Iceland - Inflation Rate 2004
3.16%
+1.10pp from 2003
Iceland's inflation rate was 3.16% in 2004, increased +1.10pp from 2.06% in 2003. This was the 92nd highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Chad | -5.36% | -205.5% |
| 2nd | Mali | -3.10% | -138.6% |
| 3rd | Libya | -2.20% | -6.8% |
| 4th | Central African Republic | -2.07% | -147.1% |
| 5th | Cabo Verde | -1.89% | -259.2% |
| 6th | Maldives | -1.69% | 39.9% |
| 7th | Kosovo | -1.06% | 1.9% |
| 8th | Kiribati | -0.74% | -145.3% |
| 9th | South Africa | -0.69% | -111.7% |
| 10th | North Macedonia | -0.45% | -152.4% |
| 11th | Israel | -0.42% | -162.9% |
| 12th | Burkina Faso | -0.40% | -119.6% |
| 13th | Hong Kong SAR, China | -0.27% | 89.4% |
| 14th | Japan | -0.01% | 96.7% |
| 15th | Finland | 0.19% | -85.5% |
| 16th | Cameroon | 0.23% | -62.9% |
| 17th | Niger | 0.26% | 117.8% |
| 18th | Bosnia and Herzegovina | 0.28% | -48.4% |
| 19th | Sweden | 0.37% | -83.9% |
| 20th | Togo | 0.39% | 142.3% |
| 21st | Gabon | 0.41% | -80.6% |
| 22nd | Norway | 0.45% | -81.7% |
| 23rd | Panama | 0.47% | 718.5% |
| 24th | Senegal | 0.51% | 1,172.5% |
| 25th | Saudi Arabia | 0.52% | 7.6% |
| 26th | Oman | 0.62% | 237.8% |
| 27th | Liechtenstein | 0.80% | 25.9% |
| 28th | Switzerland | 0.80% | 26.2% |
| 29th | Brunei Darussalam | 0.81% | 171.4% |
| 30th | Benin | 0.87% | -42.0% |
| 31st | Guinea-Bissau | 0.88% | 125.4% |
| 32nd | Macao SAR, China | 0.98% | 162.9% |
| 33rd | Bahamas, The | 0.98% | -73.1% |
| 34th | Chile | 1.05% | -62.5% |
| 35th | Denmark | 1.15% | -41.1% |
| 36th | Lithuania | 1.16% | 208.1% |
| 37th | Kuwait | 1.25% | 29.9% |
| 38th | Netherlands | 1.26% | -43.2% |
| 39th | Curaçao | 1.38% | -15.6% |
| 40th | United Kingdom | 1.39% | 2.1% |
| 41st | Barbados | 1.39% | -10.5% |
| 42nd | Vanuatu | 1.42% | -53.0% |
| 43rd | Malaysia | 1.42% | 32.3% |
| 44th | San Marino | 1.43% | 7.0% |
| 45th | Côte d'Ivoire | 1.46% | -55.8% |
| 46th | St. Lucia | 1.46% | 41.2% |
| 47th | Morocco | 1.49% | 33.6% |
| 48th | Singapore | 1.66% | 241.4% |
| 49th | Germany | 1.67% | 55.1% |
| 50th | Lebanon | 1.67% | 31.9% |
| 51st | Canada | 1.86% | -32.7% |
| 52nd | Marshall Islands | 2.01% | - |
| 53rd | Antigua and Barbuda | 2.03% | 1.8% |
| 54th | Croatia | 2.06% | -14.3% |
| 55th | Austria | 2.06% | 58.3% |
| 56th | Belgium | 2.10% | 38.3% |
| 57th | France | 2.14% | -1.4% |
| 58th | Papua New Guinea | 2.16% | -85.3% |
| 59th | Ireland | 2.18% | -45.5% |
| 60th | Italy | 2.21% | -21.6% |
| 61st | Luxembourg | 2.23% | -12.0% |
| 62nd | Micronesia, Federated States of | 2.28% | 1,029.3% |
| 63rd | Albania | 2.28% | -3.5% |
| 64th | Cyprus | 2.29% | -42.5% |
| 65th | European Union | 2.29% | 9.3% |
| 66th | New Zealand | 2.29% | 30.6% |
| 67th | Grenada | 2.31% | 7.3% |
| 68th | St. Kitts and Nevis | 2.31% | 2.1% |
| 69th | Australia | 2.34% | -14.2% |
