Iceland

Inflation in Iceland

Inflation in Iceland: 58.6% a year in 1980 and 4.1% a year in 2025, by IMF estimates.

Latest, 2025
4.1% a year
Since 1980
−54.5 percentage points
Rank, 2025
49 of 179
counting from the highest
Projected, 2031
2.5% a year
IMF projection (World Economic Outlook, October 2026)
Watch it change on the map

% a year · IMF

Inflation in IcelandInflation in Iceland: 58.6% a year in 1980 and 4.1% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2.5% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2.5% a year in 2031.
  • The highest was 84.3% a year in 1983, the lowest 1.6% a year in 1994.

Every year

% a year · IMF

YearIceland
20254.1
20245.9
20238.7
20228.3
20214.5
20202.8
20193
20182.7
20171.8
20161.7
20151.6
20142
20133.9
20125.2
20114
20105.4
200912
200812.7
20075.1
20066.7
20054
20043.2
20032.1
20025.2
20016.4
20005.1
19993.2
19981.7
19971.8
19962.3
19951.7
19941.6
19934.1
19924
19916.8
199015.5
198914.5
198825.5
198718.8
198621.3
198532.4
198429.2
198384.3
198251
198150.9
198058.6
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearIceland
20265.6
20273.6
20282.4
20292.5
20302.5
20312.5

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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