Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Iceland
Iceland: Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first was 107.6 Index, 2025=100 in 2026. ▲ Rising
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Iceland, 2015–2026
Source: Eurostat. Measured in Index, 2025=100.
Analysis
The most recent figure for harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Iceland is 107.6 Index, 2025=100, measured in 2026. That is the highest value across all 12 years on record.
That represents a change of up 6.7% on the previous year and up 42.6% over ten years.
Over the whole period, harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Iceland peaked at 107.6 Index, 2025=100 in 2026 and was at its lowest, 74.67 Index, 2025=100, in 2017.
That places Iceland 6th out of 49 countries with data for 2026, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first in Iceland, year by year
| Year | Index, 2025=100 | Change |
|---|---|---|
| 2015 | 75.53 Index, 2025=100 | — |
| 2016 | 75.44 Index, 2025=100 | -0.1% |
| 2017 | 74.67 Index, 2025=100 | -1.0% |
| 2018 | 76.14 Index, 2025=100 | +2.0% |
| 2019 | 76.84 Index, 2025=100 | +0.9% |
| 2020 | 78.64 Index, 2025=100 | +2.3% |
| 2021 | 81.67 Index, 2025=100 | +3.9% |
| 2022 | 87.57 Index, 2025=100 | +7.2% |
| 2023 | 93.61 Index, 2025=100 | +6.9% |
| 2024 | 96.95 Index, 2025=100 | +3.6% |
| 2025 | 100.86 Index, 2025=100 | +4.0% |
| 2026 | 107.6 Index, 2025=100 | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 75.72 Index, 2025=100 | 74.67 Index, 2025=100 | 76.84 Index, 2025=100 | 5 |
| 2020s | 92.41 Index, 2025=100 | 78.64 Index, 2025=100 | 107.6 Index, 2025=100 | 7 |
Countries ranked near Iceland
- 3 United Kingdom of Great Britain and Northern Ireland 108.89 Index, 2025=100 compare
- 3 United Kingdom 108.89 Index, 2025=100 compare
- 5 Romania 108.08 Index, 2025=100 compare
- 7 Kosovo* 106.75 Index, 2025=100 compare
- 8 Lithuania 105.52 Index, 2025=100 compare
- 9 Montenegro 105.39 Index, 2025=100 compare
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)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,720 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.17 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 25.76 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.53 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
Frequently asked questions
- What is harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Iceland?
- Harmonised index of consumer prices (hicp) - ecoicop ver.2 - first in Iceland was 107.6 Index, 2025=100 in 2026, according to Eurostat.
- What is the highest harmonised index of consumer prices (hicp) - ecoicop ver.2 - first recorded in Iceland?
- The highest recorded value was 107.6 Index, 2025=100 in 2026.
- What is the lowest harmonised index of consumer prices (hicp) - ecoicop ver.2 - first recorded in Iceland?
- The lowest recorded value was 74.67 Index, 2025=100 in 2017.
- How does Iceland rank for harmonised index of consumer prices (hicp) - ecoicop ver.2 - first?
- Iceland ranks 6th out of 49 countries with data for 2026.
- Is harmonised index of consumer prices (hicp) - ecoicop ver.2 - first rising or falling in Iceland?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first released data. Statizoid updates them automatically from the source API.
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