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Inflation, average consumer prices (IMF) — all countries

Inflation, average consumer prices (IMF) — Iceland

Inflation, average consumer prices (IMF) in Iceland in 2031 — 2.5%. Ranked 89 in the world out of 189. Since 1980, the indicator has fallen by 56 pp.

2031 2.5% +0 pp vs 2030
World rank 89of 189
Period maximum 84.3%1983
Period minimum 1.6%1994

Trend over time

1980–2031 · % per year

Inflation, average consumer prices (IMF) — Iceland, 1980–2031025507510019801986199219982004201020162022202820311980: 58.5%1981: 50.9%1982: 51%1983: 84.3%1984: 29.2%1985: 32.4%1986: 21.3%1987: 18.8%1988: 25.5%1989: 14.5%1990: 15.5%1991: 6.8%1992: 4%1993: 4.1%1994: 1.6%1995: 1.7%1996: 2.3%1997: 1.8%1998: 1.7%1999: 3.2%2000: 5.1%2001: 6.4%2002: 5.2%2003: 2.1%2004: 3.2%2005: 4%2006: 6.7%2007: 5.1%2008: 12.7%2009: 12%2010: 5.4%2011: 4%2012: 5.2%2013: 3.9%2014: 2%2015: 1.6%2016: 1.7%2017: 1.8%2018: 2.7%2019: 3%2020: 2.8%2021: 4.5%2022: 8.3%2023: 8.7%2024: 5.9%2025: 4.1%2026: 4.8%2027: 2.8%2028: 2.5%2029: 2.5%2030: 2.5%2031: 2.5%
Change over the period: −56 pp Annual average: -1.1 pp
Inflation, average consumer prices (IMF) — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2031 2.5 +0 pp
2030 2.5 +0 pp
2029 2.5 +0 pp
2028 2.5 −0.3 pp
2027 2.8 −2 pp
2026 4.8 +0.7 pp
2025 4.1 −1.8 pp
2024 5.9 −2.8 pp
2023 8.7 +0.4 pp
2022 8.3 +3.8 pp
2021 4.5 +1.7 pp
2020 2.8 −0.2 pp
2019 3 +0.3 pp
2018 2.7 +0.9 pp
2017 1.8 +0.1 pp
2016 1.7 +0.1 pp
2015 1.6 −0.4 pp
2014 2 −1.9 pp
2013 3.9 −1.3 pp
2012 5.2 +1.2 pp
2011 4 −1.4 pp
2010 5.4 −6.6 pp
2009 12 −0.7 pp
2008 12.7 +7.6 pp
2007 5.1 −1.6 pp
2006 6.7 +2.7 pp
2005 4 +0.8 pp
2004 3.2 +1.1 pp
2003 2.1 −3.1 pp
2002 5.2 −1.2 pp
2001 6.4 +1.3 pp
2000 5.1 +1.9 pp
1999 3.2 +1.5 pp
1998 1.7 −0.1 pp
1997 1.8 −0.5 pp
1996 2.3 +0.6 pp
1995 1.7 +0.1 pp
1994 1.6 −2.5 pp
1993 4.1 +0.1 pp
1992 4 −2.8 pp
1991 6.8 −8.7 pp
1990 15.5 +1 pp
1989 14.5 −11 pp
1988 25.5 +6.7 pp
1987 18.8 −2.5 pp
1986 21.3 −11.1 pp
1985 32.4 +3.2 pp
1984 29.2 −55.1 pp
1983 84.3 +33.3 pp
1982 51 +0.1 pp
1981 50.9 −7.6 pp
1980 58.5 —

Northern Europe, 2031

The same indicator for neighboring countries — with links to their pages

DK Denmark 2 FI Finland 2 IE Ireland 2 NO Norway 2 SE Sweden 2 GB United Kingdom 2 LV Latvia 2.2 EE Estonia 2.3 IS Iceland 2.5 LT Lithuania 2.5
Full table for all countries

About the indicator

The average annual change in the consumer price index from the IMF World Economic Outlook database. The IMF brings national series to a common methodology and publishes a five-year forecast, which makes it possible to compare not only current but also expected inflation. For countries with hyperinflation the IMF flags the data separately as estimates.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Iceland

Economy End-of-period inflation

How much prices have risen by December compared with December of the previous year.

Iceland by year Economy Consumer price inflation

The annual change in the consumer price index, in percent.

Iceland by year Economy Consumer price index

The level of consumer prices relative to a base year — the accumulated result of inflation.

Iceland by year Economy Real GDP growth (IMF)

Real GDP growth rates as estimated and projected by the IMF.

Iceland by year
All indicators for Iceland