Iceland Inflation Rate
Europe · 65 years of data (1960-2024)
5.86%
2024 Annual Rate
(-2.88%)
Average Rate
14.81%
1960-2024
Peak Inflation
83.95%
Year 1983
Lowest Rate
1.55%
Year 1994
Volatility
17.06%
Std. Deviation
vs World Avg
-0.75%
World: 6.61%
vs Europe
+2.90%
Region: 2.96%
Historical Inflation Chart
Year-by-Year Data
| Year | Inflation Rate | Change |
|---|---|---|
| 2024 | 5.86% | ▼ 2.88% |
| 2023 | 8.74% | ▲ 0.43% |
| 2022 | 8.31% | ▲ 3.86% |
| 2021 | 4.44% | ▲ 1.60% |
| 2020 | 2.85% | ▼ 0.17% |
| 2019 | 3.01% | ▲ 0.33% |
| 2018 | 2.68% | ▲ 0.92% |
| 2017 | 1.76% | ▲ 0.06% |
| 2016 | 1.70% | ▲ 0.06% |
| 2015 | 1.63% | ▼ 0.41% |
| 2014 | 2.04% | ▼ 1.83% |
| 2013 | 3.87% | ▼ 1.31% |
| 2012 | 5.19% | ▲ 1.18% |
| 2011 | 4.00% | ▼ 1.40% |
| 2010 | 5.40% | ▼ 6.61% |
| 2009 | 12.00% | ▼ 0.69% |
| 2008 | 12.69% | ▲ 7.64% |
| 2007 | 5.05% | ▼ 1.64% |
| 2006 | 6.69% | ▲ 2.70% |
| 2005 | 3.99% | ▲ 0.83% |
| 2004 | 3.16% | ▲ 1.10% |
| 2003 | 2.06% | ▼ 3.14% |
| 2002 | 5.20% | ▼ 1.21% |
| 2001 | 6.41% | ▲ 1.27% |
| 2000 | 5.14% | ▲ 1.90% |
| 1999 | 3.23% | ▲ 1.57% |
| 1998 | 1.66% | ▼ 0.16% |
| 1997 | 1.82% | ▼ 0.45% |
| 1996 | 2.26% | ▲ 0.61% |
| 1995 | 1.65% | ▲ 0.10% |
| 1994 | 1.55% | ▼ 2.49% |
| 1993 | 4.04% | ▲ 0.10% |
| 1992 | 3.95% | ▼ 2.86% |
| 1991 | 6.81% | ▼ 8.70% |
| 1990 | 15.51% | ▼ 5.25% |
| 1989 | 20.76% | ▼ 4.97% |
| 1988 | 25.73% | ▲ 7.43% |
| 1987 | 18.30% | ▼ 3.83% |
| 1986 | 22.13% | ▼ 9.87% |
| 1985 | 31.99% | ▲ 1.14% |
| 1984 | 30.85% | ▼ 53.10% |
| 1983 | 83.95% | ▲ 33.71% |
| 1982 | 50.24% | ▼ 1.55% |
| 1981 | 51.79% | ▼ 6.74% |
| 1980 | 58.53% | ▲ 14.08% |
| 1979 | 44.44% | ▲ 0.69% |
| 1978 | 43.75% | ▲ 13.43% |
| 1977 | 30.32% | ▼ 1.72% |
| 1976 | 32.04% | ▼ 17.33% |
| 1975 | 49.36% | ▲ 6.85% |
| 1974 | 42.52% | ▲ 21.16% |
| 1973 | 21.35% | ▲ 11.54% |
| 1972 | 9.81% | ▲ 3.08% |
| 1971 | 6.73% | ▼ 6.64% |
| 1970 | 13.37% | ▼ 8.39% |
| 1969 | 21.76% | ▲ 6.53% |
| 1968 | 15.23% | ▲ 11.91% |
| 1967 | 3.32% | ▼ 7.37% |
| 1966 | 10.69% | ▲ 3.37% |
| 1965 | 7.32% | ▼ 11.93% |
| 1964 | 19.25% | ▲ 6.32% |
| 1963 | 12.93% | ▲ 1.91% |
| 1962 | 11.02% | ▲ 6.30% |
| 1961 | 4.71% | ▲ 2.72% |
| 1960 | 1.99% | — |
