HICP - Processed food including alcohol and excluding tobacco in Iceland
Iceland: HICP - Processed food including alcohol and excluding tobacco was 5 in 2025. ◆ Volatile
Latest (2025)
5
Change on year
up 4.2%
World rank
9th
of 36 countries
All-time high
23.6
in 2009
All-time low
-4.8
in 2005
Years of data
29
1997–2025
HICP - Processed food including alcohol and excluding tobacco in Iceland, 1997–2025
Source: European Central Bank.
Analysis
The most recent figure for hicp - processed food including alcohol and excluding tobacco in Iceland is 5, measured in 2025.
Compared with earlier readings it is up 4.2% on the previous year and up 400.0% over ten years.
Over the whole period, hicp - processed food including alcohol and excluding tobacco in Iceland peaked at 23.6 in 2009 and was at its lowest, -4.8, in 2005.
Iceland ranks 9th of 36 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Processed food including alcohol and excluding tobacco in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.8 | — |
| 1998 | 1.9 | -32.1% |
| 1999 | 3.2 | +68.4% |
| 2000 | 4 | +25.0% |
| 2001 | 7 | +75.0% |
| 2002 | 6.4 | -8.6% |
| 2003 | -0.4 | -106.2% |
| 2004 | 0.2 | -150.0% |
| 2005 | -4.8 | -2500.0% |
| 2006 | 6.8 | -241.7% |
| 2007 | -1.5 | -122.1% |
| 2008 | 14.7 | -1080.0% |
| 2009 | 23.6 | +60.5% |
| 2010 | 6.2 | -73.7% |
| 2011 | 2.7 | -56.5% |
| 2012 | 5.9 | +118.5% |
| 2013 | 3.9 | -33.9% |
| 2014 | 1.3 | -66.7% |
| 2015 | 1 | -23.1% |
| 2016 | 1.9 | +90.0% |
| 2017 | -1.2 | -163.2% |
| 2018 | 2.1 | -275.0% |
| 2019 | 3.4 | +61.9% |
| 2020 | 4.5 | +32.4% |
| 2021 | 3.7 | -17.8% |
| 2022 | 6.4 | +73.0% |
| 2023 | 10 | +56.2% |
| 2024 | 4.8 | -52.0% |
| 2025 | 5 | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.63 | 1.9 | 3.2 | 3 |
| 2000s | 5.6 | -4.8 | 23.6 | 10 |
| 2010s | 2.72 | -1.2 | 6.2 | 10 |
| 2020s | 5.73 | 3.7 | 10 | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is hicp - processed food including alcohol and excluding tobacco in Iceland?
- Hicp - processed food including alcohol and excluding tobacco in Iceland was 5 in 2025, according to European Central Bank.
- What is the highest hicp - processed food including alcohol and excluding tobacco recorded in Iceland?
- The highest recorded value was 23.6 in 2009.
- What is the lowest hicp - processed food including alcohol and excluding tobacco recorded in Iceland?
- The lowest recorded value was -4.8 in 2005.
- How does Iceland rank for hicp - processed food including alcohol and excluding tobacco?
- Iceland ranks 9th out of 36 countries with data for 2025.
- Is hicp - processed food including alcohol and excluding tobacco rising or falling in Iceland?
- Over the last ten years it is up 400.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from European Central Bank, published as part of HICP - Processed food including alcohol and excluding tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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