CPI: National consumer price index, percentage change from previous in Iceland
Iceland: CPI: National consumer price index, percentage change from previous was 4.09 in 2025. ◆ Volatile
CPI: National consumer price index, percentage change from previous in Iceland, 1956–2025
Source: International Labour Organization.
Analysis
In 2025, cpi: national consumer price index, percentage change from previous in Iceland stood at 4.09.
Compared with earlier readings it is down 30.2% on the previous year and up 150.9% over ten years.
Over the whole period, cpi: national consumer price index, percentage change from previous in Iceland peaked at 83.95 in 1983 and was at its lowest, 1, in 1959.
Iceland ranks 57th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
CPI: National consumer price index, percentage change from previous in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1956 | 10.06 | — |
| 1957 | 4.25 | -57.8% |
| 1958 | 5.85 | +37.6% |
| 1959 | 1 | -82.9% |
| 1960 | 1.99 | +99.0% |
| 1961 | 4.71 | +136.7% |
| 1962 | 11.02 | +134.0% |
| 1963 | 12.93 | +17.3% |
| 1964 | 19.25 | +48.9% |
| 1965 | 7.32 | -62.0% |
| 1966 | 10.69 | +46.0% |
| 1967 | 3.32 | -68.9% |
| 1968 | 15.1 | +354.8% |
| 1969 | 21.74 | +44.0% |
| 1970 | 13.37 | -38.5% |
| 1971 | 6.73 | -49.7% |
| 1972 | 9.81 | +45.8% |
| 1973 | 21.35 | +117.6% |
| 1974 | 42.52 | +99.2% |
| 1975 | 49.36 | +16.1% |
| 1976 | 31.95 | -35.3% |
| 1977 | 30.32 | -5.1% |
| 1978 | 43.75 | +44.3% |
| 1979 | 44.44 | +1.6% |
| 1980 | 58.53 | +31.7% |
| 1981 | 51.79 | -11.5% |
| 1982 | 50.24 | -3.0% |
| 1983 | 83.95 | +67.1% |
| 1984 | 30.85 | -63.3% |
| 1985 | 31.99 | +3.7% |
| 1986 | 22.13 | -30.8% |
| 1987 | 18.3 | -17.3% |
| 1988 | 25.73 | +40.6% |
| 1989 | 20.76 | -19.3% |
| 1990 | 15.51 | -25.3% |
| 1991 | 6.81 | -56.1% |
| 1992 | 3.95 | -42.0% |
| 1993 | 4.04 | +2.3% |
| 1994 | 1.55 | -61.6% |
| 1995 | 1.65 | +6.5% |
| 1996 | 2.26 | +37.0% |
| 1997 | 1.82 | -19.5% |
| 1998 | 1.66 | -8.8% |
| 1999 | 3.23 | +94.6% |
| 2000 | 5.14 | +59.1% |
| 2001 | 6.41 | +24.7% |
| 2002 | 5.2 | -18.9% |
| 2003 | 2.06 | -60.4% |
| 2004 | 3.16 | +53.4% |
| 2005 | 3.99 | +26.3% |
| 2006 | 6.69 | +67.7% |
| 2007 | 5.05 | -24.5% |
| 2008 | 12.69 | +151.3% |
| 2009 | 12 | -5.4% |
| 2010 | 5.4 | -55.0% |
| 2011 | 4 | -25.9% |
| 2012 | 5.19 | +29.8% |
| 2013 | 3.87 | -25.4% |
| 2014 | 2.04 | -47.3% |
| 2015 | 1.63 | -20.1% |
| 2016 | 1.7 | +4.3% |
| 2017 | 1.76 | +3.5% |
| 2018 | 2.68 | +52.3% |
| 2019 | 3.01 | +12.3% |
| 2020 | 2.85 | -5.3% |
| 2021 | 4.44 | +55.8% |
| 2022 | 8.31 | +87.2% |
| 2023 | 8.74 | +5.2% |
| 2024 | 5.86 | -33.0% |
| 2025 | 4.09 | -30.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 5.29 | 1 | 10.06 | 4 |
| 1960s | 10.81 | 1.99 | 21.74 | 10 |
| 1970s | 29.36 | 6.73 | 49.36 | 10 |
| 1980s | 39.43 | 18.3 | 83.95 | 10 |
| 1990s | 4.25 | 1.55 | 15.51 | 10 |
| 2000s | 6.24 | 2.06 | 12.69 | 10 |
| 2010s | 3.13 | 1.63 | 5.4 | 10 |
| 2020s | 5.71 | 2.85 | 8.74 | 6 |
Countries ranked near Iceland
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, percentage change from previous in Iceland?
- Cpi: national consumer price index, percentage change from previous in Iceland was 4.09 in 2025, according to International Labour Organization.
- What is the highest cpi: national consumer price index, percentage change from previous recorded in Iceland?
- The highest recorded value was 83.95 in 1983.
- What is the lowest cpi: national consumer price index, percentage change from previous recorded in Iceland?
- The lowest recorded value was 1 in 1959.
- How does Iceland rank for cpi: national consumer price index, percentage change from previous?
- Iceland ranks 57th out of 193 countries with data for 2025.
- Is cpi: national consumer price index, percentage change from previous rising or falling in Iceland?
- Over the last ten years it is up 150.9%. 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, percentage change from previous year (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.
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About this data
This indicator shows the percentage change of the CPI between a period and the same period of the previous year. 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.