| 70th | Bahrain | 2.35% | 40.1% |
| 71st | Portugal | 2.37% | -26.9% |
| 72nd | Tuvalu | 2.37% | -18.7% |
| 73rd | Dominica | 2.39% | 64.8% |
| 74th | Congo, Republic of | 2.43% | 43.8% |
| 75th | Aruba | 2.53% | -30.8% |
| 76th | Puerto Rico (US) | 2.54% | 82.7% |
| 77th | United States | 2.68% | 16.5% |
| 78th | Ecuador | 2.74% | -65.4% |
| 79th | Thailand | 2.76% | 51.8% |
| 80th | Czechia | 2.76% | 2,219.4% |
| 81st | Malta | 2.79% | 44.5% |
| 82nd | Fiji | 2.83% | -33.0% |
| 83rd | Nepal | 2.84% | -40.1% |
| 84th | Greece | 2.90% | -16.0% |
| 85th | Andorra | 2.91% | -4.9% |
| 86th | St. Vincent and the Grenadines | 2.96% | 2,268.0% |
| 87th | West Bank and Gaza | 3.00% | -31.8% |
| 88th | Spain | 3.04% | -2.1% |
| 89th | Estonia | 3.05% | 119.8% |
| 90th | Montenegro | 3.10% | -58.7% |
| 91st | Djibouti | 3.12% | 96.4% |
| 92nd | Iceland | 3.16% | 53.2% |
| 93rd | Timor-Leste | 3.24% | -59.6% |
| 94th | Jordan | 3.36% | 106.6% |
| 95th | Poland | 3.38% | 360.2% |
| 96th | Eswatini | 3.45% | -52.6% |
| 97th | Korea | 3.59% | 2.2% |
| 98th | Slovenia | 3.59% | -35.2% |
| 99th | Tunisia | 3.63% | 33.5% |
| 100th | Peru | 3.66% | 62.0% |
| 101st | Uganda | 3.72% | -57.3% |
| 102nd | Trinidad and Tobago | 3.72% | -1.6% |
| 103rd | India | 3.77% | -8.0% |
| 104th | China | 3.82% | 234.3% |
| 105th | Seychelles | 3.86% | 16.9% |
| 106th | Algeria | 3.96% | -7.0% |
| 107th | Congo, Democratic Republic of | 3.99% | -68.8% |
| 108th | Bhutan | 4.11% | 66.1% |
| 109th | Kyrgyz Republic | 4.11% | 38.2% |
| 110th | Namibia | 4.14% | -42.7% |
| 111th | Equatorial Guinea | 4.22% | -42.4% |
| 112th | Cambodia | 4.32% | 320.6% |
| 113th | Paraguay | 4.32% | -69.6% |
| 114th | Argentina | 4.42% | -67.2% |
| 115th | Syrian Arab Republic | 4.43% | -23.5% |
| 116th | Bolivia, Plurinational State of | 4.44% | 32.9% |
| 117th | El Salvador | 4.45% | 109.9% |
| 118th | Comoros | 4.47% | 20.5% |
| 119th | Myanmar | 4.53% | -90.4% |
| 120th | Guyana | 4.67% | -21.9% |
| 121st | Mexico | 4.69% | 3.0% |
| 122nd | Mauritius | 4.71% | 75.4% |
| 123rd | Tanzania | 4.74% | 6.9% |
| 124th | Philippines | 4.83% | 117.2% |
| 125th | Palau | 4.96% | 667.2% |
| 126th | Lesotho | 5.02% | -20.8% |
| 127th | United Arab Emirates | 5.04% | 61.6% |
| 128th | Georgia | 5.66% | 18.2% |
| 129th | Turkmenistan | 5.89% | 5.3% |
| 130th | Colombia | 5.90% | -17.1% |
| 131st | Indonesia | 6.06% | -10.7% |
| 132nd | Bulgaria | 6.15% | 161.8% |
| 133rd | Latvia | 6.19% | 110.6% |
| 134th | Belize | 6.39% | 144.0% |
| 135th | Brazil | 6.60% | -55.2% |
| 136th | Azerbaijan | 6.71% | 217.1% |
| 137th | Hungary | 6.74% | 44.6% |
| 138th | Qatar | 6.80% | 200.9% |
| 139th | Kazakhstan | 6.88% | 7.9% |
| 140th | Botswana | 6.95% | -24.4% |
| 141st | Armenia | 6.96% | 48.7% |
| 142nd | Solomon Islands | 6.99% | -30.7% |
| 143rd | Tajikistan | 7.14% | -56.3% |
