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Consumer prices statistics in Iceland

Iceland: Consumer prices statistics was 179.84 in 2025. ◆ Volatile

Latest (2025)
179.84
Change on year
up 4.1%
World rank
9th
of 61 countries
All-time high
179.84
in 2025
All-time low
0.0015
in 1849
Years of data
177
1849–2025

Consumer prices statistics in Iceland, 1849–2025

050100150200184919372025

Source: Bank for International Settlements.

Analysis

Iceland recorded 179.84 for consumer prices statistics in 2025. That is the highest value across all 177 years on record.

That represents a change of up 4.1% on the previous year and up 52.6% over ten years.

Over the whole period, consumer prices statistics in Iceland peaked at 179.84 in 2025 and was at its lowest, 0.0015, in 1849.

That places Iceland 9th out of 61 countries with data for 2025, putting it in the top quarter.

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

Consumer prices statistics in Iceland, year by year

Year Value Change
1849 0.0015 —
1850 0.0015 +0.3%
1851 0.0015 +1.2%
1852 0.0015 +1.3%
1853 0.0015 +1.5%
1854 0.0018 +17.0%
1855 0.0018 -0.5%
1856 0.0019 +5.1%
1857 0.0018 -2.5%
1858 0.0017 -6.6%
1859 0.0018 +5.7%
1860 0.002 +8.6%
1861 0.002 +0.1%
1862 0.0019 -2.6%
1863 0.0019 +1.0%
1864 0.002 +2.4%
1865 0.002 +1.7%
1866 0.0021 +3.4%
1867 0.002 -5.9%
1868 0.0021 +5.1%
1869 0.0021 +0.6%
1870 0.0021 +0.9%
1871 0.0022 +5.4%
1872 0.0022 +0.2%
1873 0.0022 -1.9%
1874 0.0022 +2.3%
1875 0.0022 -1.6%
1876 0.0022 -0.7%
1877 0.0022 +2.6%
1878 0.0021 -4.1%
1879 0.0021 -0.5%
1880 0.0021 -3.0%
1881 0.0021 +3.0%
1882 0.0021 +0.5%
1883 0.0022 +4.8%
1884 0.0022 -2.3%
1885 0.0021 -5.5%
1886 0.0019 -6.3%
1887 0.002 +3.6%
1888 0.0021 +2.6%
1889 0.0021 +1.1%
1890 0.0021 +1.9%
1891 0.0021 -0.3%
1892 0.0018 -14.2%
1893 0.0018 +1.0%
1894 0.0018 +0.1%
1895 0.0019 +4.0%
1896 0.0019 -1.4%
1897 0.0019 -0.3%
1898 0.0019 -0.3%
1899 0.0019 +1.4%
1900 0.0019 +2.6%
1901 0.002 +0.9%
1902 0.0019 -1.0%
1903 0.002 +1.8%
1904 0.002 +0.7%
1905 0.002 +1.7%
1906 0.002 +1.2%
1907 0.0021 +3.6%
1908 0.0022 +1.6%
1909 0.0022 +1.8%
1910 0.0022 -0.2%
1911 0.0023 +4.7%
1912 0.0023 +1.9%
1913 0.0024 +2.8%
1914 0.0025 +6.1%
1915 0.003 +17.1%
1916 0.0037 +24.4%
1917 0.0057 +53.2%
1918 0.0078 +37.8%
1919 0.0087 +11.2%
1920 0.0103 +18.6%
1921 0.0087 -15.3%
1922 0.007 -19.6%
1923 0.0066 -6.2%
1924 0.0073 +10.5%
1925 0.007 -4.0%
1926 0.0061 -12.4%
1927 0.0056 -9.2%
1928 0.0054 -2.8%
1929 0.0054 +0.2%
1930 0.0053 -2.8%
1931 0.0048 -8.7%
1932 0.0046 -3.8%
1933 0.0046 -0.5%
1934 0.0046 +0.9%
1935 0.0047 +1.1%
1936 0.0048 +2.5%
1937 0.005 +5.1%
1938 0.0052 +2.4%
1939 0.0054 +3.9%
1940 0.0067 +24.4%
1941 0.0083 +24.7%
1942 0.0107 +28.8%
1943 0.0134 +24.6%
1944 0.014 +4.5%
1945 0.0145 +3.5%
1946 0.0153 +5.6%
1947 0.0164 +7.6%
1948 0.0168 +2.1%
1949 0.0172 +2.7%
1950 0.0219 +27.3%
1951 0.028 +27.7%
1952 0.0315 +12.3%
1953 0.0313 -0.5%
1954 0.0316 +1.0%
1955 0.0329 +4.2%
1956 0.0363 +10.3%
1957 0.0378 +4.1%
1958 0.0401 +5.9%
1959 0.0406 +1.4%
1960 0.0414 +1.9%
1961 0.0433 +4.8%
1962 0.0481 +11.0%
1963 0.0543 +13.0%
1964 0.0649 +19.5%
1965 0.0696 +7.2%
1966 0.077 +10.7%
1967 0.0796 +3.3%
1968 0.0916 +15.1%
1969 0.1117 +21.9%
1970 0.1264 +13.2%
1971 0.1349 +6.7%
1972 0.1483 +9.9%
1973 0.1799 +21.4%
1974 0.2563 +42.4%
1975 0.3829 +49.4%
1976 0.5071 +32.4%
1977 0.6607 +30.3%
1978 0.9515 +44.0%
1979 1.37 +44.5%
1980 2.18 +58.6%
1981 3.31 +51.6%
1982 4.96 +50.0%
1983 9.13 +84.0%
1984 11.94 +30.8%
1985 15.76 +32.0%
1986 19.25 +22.1%
1987 22.77 +18.3%
1988 28.63 +25.8%
1989 34.57 +20.8%
1990 39.93 +15.5%
1991 42.65 +6.8%
1992 44.34 +4.0%
1993 46.15 +4.1%
1994 46.87 +1.6%
1995 47.64 +1.7%
1996 48.72 +2.3%
1997 49.59 +1.8%
1998 50.44 +1.7%
1999 52.07 +3.2%
2000 54.75 +5.2%
2001 58.25 +6.4%
2002 61.27 +5.2%
2003 62.53 +2.1%
2004 64.5 +3.1%
2005 67.08 +4.0%
2006 71.56 +6.7%
2007 75.18 +5.1%
2008 84.72 +12.7%
2009 94.89 +12.0%
2010 100 +5.4%
2011 104.01 +4.0%
2012 109.4 +5.2%
2013 113.63 +3.9%
2014 115.96 +2.0%
2015 117.85 +1.6%
2016 119.86 +1.7%
2017 121.97 +1.8%
2018 125.23 +2.7%
2019 129.01 +3.0%
2020 132.68 +2.8%
2021 138.58 +4.4%
2022 150.1 +8.3%
2023 163.21 +8.7%
2024 172.77 +5.9%
2025 179.84 +4.1%

