Iceland: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 3.58 percent as of December 2024, an increase compared to the previous value of 3.48 percent. Historically, the average for Iceland from January 1997 to December 2024 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 |
|---|---|
| 2024 Dec | 3.58 |
| 2024 Nov | 3.48 |
| 2024 Oct | 3.76 |
| 2024 Sep | 3.39 |
| 2024 Aug | 4.33 |
| 2024 Jul | 5.05 |
| 2024 Jun | 4.98 |
| 2024 May | 5.19 |
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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 | 140.2478 | 1/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,083.79 | 12/2024 | billion |
| Consumer Price Index (CPI) | 128.2100 | 12/2024 | index points |
| Inflation, monthly | 0.25 | 12/2024 | percent |
| Inflation, annual | 3.58 | 12/2024 | percent |
| Private sector credit | 4,147.45 | 12/2024 | billion |
| Business credit | 1,948.41 | 12/2024 | billion |
| Household credit | 2,199.04 | 12/2024 | billion |
| Mortgage credit | 1,940.34 | 12/2024 | billion |
| Consumer credit | 258.69 | 12/2024 | billion |
| Deposit interest rate | 2.13 | 12/2024 | percent |
| Policy rate | 8.50 | 12/2024 | percent |