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Iceland Inflation (CPI)
5.9%as of 2024
Iceland's inflation (cpi) stands at 5.9% as of 2024. The indicator has increased from null% in 2014 to 5.9% in 2024. Source: World Bank WDI / IMF IFS.
Historical trend (2014–2024)
Inflation (CPI) — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 1.6% | — |
| 2016 | 1.7% | +0.1pp |
| 2017 | 1.8% | +0.1pp |
| 2018 | 2.7% | +0.9pp |
| 2019 | 3% | +0.3pp |
| 2020 | 2.8% | -0.2pp |
| 2021 | 4.4% | +1.6pp |
| 2022 | 8.3% | +3.9pp |
| 2023 | 8.7% | +0.4pp |
| 2024 | 5.9% | -2.8pp |
Source: World Bank WDI / IMF IFS. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.