Iceland - Inflation Rate 1987
18.30%
−2.98pp from 1986
Iceland's inflation rate was 18.30% in 1987, decreased +2.98pp from 22.13% in 1986. This was the 115th highest globally.
Global Ranking - 1987▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Cambodia | -31.25% | - |
| 2nd | Mali | -14.94% | -976.9% |
| 3rd | Equatorial Guinea | -13.17% | 25.3% |
| 4th | Haiti | -11.45% | -449.1% |
| 5th | Kiribati | -10.21% | -254.5% |
| 6th | Central African Republic | -6.99% | -389.8% |
| 7th | Niger | -6.71% | -106.8% |
| 8th | Chad | -5.97% | 54.2% |
| 9th | Senegal | -4.14% | -167.6% |
| 10th | Burkina Faso | -2.68% | 0.7% |
| 11th | Bahrain | -1.75% | 30.2% |
| 12th | Saudi Arabia | -1.55% | 50.4% |
| 13th | Benin | -1.34% | -423.4% |
| 14th | Gabon | -0.95% | -114.8% |
| 15th | Grenada | -0.87% | -256.6% |
| 16th | Netherlands | -0.69% | -929.3% |
| 17th | Jordan | -0.20% | -107.1% |
| 18th | Luxembourg | -0.06% | -118.9% |
| 19th | Togo | 0.05% | -98.7% |
| 20th | Japan | 0.13% | -79.2% |
| 21st | Germany | 0.25% | 299.9% |
| 22nd | Malaysia | 0.29% | -17.1% |
| 23rd | Malta | 0.43% | -78.7% |
| 24th | Congo, Republic of | 0.44% | -87.4% |
| 25th | Mauritius | 0.52% | -88.0% |
| 26th | Singapore | 0.52% | 137.9% |
| 27th | Kuwait | 0.65% | -31.3% |
| 28th | St. Kitts and Nevis | 0.96% | 3,420.7% |
| 29th | Panama | 1.00% | 1,609.7% |
| 30th | Romania | 1.10% | 57.1% |
| 31st | Brunei Darussalam | 1.25% | -30.0% |
| 32nd | Austria | 1.40% | -19.3% |
| 33rd | Switzerland | 1.44% | 93.9% |
| 34th | Belgium | 1.55% | 19.9% |
| 35th | Angola | 1.83% | 0.0% |
| 36th | Belize | 2.01% | 153.4% |
| 37th | Puerto Rico (US) | 2.08% | 980.5% |
| 38th | Thailand | 2.47% | 33.8% |
| 39th | Honduras | 2.49% | -42.9% |
| 40th | Oman | 2.56% | -66.5% |
| 41st | Seychelles | 2.59% | 8.2% |
| 42nd | Qatar | 2.69% | 41.6% |
| 43rd | Morocco | 2.70% | -69.1% |
| 44th | Bulgaria | 2.73% | 1.0% |
| 45th | Cyprus | 2.79% | 129.2% |
| 46th | Korea | 3.05% | 10.9% |
| 47th | Ireland | 3.16% | 3.9% |
| 48th | France | 3.29% | 29.5% |
| 49th | Comoros | 3.30% | 129.2% |
| 50th | St. Vincent and the Grenadines | 3.31% | 186.5% |
| 51st | Barbados | 3.31% | 1,564.2% |
| 52nd | Papua New Guinea | 3.34% | -38.8% |
| 53rd | Antigua and Barbuda | 3.60% | 620.4% |
| 54th | Aruba | 3.64% | 239.2% |
| 55th | United States | 3.66% | 88.5% |
| 56th | Cabo Verde | 3.85% | -65.4% |
| 57th | Denmark | 4.02% | 8.1% |
| 58th | European Union | 4.02% | 9.3% |
| 59th | Dominica | 4.02% | 33.4% |
| 60th | Philippines | 4.07% | 1,352.2% |
| 61st | Djibouti | 4.09% | -77.5% |
| 62nd | Finland | 4.11% | 41.8% |
| 63rd | Rwanda | 4.13% | 475.7% |
| 64th | United Kingdom | 4.15% | 14.4% |
| 65th | Sweden | 4.19% | -1.0% |
| 66th | Libya | 4.36% | 28.9% |
| 67th | Canada | 4.36% | 4.4% |
| 68th | Samoa | 4.57% | 70.3% |
| 69th | Pakistan | 4.68% | 35.0% |
| 70th | Tonga | 4.69% | -84.3% |
| 71st | Italy | 4.75% | -18.4% |
| 72nd | Spain | 5.25% | -40.3% |
| 73rd | United Arab Emirates | 5.50% | 1.2% |
| 74th | Hong Kong SAR, China | 5.65% | 58.2% |
| 75th | Fiji | 5.66% | 216.4% |
| 76th | Bahamas, The | 5.76% | 6.3% |
| 77th | Lao PDR | 6.11% | -82.5% |
| 78th | Bhutan | 6.33% | 22.3% |
| 79th | Jamaica | 6.65% | -72.7% |
| 80th | Côte d'Ivoire | 6.94% | 1.6% |
| 81st | St. Lucia | 7.02% | 223.0% |
| 82nd | Burundi | 7.11% | 288.9% |
| 83rd | China | 7.23% | 11.3% |
| 84th | Algeria | 7.44% | -46.9% |
