Annual average consumer price index (CPI) in Iceland 2000-2022

Published by
Einar H. Dyvik,
Mar 3, 2025
The annual average consumer price index (CPI) in Iceland has increased steadily over the past 20 years. There was a significant increase from 2007 to 2009 following the international financial crisis, which hit the Icelandic economy hard. In 2022, the CPI increased by over 40 points compared to 2021. The monthly inflation rate increased significantly during 2022 following the COVID-19 pandemic and Russia-Ukraine war.

Annual average consumer price Index (CPI) in Iceland from 2000 to 2022

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Release date

December 2022

Region

Iceland

Survey time period

2000 to 2022

Special properties

Annual average, 1988=100

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