Indicator of food price anomalies in Iceland

Iceland: Indicator of food price anomalies was -0.21 index in 2024. ◆ Volatile

Latest (2024)
-0.21 index
Change on year
down 121.2%
World rank
100th
of 201 countries
All-time high
0.99 index
in 2023
All-time low
-1.46 index
in 2017
Years of data
15
2010–2024

Indicator of food price anomalies in Iceland, 2010–2024

-1.5-1-0.500.512010201720242010: -0.6 index2011: -0.12 index2012: 0.08 index2013: -0.02 index2014: -0.7 index2015: 0.38 index2016: -0.41 index2017: -1.5 index2018: 0.14 index2019: 0.22 index2020: 0.79 index2021: -0.5 index2022: -0.19 index2023: 0.99 index2024: -0.21 index

Source: Food and Agriculture Organization of the United Nations – processed by Our World in Data. Measured in index.

Analysis

The most recent figure for indicator of food price anomalies in Iceland is -0.21 index, measured in 2024.

That represents a change of down 121.2% on the previous year and up 70.0% over ten years.

Over the whole period, indicator of food price anomalies in Iceland peaked at 0.99 index in 2023 and was at its lowest, -1.46 index, in 2017.

Iceland ranks 100th of 201 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Indicator of food price anomalies in Iceland, year by year

Annual values for Indicator of food price anomalies in Iceland, 2010 to 2024.
Year index Change
2010 -0.6 index
2011 -0.12 index -80.0%
2012 0.08 index -166.7%
2013 -0.02 index -125.0%
2014 -0.7 index +3400.0%
2015 0.38 index -154.3%
2016 -0.41 index -207.9%
2017 -1.46 index +256.1%
2018 0.14 index -109.6%
2019 0.22 index +57.1%
2020 0.79 index +259.1%
2021 -0.5 index -163.3%
2022 -0.19 index -62.0%
2023 0.99 index -621.1%
2024 -0.21 index -121.2%

Iceland compared with similar countries

  • Iceland's -0.21 index is above the median for high income countries, which is -0.295 index, 71% of the median. (70 countries reporting)
  • Iceland's -0.21 index is above the median for Europe & Central Asia, which is -0.48 index, 44% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Indicator of food price anomalies 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.

YearChange FromTo
2014 -3400.0% -0.02 index -0.7 index

Averages by decade

DecadeAverage LowestHighest Years
2010s -0.249 index -1.46 index 0.38 index 10
2020s 0.176 index -0.5 index 0.99 index 5

Countries ranked near Iceland

  1. 97 Congo -0.17 index compare
  2. 98 Brazil -0.18 index compare
  3. 99 Bahrain -0.19 index compare
  4. 100 Austria -0.21 index compare
  5. 100 El Salvador -0.21 index compare
  6. 100 Estonia -0.21 index compare
  7. 100 Guadeloupe -0.21 index compare

See the full ranking of 201 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is indicator of food price anomalies in Iceland?
Indicator of food price anomalies in Iceland was -0.21 index in 2024, according to Food and Agriculture Organization of the United Nations – processed by Our World in Data.
What is the highest indicator of food price anomalies recorded in Iceland?
The highest recorded value was 0.99 index in 2023.
What is the lowest indicator of food price anomalies recorded in Iceland?
The lowest recorded value was -1.46 index in 2017.
How does Iceland rank for indicator of food price anomalies?
Iceland ranks 100th out of 201 countries with data for 2024.
Is indicator of food price anomalies rising or falling in Iceland?
Over the last ten years it is up 70.0%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations – processed by Our World in Data, published as part of Indicator of food price anomalies. Statizoid updates them automatically from the source API.

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Indicator of food price anomalies in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/food-price-anomalies/iceland/

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About this data

Indicator
Indicator of food price anomalies
Unit
index
Source
Food and Agriculture Organization of the United Nations – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 3,005 data points, 2010–2024
Last refreshed

Indicator of Food Price Anomalies (IFPA), by Consumer Food Price Index.