Iceland Inflation Rate 1970s

Consumer price inflation, annual % · World Bank
29.37% decade average (1970-1979)

Iceland's inflation rate during the 1970s ranged from 6.73% (1971) to 49.36% (1975), averaging 29.37% over 10 years of data.

1970s Data
YearValueChangeRank
1970 13.37% −8.39pp 85th
1971 6.73% −6.64pp 72nd
1972 9.81% +3.08pp 84th
1973 21.35% +11.54pp 91st
1974 42.52% +21.16pp 97th
1975 49.36% +6.85pp 100th
1976 32.04% −17.33pp 98th
1977 30.32% −1.72pp 97th
1978 43.75% +13.43pp 99th
1979 44.44% +0.69pp 97th