations based on Datastream data.
Analysis
The most recent figure for cpi price, nominal in Iceland is 191.52, measured in 2026. That is the highest value across all 40 years on record.
That represents a change of up 4.6% on the previous year and up 57.0% over ten years.
Over the whole period, cpi price, nominal in Iceland peaked at 191.52 in 2026 and was at its lowest, 23.19, in 1987.
That places Iceland 57th out of 158 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, nominal in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 23.19 | — |
| 1988 | 29.15 | +25.7% |
| 1989 | 35.2 | +20.8% |
| 1990 | 40.66 | +15.5% |
| 1991 | 43.43 | +6.8% |
| 1992 | 45.15 | +4.0% |
| 1993 | 46.99 | +4.1% |
| 1994 | 47.72 | +1.6% |
| 1995 | 48.51 | +1.7% |
| 1996 | 49.6 | +2.3% |
| 1997 | 50.49 | +1.8% |
| 1998 | 51.36 | +1.7% |
| 1999 | 53.01 | +3.2% |
| 2000 | 55.72 | +5.1% |
| 2001 | 59.29 | +6.4% |
| 2002 | 62.35 | +5.2% |
| 2003 | 63.64 | +2.1% |
| 2004 | 65.65 | +3.2% |
| 2005 | 68.27 | +4.0% |
| 2006 | 72.83 | +6.7% |
| 2007 | 76.52 | +5.1% |
| 2008 | 86.22 | +12.7% |
| 2009 | 96.57 | +12.0% |
| 2010 | 101.78 | +5.4% |
| 2011 | 105.84 | +4.0% |
| 2012 | 111.34 | +5.2% |
| 2013 | 115.67 | +3.9% |
| 2014 | 118.02 | +2.0% |
| 2015 | 119.95 | +1.6% |
| 2016 | 121.98 | +1.7% |
| 2017 | 124.13 | +1.8% |
| 2018 | 127.46 | +2.7% |
| 2019 | 131.29 | +3.0% |
| 2020 | 135.02 | +2.8% |
| 2021 | 141.05 | +4.5% |
| 2022 | 152.76 | +8.3% |
| 2023 | 166.12 | +8.7% |
| 2024 | 175.85 | +5.9% |
| 2025 | 183.03 | +4.1% |
| 2026 | 191.52 | +4.6% |
Iceland compared with similar countries
- Iceland's 191.52 is above the median for high income countries, which is 142.5, 1.3× the median. (57 countries reporting)
- Iceland's 191.52 is above the median for Europe & Central Asia, which is 160.31, 1.2× the median. (44 countries reporting)
Biggest year-on-year movements
Years where CPI Price, nominal 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 |
|---|---|---|---|
| 1988 | +25.7% | 23.19 | 29.15 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.18 | 23.19 | 35.2 | 3 |
| 1990s | 47.69 | 40.66 | 53.01 | 10 |
| 2000s | 70.71 | 55.72 | 96.57 | 10 |
| 2010s | 117.75 | 101.78 | 131.29 | 10 |
| 2020s | 163.62 | 135.02 | 191.52 | 7 |
Countries ranked near Iceland
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 in Iceland?
- Cpi price, nominal in Iceland was 191.52 in 2026, according to World Bank staff calculations based on Datastream data.
- What is the highest cpi price, nominal recorded in Iceland?
- The highest recorded value was 191.52 in 2026.
- What is the lowest cpi price, nominal recorded in Iceland?
- The lowest recorded value was 23.19 in 1987.
- How does Iceland rank for cpi price, nominal?
- Iceland ranks 57th out of 158 countries with data for 2026.
- Is cpi price, nominal rising or falling in Iceland?
- Over the last ten years it is up 57.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of CPI Price, nominal. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is not seasonally adjusted.