National CPI, Growth rate over one year, All countries, Food and in Iceland
Iceland: National CPI, Growth rate over one year, All countries, Food and was 5.45 Percent per annum in 2025. ◆ Volatile
National CPI, Growth rate over one year, All countries, Food and in Iceland, 1961–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for national cpi, growth rate over one year, all countries, food and in Iceland is 5.45 Percent per annum, measured in 2025.
The figure is down 0.8% on the previous year and up 92.0% over ten years.
Over the whole period, national cpi, growth rate over one year, all countries, food and in Iceland peaked at 37.67 Percent per annum in 1985 and was at its lowest, -2.64 Percent per annum, in 2003.
Iceland ranks 8th of 38 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, Food and in Iceland, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1961 | 11.28 Percent per annum | — |
| 1962 | 16.39 Percent per annum | +45.3% |
| 1963 | 17.97 Percent per annum | +9.7% |
| 1964 | 25.03 Percent per annum | +39.2% |
| 1965 | 6.62 Percent per annum | -73.6% |
| 1966 | 14.85 Percent per annum | +124.4% |
| 1967 | 1.4 Percent per annum | -90.6% |
| 1984 | 35.12 Percent per annum | +2404.6% |
| 1985 | 37.67 Percent per annum | +7.3% |
| 1986 | 22.9 Percent per annum | -39.2% |
| 1987 | 16.72 Percent per annum | -27.0% |
| 1988 | 33.93 Percent per annum | +102.9% |
| 1989 | 19.04 Percent per annum | -43.9% |
| 1990 | 12.82 Percent per annum | -32.6% |
| 1991 | 2.57 Percent per annum | -80.0% |
| 1992 | 1.34 Percent per annum | -47.6% |
| 1993 | 2.33 Percent per annum | +73.4% |
| 1994 | -2.23 Percent per annum | -195.5% |
| 1995 | 2.85 Percent per annum | -227.8% |
| 1996 | 3.17 Percent per annum | +11.2% |
| 1997 | 3.3 Percent per annum | +4.1% |
| 1998 | 2.75 Percent per annum | -16.5% |
| 1999 | 3.27 Percent per annum | +18.9% |
| 2000 | 4.12 Percent per annum | +26.1% |
| 2001 | 6.9 Percent per annum | +67.3% |
| 2002 | 4.21 Percent per annum | -38.9% |
| 2003 | -2.64 Percent per annum | -162.6% |
| 2004 | 1.07 Percent per annum | -140.6% |
| 2005 | -2.59 Percent per annum | -341.7% |
| 2006 | 7.98 Percent per annum | -408.5% |
| 2007 | -1.08 Percent per annum | -113.6% |
| 2008 | 15.97 Percent per annum | -1574.2% |
| 2009 | 17.53 Percent per annum | +9.8% |
| 2010 | 4.24 Percent per annum | -75.8% |
| 2011 | 3.83 Percent per annum | -9.7% |
| 2012 | 6.09 Percent per annum | +59.2% |
| 2013 | 5.09 Percent per annum | -16.4% |
| 2014 | 0.505 Percent per annum | -90.1% |
| 2015 | 2.84 Percent per annum | +462.3% |
| 2016 | 1.32 Percent per annum | -53.5% |
| 2017 | -2.42 Percent per annum | -283.2% |
| 2018 | 2.49 Percent per annum | -202.8% |
| 2019 | 3.8 Percent per annum | +52.7% |
| 2020 | 4.91 Percent per annum | +29.2% |
| 2021 | 3.51 Percent per annum | -28.5% |
| 2022 | 7.23 Percent per annum | +105.9% |
| 2023 | 11.84 Percent per annum | +63.6% |
| 2024 | 5.5 Percent per annum | -53.6% |
| 2025 | 5.45 Percent per annum | -0.8% |
Iceland compared with similar countries
- Iceland's 5.45 Percent per annum is above the median for high income countries, which is 2.96 Percent per annum, 1.8× the median. (30 countries reporting)
- Iceland's 5.45 Percent per annum is above the median for Europe & Central Asia, which is 3.77 Percent per annum, 1.4× the median. (21 countries reporting)
Biggest year-on-year movements
Years where National CPI, Growth rate over one year, All countries, Food and 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.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +2404.6% | 1.4 Percent per annum | 35.12 Percent per annum |
| 2008 | +1574.2% | -1.08 Percent per annum | 15.97 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.36 Percent per annum | 1.4 Percent per annum | 25.03 Percent per annum | 7 |
| 1980s | 27.56 Percent per annum | 16.72 Percent per annum | 37.67 Percent per annum | 6 |
| 1990s | 3.22 Percent per annum | -2.23 Percent per annum | 12.82 Percent per annum | 10 |
| 2000s | 5.15 Percent per annum | -2.64 Percent per annum | 17.53 Percent per annum | 10 |
| 2010s | 2.78 Percent per annum | -2.42 Percent per annum | 6.09 Percent per annum | 10 |
| 2020s | 6.41 Percent per annum | 3.51 Percent per annum | 11.84 Percent per annum | 6 |
Countries ranked near Iceland
- 5 Slovenia 5.44 Percent per annum compare
- 5 China 7.3 Percent per annum compare
- 6 Poland 4.72 Percent per annum compare
- 6 Bulgaria 6.03 Percent per annum compare
- 7 Lithuania 4.54 Percent per annum compare
- 7 Norway 5.66 Percent per annum compare
- 8 Netherlands 4.03 Percent per annum compare
- 9 Colombia 5.18 Percent per annum compare
- 10 Denmark 4.87 Percent per annum compare
- 11 South Africa 4.69 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, food and in Iceland?
- National cpi, growth rate over one year, all countries, food and in Iceland was 5.45 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, food and recorded in Iceland?
- The highest recorded value was 37.67 Percent per annum in 1985.
- What is the lowest national cpi, growth rate over one year, all countries, food and recorded in Iceland?
- The lowest recorded value was -2.64 Percent per annum in 2003.
- How does Iceland rank for national cpi, growth rate over one year, all countries, food and?
- Iceland ranks 8th out of 38 countries with data for 2025.
- Is national cpi, growth rate over one year, all countries, food and rising or falling in Iceland?
- Over the last ten years it is up 92.0%. 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, Food and non-alcoholic beverages, COICOP 1999 — Consumer price index. Statizoid updates them automatically from the source API.
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About this data
This dataset contains statistics on national Consumer Price Indices for Food and non-alcoholic beverages (COICOP 1999). For countries for which data are already available according to the COICOP 2018 classification, statistics on CPIs for Food and non-alcoholic beverages can be found in dataset National CPI, Growth rate over one year, All countries, Food and non-alcoholic beverages, COICOP 2018. Data are available monthly for all the countries except for Australia and New Zealand (quarterly data).