Financial market — Real effective exchange rates - CPI based in Iceland
Iceland: Financial market — Real effective exchange rates - CPI based was 127.65 Index in 2025. ▼ Falling
Financial market — Real effective exchange rates - CPI based in Iceland, 1970–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Iceland recorded 127.65 Index for financial market — real effective exchange rates - cpi based in 2025.
The figure is up 5.8% on the previous year and up 27.7% over ten years.
Over the whole period, financial market — real effective exchange rates - cpi based in Iceland peaked at 137.35 Index in 1974 and was at its lowest, 80.65 Index, in 2009.
That places Iceland 2nd out of 35 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 56 years of available data.
Financial market — Real effective exchange rates - CPI based in Iceland, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 122.7 Index | — |
| 1971 | 119.91 Index | -2.3% |
| 1972 | 117.72 Index | -1.8% |
| 1973 | 115.49 Index | -1.9% |
| 1974 | 137.35 Index | +18.9% |
| 1975 | 114.52 Index | -16.6% |
| 1976 | 124.35 Index | +8.6% |
| 1977 | 133.98 Index | +7.7% |
| 1978 | 122.42 Index | -8.6% |
| 1979 | 117.51 Index | -4.0% |
| 1980 | 122.94 Index | +4.6% |
| 1981 | 131.45 Index | +6.9% |
| 1982 | 121.79 Index | -7.4% |
| 1983 | 113.73 Index | -6.6% |
| 1984 | 121.33 Index | +6.7% |
| 1985 | 119.43 Index | -1.6% |
| 1986 | 115.88 Index | -3.0% |
| 1987 | 124.29 Index | +7.3% |
| 1988 | 131.36 Index | +5.7% |
| 1989 | 121.08 Index | -7.8% |
| 1990 | 117.88 Index | -2.6% |
| 1991 | 120.19 Index | +2.0% |
| 1992 | 120.01 Index | -0.2% |
| 1993 | 112.78 Index | -6.0% |
| 1994 | 105.61 Index | -6.4% |
| 1995 | 104.09 Index | -1.4% |
| 1996 | 103.28 Index | -0.8% |
| 1997 | 105 Index | +1.7% |
| 1998 | 108.43 Index | +3.3% |
| 1999 | 111.15 Index | +2.5% |
| 2000 | 115.06 Index | +3.5% |
| 2001 | 101.56 Index | -11.7% |
| 2002 | 108.13 Index | +6.5% |
| 2003 | 113.58 Index | +5.0% |
| 2004 | 116.38 Index | +2.5% |
| 2005 | 131.51 Index | +13.0% |
| 2006 | 122.79 Index | -6.6% |
| 2007 | 127.63 Index | +3.9% |
| 2008 | 99.84 Index | -21.8% |
| 2009 | 80.65 Index | -19.2% |
| 2010 | 84.05 Index | +4.2% |
| 2011 | 84.58 Index | +0.6% |
| 2012 | 85.18 Index | +0.7% |
| 2013 | 88.77 Index | +4.2% |
| 2014 | 95.5 Index | +7.6% |
| 2015 | 100 Index | +4.7% |
| 2016 | 112.24 Index | +12.2% |
| 2017 | 125.05 Index | +11.4% |
| 2018 | 122.1 Index | -2.4% |
| 2019 | 114.44 Index | -6.3% |
| 2020 | 106.26 Index | -7.2% |
| 2021 | 110.37 Index | +3.9% |
| 2022 | 114.33 Index | +3.6% |
| 2023 | 116.42 Index | +1.8% |
| 2024 | 120.62 Index | +3.6% |
| 2025 | 127.65 Index | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 122.6 Index | 114.52 Index | 137.35 Index | 10 |
| 1980s | 122.33 Index | 113.73 Index | 131.45 Index | 10 |
| 1990s | 110.84 Index | 103.28 Index | 120.19 Index | 10 |
| 2000s | 111.71 Index | 80.65 Index | 131.51 Index | 10 |
| 2010s | 101.19 Index | 84.05 Index | 125.05 Index | 10 |
| 2020s | 115.94 Index | 106.26 Index | 127.65 Index | 6 |
Countries ranked near Iceland
- 1 Czechia 137.82 Index compare
- 3 Russian Federation 120.28 Index compare
- 4 United States of America 117.81 Index compare
- 5 Israel 111.04 Index 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 financial market — real effective exchange rates - cpi based in Iceland?
- Financial market — real effective exchange rates - cpi based in Iceland was 127.65 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest financial market — real effective exchange rates - cpi based recorded in Iceland?
- The highest recorded value was 137.35 Index in 1974.
- What is the lowest financial market — real effective exchange rates - cpi based recorded in Iceland?
- The lowest recorded value was 80.65 Index in 2009.
- How does Iceland rank for financial market — real effective exchange rates - cpi based?
- Iceland ranks 2nd out of 35 countries with data for 2025.
- Is financial market — real effective exchange rates - cpi based rising or falling in Iceland?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financial market — Real effective exchange rates - CPI based. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Financial Indicators aim to capture in quantitative terms an important but heterogeneous and fast evolving area. Key factors driving this change are: globalisation of the financial markets; maturing of national financial markets and therefore the structure of these markets required to service their needs; increased sophistication of the actors in these markets; rapid technological change; and evolving regulatory frameworks. Financial institutions react and adapt to these conditions by changing their strategies; by specialising, by diversifying or concentrating their activities, and by extending through mergers and acquisitions. As a consequence, there is almost constant evolution in the institutional structures in which financial markets operate.OECD statistics contactStatistics and Data Directorate