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

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  • 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
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