HICP - monthly data (12-month average rate of change) in Iceland

Iceland: HICP - monthly data (12-month average rate of change) was 3.7 in 2025. ◆ Volatile

Latest (2025)
3.7
Change on year
down 17.8%
World rank
11th
of 39 countries
All-time high
16.3
in 2009
All-time low
-1.7
in 2017
Years of data
29
1997–2025

HICP - monthly data (12-month average rate of change) in Iceland, 1997–2025

0510151997201120251997: 1.81998: 1.31999: 2.12000: 4.42001: 6.62002: 5.32003: 1.42004: 2.32005: 1.42006: 4.62007: 3.62008: 12.82009: 16.32010: 7.52011: 4.22012: 62013: 4.12014: 12015: 0.32016: 0.82017: -1.72018: 0.72019: 22020: 1.22021: 3.72022: 5.72023: 82024: 4.52025: 3.7

Source: Eurostat.

Analysis

Iceland recorded 3.7 for hicp - monthly data (12-month average rate of change) in 2025.

That represents a change of down 17.8% on the previous year and up 1,133.3% over ten years.

Over the whole period, hicp - monthly data (12-month average rate of change) in Iceland peaked at 16.3 in 2009 and was at its lowest, -1.7, in 2017.

That places Iceland 11th out of 39 countries with data for 2025, putting it in the middle of the range.

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

HICP - monthly data (12-month average rate of change) in Iceland, year by year

Annual values for HICP - monthly data (12-month average rate of change) (1997-2025) in Iceland, 1997 to 2025.
Year Value Change
1997 1.8
1998 1.3 -27.8%
1999 2.1 +61.5%
2000 4.4 +109.5%
2001 6.6 +50.0%
2002 5.3 -19.7%
2003 1.4 -73.6%
2004 2.3 +64.3%
2005 1.4 -39.1%
2006 4.6 +228.6%
2007 3.6 -21.7%
2008 12.8 +255.6%
2009 16.3 +27.3%
2010 7.5 -54.0%
2011 4.2 -44.0%
2012 6 +42.9%
2013 4.1 -31.7%
2014 1 -75.6%
2015 0.3 -70.0%
2016 0.8 +166.7%
2017 -1.7 -312.5%
2018 0.7 -141.2%
2019 2 +185.7%
2020 1.2 -40.0%
2021 3.7 +208.3%
2022 5.7 +54.1%
2023 8 +40.4%
2024 4.5 -43.8%
2025 3.7 -17.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.73 1.3 2.1 3
2000s 5.87 1.4 16.3 10
2010s 2.49 -1.7 7.5 10
2020s 4.47 1.2 8 6

Countries ranked near Iceland

  1. 9 Kosovo* 3.9 compare
  2. 10 Latvia 3.8 compare
  3. 12 Austria 3.6 compare
  4. 13 Bulgaria 3.5 compare
  5. 14 Lithuania 3.4 compare

See the full ranking of 45 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is hicp - monthly data (12-month average rate of change) in Iceland?
Hicp - monthly data (12-month average rate of change) in Iceland was 3.7 in 2025, according to Eurostat.
What is the highest hicp - monthly data (12-month average rate of change) recorded in Iceland?
The highest recorded value was 16.3 in 2009.
What is the lowest hicp - monthly data (12-month average rate of change) recorded in Iceland?
The lowest recorded value was -1.7 in 2017.
How does Iceland rank for hicp - monthly data (12-month average rate of change)?
Iceland ranks 11th out of 39 countries with data for 2025.
Is hicp - monthly data (12-month average rate of change) rising or falling in Iceland?
Over the last ten years it is up 1,133.3%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of HICP - monthly data (12-month average rate of change) (1997-2025). Statizoid updates them automatically from the source API.

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HICP - monthly data (12-month average rate of change) in Iceland. Statizoid, drawing on Eurostat. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/hicp-monthly-data-12-month-average-rate-of-change-1997-2025/iceland/

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About this data

Indicator
HICP - monthly data (12-month average rate of change) (1997-2025)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1997–2025
Last refreshed