| 85th | Sri Lanka | 7.72% | -3.2% |
| 86th | Mauritania | 8.15% | 9.7% |
| 87th | Tunisia | 8.23% | 33.6% |
| 88th | Australia | 8.53% | -5.7% |
| 89th | Kenya | 8.64% | 240.9% |
| 90th | Hungary | 8.67% | 63.9% |
| 91st | Norway | 8.72% | 21.5% |
| 92nd | India | 8.80% | -1.0% |
| 93rd | Indonesia | 9.28% | 59.4% |
| 94th | Portugal | 9.63% | -17.4% |
| 95th | Maldives | 9.70% | 6.6% |
| 96th | Botswana | 9.80% | -2.0% |
| 97th | Bangladesh | 9.87% | -4.3% |
| 98th | Nepal | 10.75% | -32.2% |
| 99th | Trinidad and Tobago | 10.75% | 39.7% |
| 100th | Solomon Islands | 10.99% | -16.1% |
| 101st | Nigeria | 11.29% | 97.5% |
| 102nd | Lesotho | 11.75% | -25.1% |
| 103rd | Guatemala | 12.32% | -62.4% |
| 104th | Zimbabwe | 12.79% | 19.9% |
| 105th | Cameroon | 13.14% | 205.5% |
| 106th | Eswatini | 13.38% | -2.6% |
| 107th | Dominican Republic | 13.55% | 77.4% |
| 108th | Bolivia, Plurinational State of | 14.58% | -94.7% |
| 109th | Madagascar | 14.99% | 3.5% |
| 110th | New Zealand | 15.74% | 19.1% |
| 111th | Vanuatu | 16.04% | 236.5% |
| 112th | South Africa | 16.16% | -11.4% |
| 113th | Greece | 16.40% | -28.8% |
| 114th | Costa Rica | 16.84% | 42.9% |
| 115th | Iceland | 18.30% | -14.0% |
| 116th | Israel | 19.08% | -60.4% |
| 117th | Egypt, Arab Republic of | 19.69% | -17.6% |
| 118th | Chile | 19.88% | 2.1% |
| 119th | Sudan | 20.56% | -65.7% |
| 120th | Paraguay | 21.81% | -31.2% |
| 121st | Colombia | 23.30% | 23.6% |
| 122nd | Gambia, The | 23.53% | -58.4% |
| 123rd | Myanmar | 24.76% | 165.5% |
| 124th | El Salvador | 24.86% | -22.2% |
| 125th | São Tomé and Principe | 25.00% | 79.9% |
| 126th | Malawi | 25.16% | 77.4% |
| 127th | Poland | 26.38% | 48.3% |
| 128th | Iran, Islamic Republic of | 28.57% | 20.4% |
| 129th | Guyana | 28.70% | 263.3% |
| 130th | Ecuador | 29.50% | 28.1% |
| 131st | Tanzania | 29.95% | -7.6% |
| 132nd | Guinea | 36.89% | -43.0% |
| 133rd | Türkiye | 38.86% | 12.2% |
| 134th | Ghana | 39.82% | 62.3% |
| 135th | Zambia | 47.05% | -2.0% |
| 136th | Suriname | 53.39% | 186.1% |
| 137th | Syrian Arab Republic | 59.48% | 64.4% |
| 138th | Uruguay | 63.57% | -16.8% |
| 139th | Congo, Democratic Republic of | 78.67% | 68.4% |
| 140th | Peru | 85.82% | 10.1% |
| 141st | Guinea-Bissau | 86.77% | 226.8% |
| 142nd | Mexico | 131.83% | 52.5% |
| 143rd | Slovenia | 132.07% | 37.7% |
| 144th | Croatia | 133.33% | 166.7% |
| 145th | Mozambique | 164.12% | 305.3% |
| 146th | Sierra Leone | 178.70% | 121.0% |
| 147th | Uganda | 215.40% | 49.8% |
| 148th | Brazil | 228.34% | 55.2% |
| 149th | Viet Nam | 360.36% | -20.5% |
| 150th | Lebanon | 487.20% | 410.7% |
| 151st | Nicaragua | 13,109.50% | 1,381.0% |
FAQ
What was Iceland's inflation rate in 1987?▾
Iceland's inflation rate in 1987 was 18.30%. This ranked 115th globally.
How did Iceland's inflation rate change in 1987?▾
Iceland's inflation rate decreased by 14.0% in 1987 compared to 1986.
Which country had the highest inflation rate in 1987?▾
Nicaragua had the highest inflation rate in 1987 at 13,109.50%.
What is the inflation rate of Iceland in 1987?▾
The inflation rate of Iceland in 1987 was 18.30%. This ranked 115th globally.
How does 1987 compare to 1986 for Iceland's inflation rate?▾
Iceland's inflation rate went from 22.13% in 1986 to 18.30% in 1987, a 14.0% decrease.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →
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