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Iceland: Inflation

Percent · 1850–2025 · 176 observations · forecasts to 2031 · infl

2025
4.09%percent
Change on 2024
−1.9 pointsfrom 5.96%
Average, 2016–2025
4.35%10 years
Record high and low
84.0% (1983)low −19.6% (1922)

Inflation

Report error
-20%0%20%40%60%80%100%18501875190019251950197520002025IcelandIceland
ForecastPercent

Compare with other countries →Definition of Inflation

Recent values

Percent

YearValue
20312.50Forecast
20302.50Forecast
20292.50Forecast
20282.51Forecast
20272.82Forecast
20262.63Forecast
20254.09
20245.96
20238.74
20228.31
20214.44
20202.85
20193.01
20182.68
20171.76
20161.70

Sources

  • Statistics Iceland1850–1990
  • Bank for International Settlements1850–2025
  • Clio Infra1901–2010
  • IMF International Financial Statistics1951–2025
  • OECD Key Economic Indicators1956–2025
  • World Development Indicators1960–2025
  • OECD Economic Outlook1966–2025
  • World Bank (inflation)1970–2024
  • WDI (archive)1971–1997
  • Bordo1972–1997
  • IMF World Economic Outlook1981–2025
  • World Bank Global Economic Monitor1987–2025
  • Eurostat1996–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 76 series →

Inflation elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms