Food price anomalies in Iceland

Iceland: Food price anomalies was -0.21 in 2024. ◆ Volatile

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

Food price anomalies in Iceland, 2010–2024

-1.5-1-0.500.512010201720242010: -0.62011: -0.122012: 0.082013: -0.022014: -0.72015: 0.382016: -0.412017: -1.52018: 0.142019: 0.222020: 0.792021: -0.52022: -0.192023: 0.992024: -0.21

Source: Our World in Data.

Analysis

The most recent figure for food price anomalies in Iceland is -0.21, 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, food price anomalies in Iceland peaked at 0.99 in 2023 and was at its lowest, -1.46, 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.

Food price anomalies in Iceland, year by year

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

Iceland compared with similar countries

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

Biggest year-on-year movements

Years where 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 -0.7

Averages by decade

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

Countries ranked near Iceland

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

See the full ranking of 201 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is food price anomalies in Iceland?
Food price anomalies in Iceland was -0.21 in 2024, according to Our World in Data.
What is the highest food price anomalies recorded in Iceland?
The highest recorded value was 0.99 in 2023.
What is the lowest food price anomalies recorded in Iceland?
The lowest recorded value was -1.46 in 2017.
How does Iceland rank for food price anomalies?
Iceland ranks 100th out of 201 countries with data for 2024.
Is 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 Our World in Data, published as part of Food price anomalies. Statizoid updates them automatically from the source API.

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Food price anomalies in Iceland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/food-price-anomalies/iceland/

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<a href="https://reference.statizoid.com/stat/food-price-anomalies/iceland/">Food price anomalies in Iceland</a> — Statizoid

About this data

Indicator
Food price anomalies
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 3,005 data points, 2010–2024
Last refreshed