National CPI, Growth rate over one year, All countries, All items in Iceland
Iceland: National CPI, Growth rate over one year, All countries, All items was 3.9 Percent per annum in 2025. ◆ Volatile
Latest (2025)
3.9 Percent per annum
Change on year
down 36.2%
World rank
5th
of 24 countries
All-time high
81.98 Percent per annum
in 1983
All-time low
1.27 Percent per annum
in 1997
Years of data
55
1971–2025
National CPI, Growth rate over one year, All countries, All items in Iceland, 1971–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2025, national cpi, growth rate over one year, all countries, all items in Iceland stood at 3.9 Percent per annum.
The figure is down 36.2% on the previous year and up 95.1% over ten years.
Over the whole period, national cpi, growth rate over one year, all countries, all items in Iceland peaked at 81.98 Percent per annum in 1983 and was at its lowest, 1.27 Percent per annum, in 1997.
Iceland ranks 5th of 24 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
National CPI, Growth rate over one year, All countries, All items in Iceland, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1971 | 7.71 Percent per annum | — |
| 1972 | 8.68 Percent per annum | +12.5% |
| 1973 | 19.81 Percent per annum | +128.3% |
| 1974 | 41.6 Percent per annum | +110.0% |
| 1975 | 49.36 Percent per annum | +18.6% |
| 1976 | 31.67 Percent per annum | -35.8% |
| 1977 | 29.67 Percent per annum | -6.3% |
| 1978 | 43.69 Percent per annum | +47.3% |
| 1979 | 46.71 Percent per annum | +6.9% |
| 1980 | 57.89 Percent per annum | +23.9% |
| 1981 | 55.82 Percent per annum | -3.6% |
| 1982 | 51.56 Percent per annum | -7.6% |
| 1983 | 81.98 Percent per annum | +59.0% |
| 1984 | 29.99 Percent per annum | -63.4% |
| 1985 | 30.86 Percent per annum | +2.9% |
| 1986 | 21.97 Percent per annum | -28.8% |
| 1987 | 18.62 Percent per annum | -15.3% |
| 1988 | 24.1 Percent per annum | +29.4% |
| 1989 | 21.11 Percent per annum | -12.4% |
| 1990 | 16.05 Percent per annum | -24.0% |
| 1991 | 7.65 Percent per annum | -52.4% |
| 1992 | 4.43 Percent per annum | -42.0% |
| 1993 | 3.71 Percent per annum | -16.4% |
| 1994 | 2.42 Percent per annum | -34.8% |
| 1995 | 1.48 Percent per annum | -38.8% |
| 1996 | 1.89 Percent per annum | +27.9% |
| 1997 | 1.27 Percent per annum | -32.9% |
| 1998 | 1.78 Percent per annum | +39.8% |
| 1999 | 3.24 Percent per annum | +82.1% |
| 2000 | 4.75 Percent per annum | +46.9% |
| 2001 | 6.49 Percent per annum | +36.5% |
| 2002 | 6.03 Percent per annum | -7.2% |
| 2003 | 2.98 Percent per annum | -50.6% |
| 2004 | 3.22 Percent per annum | +8.1% |
| 2005 | 5.14 Percent per annum | +59.7% |
| 2006 | 6.48 Percent per annum | +26.1% |
| 2007 | 6.54 Percent per annum | +1.0% |
| 2008 | 11.49 Percent per annum | +75.5% |
| 2009 | 11.09 Percent per annum | -3.5% |
| 2010 | 4.77 Percent per annum | -56.9% |
| 2011 | 2.85 Percent per annum | -40.3% |
| 2012 | 4.72 Percent per annum | +65.7% |
| 2013 | 3.92 Percent per annum | -17.0% |
| 2014 | 2.6 Percent per annum | -33.8% |
| 2015 | 2 Percent per annum | -23.0% |
| 2016 | 2.17 Percent per annum | +8.8% |
| 2017 | 2.55 Percent per annum | +17.4% |
| 2018 | 2.39 Percent per annum | -6.4% |
| 2019 | 2.87 Percent per annum | +20.1% |
| 2020 | 2.89 Percent per annum | +0.6% |
| 2021 | 4.32 Percent per annum | +49.5% |
| 2022 | 7.66 Percent per annum | +77.2% |
| 2023 | 8.42 Percent per annum | +10.0% |
| 2024 | 6.11 Percent per annum | -27.5% |
| 2025 | 3.9 Percent per annum | -36.2% |
Iceland compared with similar countries
- Iceland's 3.9 Percent per annum is above the median for Europe & Central Asia, which is 2.26 Percent per annum, 1.7× the median. (17 countries reporting)
- Iceland's 3.9 Percent per annum is above the median for high income countries, which is 2.38 Percent per annum, 1.6× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.99 Percent per annum | 7.71 Percent per annum | 49.36 Percent per annum | 9 |
| 1980s | 39.39 Percent per annum | 18.62 Percent per annum | 81.98 Percent per annum | 10 |
| 1990s | 4.39 Percent per annum | 1.27 Percent per annum | 16.05 Percent per annum | 10 |
| 2000s | 6.42 Percent per annum | 2.98 Percent per annum | 11.49 Percent per annum | 10 |
| 2010s | 3.08 Percent per annum | 2 Percent per annum | 4.77 Percent per annum | 10 |
| 2020s | 5.55 Percent per annum | 2.89 Percent per annum | 8.42 Percent per annum | 6 |
Countries ranked near Iceland
- 2 Estonia 6.03 Percent per annum compare
- 2 Hungary 5.18 Percent per annum compare
- 3 Lithuania 4.23 Percent per annum compare
- 3 Bulgaria 4.57 Percent per annum compare
- 4 Latvia 3.71 Percent per annum compare
- 4 Mexico 4.05 Percent per annum compare
- 5 Netherlands 3.35 Percent per annum compare
- 6 Chile 3.52 Percent per annum compare
- 7 Greece 3.31 Percent per annum compare
- 8 Czechia 3.15 Percent per annum compare
- 8 Slovenia 2.25 Percent per annum 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)
- 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 national cpi, growth rate over one year, all countries, all items in Iceland?
- National cpi, growth rate over one year, all countries, all items in Iceland was 3.9 Percent per annum in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest national cpi, growth rate over one year, all countries, all items recorded in Iceland?
- The highest recorded value was 81.98 Percent per annum in 1983.
- What is the lowest national cpi, growth rate over one year, all countries, all items recorded in Iceland?
- The lowest recorded value was 1.27 Percent per annum in 1997.
- How does Iceland rank for national cpi, growth rate over one year, all countries, all items?
- Iceland ranks 5th out of 24 countries with data for 2025.
- Is national cpi, growth rate over one year, all countries, all items rising or falling in Iceland?
- Over the last ten years it is up 95.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of National CPI, Growth rate over one year, All countries, All items less food and energy, COICOP 2018 — Consumer price index. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset contains statistics on national Consumer Price Indices for all items less food and energy (COICOP 2018). For countries for which data are not yet available according to the COICOP 2018 classification, statistics on CPIs for all items less food and energy can be found in dataset National CPI, Growth rate over one year, All items less food and energy, COICOP 1999.