Consumer prices statistics in Iceland
Iceland: Consumer prices statistics was 179.84 in 2025. ◆ Volatile
Consumer prices statistics in Iceland, 1849–2025
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% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 7.13 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
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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