Iceland: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 3.49 percent as of May 2025, a decline compared to the previous value of 3.87 percent. Historically, the average for Iceland from January 1997 to May 2025 is 4.01 percent. The minimum of -2.67 percent was recorded in September 2017, while the maximum of 21.86 percent was reached in January 2009.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Iceland: Inflation, annual percent change in the CPI |
|---|---|
| 2025 May | 3.49 |
| 2025 Apr | 3.87 |
| 2025 Mar | 3.37 |
| 2025 Feb | 3.39 |
| 2025 Jan | 3.73 |
| 2024 Dec | 3.56 |
| 2024 Nov | 3.46 |
| 2024 Oct | 3.74 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 8.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 124.4168 | 6/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,083.79 | 12/2024 | billion |
| Consumer Price Index (CPI) | 131.6700 | 5/2025 | index points |
| Inflation, monthly | 0.47 | 5/2025 | percent |
| Inflation, annual | 3.49 | 5/2025 | percent |
| Private sector credit | 4,179.59 | 3/2025 | billion |
| Business credit | 1,980.88 | 3/2025 | billion |
| Household credit | 2,198.70 | 3/2025 | billion |
| Mortgage credit | 1,948.36 | 3/2025 | billion |
| Consumer credit | 250.34 | 3/2025 | billion |
| Deposit interest rate | 1.00 | 6/2025 | percent |
| Policy rate | 7.50 | 5/2025 | percent |