Iceland compared with similar countries

  • Iceland's 179.84 is above the median for high income countries, which is 128.7, 1.4× the median. (44 countries reporting)
  • Iceland's 179.84 is above the median for Europe & Central Asia, which is 130.04, 1.4× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Consumer prices statistics 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
1983 +84.0% 4.96 9.13
1980 +58.6% 1.37 2.18
1917 +53.2% 0.0037 0.0057
1981 +51.6% 2.18 3.31
1982 +50.0% 3.31 4.96
1975 +49.4% 0.2563 0.3829

Averages by decade

DecadeAverage LowestHighest Years
1840s 0.0015 0.0015 0.0015 1
1850s 0.0017 0.0015 0.0019 10
1860s 0.002 0.0019 0.0021 10
1870s 0.0022 0.0021 0.0022 10
1880s 0.0021 0.0019 0.0022 10
1890s 0.0019 0.0018 0.0021 10
1900s 0.002 0.0019 0.0022 10
1910s 0.0041 0.0022 0.0087 10
1920s 0.0069 0.0054 0.0103 10
1930s 0.0049 0.0046 0.0054 10
1940s 0.0133 0.0067 0.0172 10
1950s 0.0332 0.0219 0.0406 10
1960s 0.0681 0.0414 0.1117 10
1970s 0.4723 0.1264 1.37 10
1980s 15.25 2.18 34.57 10
1990s 46.84 39.93 52.07 10
2000s 69.47 54.75 94.89 10
2010s 115.69 100 129.01 10
2020s 156.2 132.68 179.84 6

Countries ranked near Iceland

  1. 6 Hungary 192.02 compare
  2. 7 Mexico 191.46 compare
  3. 8 Estonia 179.99 compare
  4. 10 Indonesia 176 compare
  5. 11 Czechia 166.75 compare
  6. 12 Peru 163.65 compare

See the full ranking of 63 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is consumer prices statistics in Iceland?
Consumer prices statistics in Iceland was 179.84 in 2025, according to Bank for International Settlements.
What is the highest consumer prices statistics recorded in Iceland?
The highest recorded value was 179.84 in 2025.
What is the lowest consumer prices statistics recorded in Iceland?
The lowest recorded value was 0.0015 in 1849.
How does Iceland rank for consumer prices statistics?
Iceland ranks 9th out of 61 countries with data for 2025.
Is consumer prices statistics rising or falling in Iceland?
Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Bank for International Settlements, published as part of Consumer prices statistics. Statizoid updates them automatically from the source API.

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Consumer prices statistics in Iceland. Statizoid, drawing on Bank for International Settlements. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/consumer-prices-statistics/iceland/

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About this data

Indicator
Consumer prices statistics
Source
Bank for International Settlements
Licence
BIS Terms and Conditions (attribution required)
Coverage
63 places, 4,656 data points, 1800–2026
Last refreshed