Annual Inflation Rate of Iceland

Updated on March 18, 2026.

According to data from the World Bank, the annual inflation rate of Iceland as measured by the consumer prices index was 5.86% in 2025. A difference of -2.88 (32.95% decrease) compared to 2024.

The World Bank defines inflation measured by the consumer price index as "the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly".

The chart and table below shows the inflation rate of Iceland for recent years.

You can see similar information for other countries.

Related Topics: World Bank Topic List

Data Source: World Bank.

Annual Inflation Rate of Iceland (%)

Table of Annual Inflation Rate of Iceland

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Year	Inflation Rate (%)
1961	1.99
1962	4.71
1963	11.02
1964	12.93
1965	19.25
1966	7.32
1967	10.69
1968	3.32
1969	15.23
1970	21.76
1971	13.37
1972	6.73
1973	9.81
1974	21.36
1975	42.52
1976	49.36
1977	32.03
1978	30.32
1979	43.75
1980	44.44
1981	58.53
1982	51.79
1983	50.24
1984	83.95
1985	30.85
1986	32
1987	22.13
1988	18.3
1989	25.73
1990	20.76
1991	15.51
1992	6.81
1993	3.95
1994	4.04
1995	1.55
1996	1.65
1997	2.26
1998	1.82
1999	1.66
2000	3.23
2001	5.14
2002	6.41
2003	5.2
2004	2.06
2005	3.16
2006	3.99
2007	6.69
2008	5.05
2009	12.69
2010	12
2011	5.4
2012	4
2013	5.19
2014	3.87
2015	2.05
2016	1.63
2017	1.7
2018	1.76
2019	2.68
2020	3.01
2021	2.85
2022	4.44
2023	8.31
2024	8.74
2025	5.86