| 144th | Uzbekistan | 7.33% | -41.4% |
| 145th | Pakistan | 7.44% | 140.0% |
| 146th | Slovak Republic | 7.55% | -10.3% |
| 147th | Sri Lanka | 7.58% | -15.5% |
| 148th | Guatemala | 7.58% | 35.3% |
| 149th | Bangladesh | 7.59% | 95.5% |
| 150th | Viet Nam | 7.75% | 149.4% |
| 151st | Liberia | 7.83% | -24.2% |
| 152nd | Honduras | 8.11% | 5.8% |
| 153rd | Burundi | 8.18% | -23.2% |
| 154th | Mongolia | 8.24% | 59.4% |
| 155th | Nicaragua | 8.47% | 59.8% |
| 156th | Türkiye | 8.60% | -66.1% |
| 157th | Ukraine | 9.05% | 73.7% |
| 158th | Uruguay | 9.16% | -52.7% |
| 159th | Sudan | 9.66% | 48.8% |
| 160th | Suriname | 9.99% | -56.6% |
| 161st | Mauritania | 10.37% | 101.2% |
| 162nd | Lao PDR | 10.46% | -32.5% |
| 163rd | Russian Federation | 10.89% | -20.3% |
| 164th | Tonga | 10.97% | 2.9% |
| 165th | Serbia | 11.03% | 280.1% |
| 166th | Egypt, Arab Republic of | 11.27% | 230.3% |
| 167th | Malawi | 11.43% | 19.3% |
| 168th | Kenya | 11.62% | 18.6% |
| 169th | Romania | 11.87% | -22.7% |
| 170th | Rwanda | 12.25% | 64.5% |
| 171st | Costa Rica | 12.31% | 30.3% |
| 172nd | Yemen, Republic of | 12.52% | 15.5% |
| 173rd | Moldova | 12.52% | 7.3% |
| 174th | Mozambique | 12.63% | -6.1% |
| 175th | Sierra Leone | 12.92% | 223.8% |
| 176th | São Tomé and Principe | 13.29% | 35.7% |
| 177th | Jamaica | 13.55% | 33.8% |
| 178th | Madagascar | 13.96% | 919.0% |
| 179th | Gambia, The | 14.21% | -16.6% |
| 180th | Iran, Islamic Republic of | 14.76% | -5.2% |
| 181st | Nigeria | 15.00% | 6.9% |
| 182nd | Samoa | 16.31% | 273.6% |
| 183rd | Afghanistan | 16.36% | -54.1% |
| 184th | Guinea | 17.46% | 58.2% |
| 185th | Zambia | 17.97% | -16.0% |
| 186th | Ghana | 18.04% | -32.2% |
| 187th | Belarus | 18.11% | -36.2% |
| 188th | Haiti | 21.03% | -5.4% |
| 189th | Eritrea | 25.11% | 10.8% |
| 190th | Iraq | 26.96% | -19.8% |
| 191st | Angola | 43.54% | -55.7% |
| 192nd | Dominican Republic | 51.46% | 87.5% |
| 193rd | Zimbabwe | 113.57% | 1,426.0% |
FAQ
What was Iceland's inflation rate in 2004?▾
Iceland's inflation rate in 2004 was 3.16%. This ranked 92nd globally.
How did Iceland's inflation rate change in 2004?▾
Iceland's inflation rate increased by 53.2% in 2004 compared to 2003.
Which country had the highest inflation rate in 2004?▾
Zimbabwe had the highest inflation rate in 2004 at 113.57%.
What is the inflation rate of Iceland in 2004?▾
The inflation rate of Iceland in 2004 was 3.16%. This ranked 92nd globally.
How does 2004 compare to 2003 for Iceland's inflation rate?▾
Iceland's inflation rate went from 2.06% in 2003 to 3.16% in 2004, a 53.2% increase.
Related
2003
2005
All years
Full ranking 2004
Consumer Price Index
PPP Conversion Factor
Peak: 1983
Lowest: 1994
Inflation Rate 1990s
Inflation Rate 2000s
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Inflation Rate 2020s
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