Iceland - Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Iceland was 4.44 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 83.95 in 1983 and a minimum value of 1.55 in 1994.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1960 | 1.99 |
| 1961 | 4.71 |
| 1962 | 11.02 |
| 1963 | 12.93 |
| 1964 | 19.25 |
| 1965 | 7.32 |
| 1966 | 10.69 |
| 1967 | 3.32 |
| 1968 | 15.23 |
| 1969 | 21.76 |
| 1970 | 13.37 |
| 1971 | 6.73 |
| 1972 | 9.81 |
| 1973 | 21.35 |
| 1974 | 42.52 |
| 1975 | 49.36 |
| 1976 | 32.04 |
| 1977 | 30.32 |
| 1978 | 43.75 |
| 1979 | 44.44 |
| 1980 | 58.53 |
| 1981 | 51.79 |
| 1982 | 50.24 |
| 1983 | 83.95 |
| 1984 | 30.85 |
| 1985 | 31.99 |
| 1986 | 22.13 |
| 1987 | 18.30 |
| 1988 | 25.73 |
| 1989 | 20.76 |
| 1990 | 15.51 |
| 1991 | 6.81 |
| 1992 | 3.95 |
| 1993 | 4.04 |
| 1994 | 1.55 |
| 1995 | 1.65 |
| 1996 | 2.26 |
| 1997 | 1.82 |
| 1998 | 1.66 |
| 1999 | 3.23 |
| 2000 | 5.14 |
| 2001 | 6.41 |
| 2002 | 5.20 |
| 2003 | 2.06 |
| 2004 | 3.16 |
| 2005 | 3.99 |
| 2006 | 6.69 |
| 2007 | 5.05 |
| 2008 | 12.69 |
| 2009 | 12.00 |
| 2010 | 5.40 |
| 2011 | 4.00 |
| 2012 | 5.19 |
| 2013 | 3.87 |
| 2014 | 2.04 |
| 2015 | 1.63 |
| 2016 | 1.70 |
| 2017 | 1.76 |
| 2018 | 2.68 |
| 2019 | 3.01 |
| 2020 | 2.85 |
| 2021 | 4.44 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
