CPI: National consumer price index, country weights in Iceland
Iceland: CPI: National consumer price index, country weights was 15.25 in 2025. ▼ Falling
CPI: National consumer price index, country weights in Iceland, 1996–2025
Source: International Labour Organization.
Analysis
The most recent figure for cpi: national consumer price index, country weights in Iceland is 15.25, measured in 2025.
Compared with earlier readings it is up 1.3% on the previous year and up 5.3% over ten years.
Over the whole period, cpi: national consumer price index, country weights in Iceland peaked at 20.77 in 1996 and was at its lowest, 11.18, in 2018.
That places Iceland 141st out of 172 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
CPI: National consumer price index, country weights in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 20.77 | — |
| 1997 | 17.05 | -17.9% |
| 1998 | 16.81 | -1.4% |
| 1999 | 16.37 | -2.6% |
| 2000 | 17.15 | +4.8% |
| 2001 | 16.85 | -1.7% |
| 2002 | 16.31 | -3.2% |
| 2003 | 15.18 | -6.9% |
| 2004 | 15.24 | +0.4% |
| 2005 | 14.42 | -5.4% |
| 2006 | 13.28 | -7.9% |
| 2007 | 12.5 | -5.9% |
| 2008 | 12.02 | -3.8% |
| 2009 | 14.34 | +19.3% |
| 2010 | 15.12 | +5.4% |
| 2011 | 14.63 | -3.2% |
| 2012 | 14.16 | -3.2% |
| 2013 | 14.61 | +3.2% |
| 2014 | 14.62 | +0.1% |
| 2015 | 14.48 | -1.0% |
| 2016 | 14.6 | +0.8% |
| 2017 | 13.49 | -7.6% |
| 2018 | 11.18 | -17.1% |
| 2019 | 13.27 | +18.7% |
| 2020 | 14.81 | +11.6% |
| 2021 | 14.63 | -1.2% |
| 2022 | 15.11 | +3.3% |
| 2023 | 14.81 | -2.0% |
| 2024 | 15.05 | +1.6% |
| 2025 | 15.25 | +1.3% |
Iceland compared with similar countries
- Iceland's 15.25 is below the median for high income countries, which is 17.13, 89% of the median. (64 countries reporting)
- Iceland's 15.25 is below the median for Europe & Central Asia, which is 21.17, 72% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.75 | 16.37 | 20.77 | 4 |
| 2000s | 14.73 | 12.02 | 17.15 | 10 |
| 2010s | 14.02 | 11.18 | 15.12 | 10 |
| 2020s | 14.94 | 14.63 | 15.25 | 6 |
Countries ranked near Iceland
- 138 Namibia 16.45 compare
- 139 Montserrat 16.33 compare
- 140 Saint Kitts and Nevis 15.98 compare
- 142 Colombia 15.05 compare
- 143 New Zealand 14.89 compare
- 144 British Virgin Islands 14.7 compare
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is cpi: national consumer price index, country weights in Iceland?
- Cpi: national consumer price index, country weights in Iceland was 15.25 in 2025, according to International Labour Organization.
- What is the highest cpi: national consumer price index, country weights recorded in Iceland?
- The highest recorded value was 20.77 in 1996.
- What is the lowest cpi: national consumer price index, country weights recorded in Iceland?
- The lowest recorded value was 11.18 in 2018.
- How does Iceland rank for cpi: national consumer price index, country weights?
- Iceland ranks 141st out of 172 countries with data for 2025.
- Is cpi: national consumer price index, country weights rising or falling in Iceland?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of CPI: National consumer price index, country weights (1. Food and non-alcoholic beverages). Statizoid updates them automatically from the source API.
Download this data
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About this data
The weights are meant to reflect the relative importance of the goods and services as measured by their shares in the total consumption of households. Data are disaggregated by the Classification of Individual Consumption According to Purpose (COICOP). For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.