Price level index in Iceland
Iceland: Price level index was 129.71 Households and NPISHs Final consumption expenditure in 2025. ▬ Flat
Latest (2025)
129.71 Households and NPISHs Final consumption expenditure
Change on year
up 14.7%
World rank
5th
of 205 countries
All-time high
167.79 Households and NPISHs Final consumption expenditure
in 2007
All-time low
98.85 Households and NPISHs Final consumption expenditure
in 2001
Years of data
36
1990–2025
Price level index in Iceland, 1990–2025
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
The most recent figure for price level index in Iceland is 129.71 Households and NPISHs Final consumption expenditure, measured in 2025.
The figure is up 14.7% on the previous year and up 10.4% over ten years.
Over the whole period, price level index in Iceland peaked at 167.79 Households and NPISHs Final consumption expenditure in 2007 and was at its lowest, 98.85 Households and NPISHs Final consumption expenditure, in 2001.
That places Iceland 5th out of 205 countries with data for 2025, putting it in the top 10%.
Price level index in Iceland, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 1990 | 131.08 Households and NPISHs Final consumption expenditure | — |
| 1991 | 133.34 Households and NPISHs Final consumption expenditure | +1.7% |
| 1992 | 137.89 Households and NPISHs Final consumption expenditure | +3.4% |
| 1993 | 118.73 Households and NPISHs Final consumption expenditure | -13.9% |
| 1994 | 114.24 Households and NPISHs Final consumption expenditure | -3.8% |
| 1995 | 123.46 Households and NPISHs Final consumption expenditure | +8.1% |
| 1996 | 123.15 Households and NPISHs Final consumption expenditure | -0.3% |
| 1997 | 113.95 Households and NPISHs Final consumption expenditure | -7.5% |
| 1998 | 118.24 Households and NPISHs Final consumption expenditure | +3.8% |
| 1999 | 116.01 Households and NPISHs Final consumption expenditure | -1.9% |
| 2000 | 115.91 Households and NPISHs Final consumption expenditure | -0.1% |
| 2001 | 98.85 Households and NPISHs Final consumption expenditure | -14.7% |
| 2002 | 108.96 Households and NPISHs Final consumption expenditure | +10.2% |
| 2003 | 131.27 Households and NPISHs Final consumption expenditure | +20.5% |
| 2004 | 144.38 Households and NPISHs Final consumption expenditure | +10.0% |
| 2005 | 160.91 Households and NPISHs Final consumption expenditure | +11.4% |
| 2006 | 148.91 Households and NPISHs Final consumption expenditure | -7.5% |
| 2007 | 167.79 Households and NPISHs Final consumption expenditure | +12.7% |
| 2008 | 135.5 Households and NPISHs Final consumption expenditure | -19.2% |
| 2009 | 109.59 Households and NPISHs Final consumption expenditure | -19.1% |
| 2010 | 115.68 Households and NPISHs Final consumption expenditure | +5.6% |
| 2011 | 121.92 Households and NPISHs Final consumption expenditure | +5.4% |
| 2012 | 116.05 Households and NPISHs Final consumption expenditure | -4.8% |
| 2013 | 121.27 Households and NPISHs Final consumption expenditure | +4.5% |
| 2014 | 128.54 Households and NPISHs Final consumption expenditure | +6.0% |
| 2015 | 117.49 Households and NPISHs Final consumption expenditure | -8.6% |
| 2016 | 132.32 Households and NPISHs Final consumption expenditure | +12.6% |
| 2017 | 147.42 Households and NPISHs Final consumption expenditure | +11.4% |
| 2018 | 146.79 Households and NPISHs Final consumption expenditure | -0.4% |
| 2019 | 128.96 Households and NPISHs Final consumption expenditure | -12.1% |
| 2020 | 114.36 Households and NPISHs Final consumption expenditure | -11.3% |
| 2021 | 122.72 Households and NPISHs Final consumption expenditure | +7.3% |
| 2022 | 111.52 Households and NPISHs Final consumption expenditure | -9.1% |
| 2023 | 109.61 Households and NPISHs Final consumption expenditure | -1.7% |
| 2024 | 113.1 Households and NPISHs Final consumption expenditure | +3.2% |
| 2025 | 129.71 Households and NPISHs Final consumption expenditure | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 123.01 Households and NPISHs Final consumption expenditure | 113.95 Households and NPISHs Final consumption expenditure | 137.89 Households and NPISHs Final consumption expenditure | 10 |
| 2000s | 132.21 Households and NPISHs Final consumption expenditure | 98.85 Households and NPISHs Final consumption expenditure | 167.79 Households and NPISHs Final consumption expenditure | 10 |
| 2010s | 127.65 Households and NPISHs Final consumption expenditure | 115.68 Households and NPISHs Final consumption expenditure | 147.42 Households and NPISHs Final consumption expenditure | 10 |
| 2020s | 116.84 Households and NPISHs Final consumption expenditure | 109.61 Households and NPISHs Final consumption expenditure | 129.71 Households and NPISHs Final consumption expenditure | 6 |
Countries ranked near Iceland
- 2 Cayman Islands 140.1 Households and NPISHs Final consumption expenditure compare
- 3 Barbados 131.87 Households and NPISHs Final consumption expenditure compare
- 4 Turks and Caicos Islands 131.72 Households and NPISHs Final consumption expenditure compare
- 6 Switzerland 128.17 Households and NPISHs Final consumption expenditure compare
- 7 New Caledonia 115.08 Households and NPISHs Final consumption expenditure compare
- 8 Guam 111.21 Households and NPISHs Final consumption expenditure 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 (current US$), per unit of GDP 0.0853 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 8,386 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 10.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.051 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,012 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is price level index in Iceland?
- Price level index in Iceland was 129.71 Households and NPISHs Final consumption expenditure in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Iceland?
- The highest recorded value was 167.79 Households and NPISHs Final consumption expenditure in 2007.
- What is the lowest price level index recorded in Iceland?
- The lowest recorded value was 98.85 Households and NPISHs Final consumption expenditure in 2001.
- How does Iceland rank for price level index?
- Iceland ranks 5th out of 205 countries with data for 2025.
- Is price level index rising or falling in Iceland?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.