CPI: National consumer price index, base year 2017 = 100 in Iceland

Iceland: CPI: National consumer price index, base year 2017 = 100 was 98.09 in 2025. ◆ Volatile

Latest (2025)
98.09
Change on year
up 4.1%
World rank
191st
of 195 countries
All-time high
98.09
in 2025
All-time low
0.02
in 1955
Years of data
71
1955–2025

CPI: National consumer price index, base year 2017 = 100 in Iceland, 1955–2025

020406080100195519902025

Source: International Labour Organization.

Analysis

The most recent figure for cpi: national consumer price index, base year 2017 = 100 in Iceland is 98.09, measured in 2025. That is the highest value across all 71 years on record.

That represents a change of up 4.1% on the previous year and up 52.6% over ten years.

Over the whole period, cpi: national consumer price index, base year 2017 = 100 in Iceland peaked at 98.09 in 2025 and was at its lowest, 0.02, in 1955.

That places Iceland 191st out of 195 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

CPI: National consumer price index, base year 2017 = 100 in Iceland, year by year

Annual values for CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households) in Iceland, 1955 to 2025.
Year Value Change
1955 0.02
1956 0.02 +0.0%
1957 0.02 +0.0%
1958 0.02 +0.0%
1959 0.02 +0.0%
1960 0.02 +0.0%
1961 0.02 +0.0%
1962 0.03 +50.0%
1963 0.03 +0.0%
1964 0.04 +33.3%
1965 0.04 +0.0%
1966 0.04 +0.0%
1967 0.04 +0.0%
1968 0.05 +25.0%
1969 0.06 +20.0%
1970 0.07 +16.7%
1971 0.07 +0.0%
1972 0.08 +14.3%
1973 0.1 +25.0%
1974 0.14 +40.0%
1975 0.21 +50.0%
1976 0.28 +33.3%
1977 0.36 +28.6%
1978 0.52 +44.4%
1979 0.75 +44.2%
1980 1.19 +58.7%
1981 1.8 +51.3%
1982 2.71 +50.6%
1983 4.98 +83.8%
1984 6.52 +30.9%
1985 8.6 +31.9%
1986 10.51 +22.2%
1987 12.43 +18.3%
1988 15.63 +25.7%
1989 18.87 +20.7%
1990 21.8 +15.5%
1991 23.28 +6.8%
1992 24.2 +4.0%
1993 25.18 +4.0%
1994 25.57 +1.5%
1995 25.99 +1.6%
1996 26.58 +2.3%
1997 27.06 +1.8%
1998 27.51 +1.7%
1999 28.4 +3.2%
2000 29.86 +5.1%
2001 31.77 +6.4%
2002 33.42 +5.2%
2003 34.11 +2.1%
2004 35.18 +3.1%
2005 36.59 +4.0%
2006 39.03 +6.7%
2007 41 +5.0%
2008 46.21 +12.7%
2009 51.76 +12.0%
2010 54.55 +5.4%
2011 56.73 +4.0%
2012 59.67 +5.2%
2013 61.99 +3.9%
2014 63.25 +2.0%
2015 64.29 +1.6%
2016 65.38 +1.7%
2017 66.53 +1.8%
2018 68.31 +2.7%
2019 70.37 +3.0%
2020 72.38 +2.9%
2021 75.59 +4.4%
2022 81.87 +8.3%
2023 89.03 +8.7%
2024 94.24 +5.9%
2025 98.09 +4.1%

Averages by decade

DecadeAverage LowestHighest Years
1950s 0.02 0.02 0.02 5
1960s 0.037 0.02 0.06 10
1970s 0.258 0.07 0.75 10
1980s 8.32 1.19 18.87 10
1990s 25.56 21.8 28.4 10
2000s 37.89 29.86 51.76 10
2010s 63.11 54.55 70.37 10
2020s 85.2 72.38 98.09 6

Countries ranked near Iceland

  1. 188 Aruba 99.29 compare
  2. 189 Australia 99.05 compare
  3. 190 Belarus 98.22 compare
  4. 192 Honduras 97.54 compare
  5. 193 Republic of Moldova 96.76 compare
  6. 194 Eswatini 96.41 compare

See the full ranking of 195 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is cpi: national consumer price index, base year 2017 = 100 in Iceland?
Cpi: national consumer price index, base year 2017 = 100 in Iceland was 98.09 in 2025, according to International Labour Organization.
What is the highest cpi: national consumer price index, base year 2017 = 100 recorded in Iceland?
The highest recorded value was 98.09 in 2025.
What is the lowest cpi: national consumer price index, base year 2017 = 100 recorded in Iceland?
The lowest recorded value was 0.02 in 1955.
How does Iceland rank for cpi: national consumer price index, base year 2017 = 100?
Iceland ranks 191st out of 195 countries with data for 2025.
Is cpi: national consumer price index, base year 2017 = 100 rising or falling in Iceland?
Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from International Labour Organization, published as part of CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.

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CPI: National consumer price index, base year 2017 = 100 in Iceland. Statizoid, drawing on International Labour Organization. Retrieved 30 August 2026, from https://labour.statizoid.com/stat/cpi-national-consumer-price-index-base-year-2017-100-general-individual-consumption/iceland/

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About this data

Indicator
CPI: National consumer price index, base year 2017 = 100 (General - Individual consumption expenditure of households)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
195 places, 5,666 data points, 1914–2025
Last refreshed

This indicator shows the CPI with base year in 2017. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.