Iceland Lowest Inflation Rate
Consumer price inflation, annual % · World Bank
The lowest inflation rate in Iceland was 1.55% in 1994. The top 5 years were: 1994 (1.55%), 2015 (1.63%), 1995 (1.65%), 1998 (1.66%), 2016 (1.70%).
Top 5 Lowest Years▾
Iceland Top 5 Lowest Inflation Rate Years
| Rank | Year | Value |
|---|
| 1st |
1994 |
1.55% |
| 2nd |
2015 |
1.63% |
| 3rd |
1995 |
1.65% |
| 4th |
1998 |
1.66% |
| 5th |
2016 |
1.70% |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
|---|
| 1995 |
1.65% |
+0.10pp |
13th |
| 1994 |
1.55% |
−2.53pp |
20th |
| 2020 |
2.85% |
−0.16pp |
119th |
| 1960 |
1.99% |
– |
33rd |
| 2019 |
3.01% |
+0.34pp |
129th |
| 2018 |
2.68% |
+0.91pp |
111th |
| 2017 |
1.76% |
+0.07pp |
78th |
| 2016 |
1.70% |
+0.07pp |
108th |
| 2015 |
1.63% |
−0.40pp |
107th |
| 2014 |
2.04% |
−1.84pp |
96th |
| 2003 |
2.06% |
−3.12pp |
68th |
| 1998 |
1.66% |
−0.14pp |
44th |
| 1997 |
1.82% |
−0.44pp |
32nd |
| 2004 |
3.16% |
+1.10pp |
92nd |
| 1996 |
2.26% |
+0.61pp |
35th |
| 2025 |
4.22% |
−1.64pp |
56th |
| 2021 |
4.44% |
+1.60pp |
120th |
| 2013 |
3.87% |
−1.32pp |
122nd |
| 2011 |
4.00% |
−1.39pp |
81st |
| 2005 |
3.99% |
+0.84pp |
96th |
| 1999 |
3.23% |
+1.53pp |
96th |
| 1993 |
4.04% |
+0.08pp |
55th |
| 1992 |
3.95% |
−2.86pp |
50th |
| 1967 |
3.32% |
−7.37pp |
49th |
| 2024 |
5.86% |
−2.88pp |
152nd |
| 2012 |
5.19% |
+1.20pp |
131st |
| 2010 |
5.40% |
−6.61pp |
139th |
| 2007 |
5.05% |
−1.62pp |
105th |
| 2002 |
5.20% |
−1.20pp |
125th |
| 2000 |
5.14% |
+1.92pp |
118th |
| 1961 |
4.71% |
+2.72pp |
51st |
| 2006 |
6.69% |
+2.69pp |
131st |
| 2001 |
6.41% |
+1.29pp |
134th |
| 1991 |
6.81% |
−8.70pp |
66th |
| 1971 |
6.73% |
−6.64pp |
72nd |
| 2022 |
8.31% |
+3.85pp |
106th |
| 1965 |
7.32% |
−11.93pp |
64th |
| 2023 |
8.74% |
+0.43pp |
140th |
| 1972 |
9.81% |
+3.08pp |
84th |
| 1966 |
10.69% |
+3.37pp |
72nd |
| 2009 |
12.00% |
−0.68pp |
180th |
| 1962 |
11.02% |
+6.30pp |
67th |
| 2008 |
12.69% |
+7.63pp |
148th |
| 1970 |
13.37% |
−8.39pp |
85th |
| 1963 |
12.93% |
+1.91pp |
64th |
| 1990 |
15.51% |
+1.01pp |
103rd |
| 1968 |
15.23% |
+11.91pp |
83rd |
| 1987 |
18.30% |
−2.98pp |
115th |
| 1964 |
19.25% |
+6.32pp |
69th |
| 1989 |
20.76% |
−4.70pp |
118th |
| 1986 |
22.13% |
−10.25pp |
118th |
| 1973 |
21.35% |
+11.54pp |
91st |
| 1969 |
21.76% |
+6.53pp |
89th |
| 1988 |
25.73% |
+6.96pp |
119th |
| 1984 |
30.85% |
−53.42pp |
128th |
| 1977 |
30.32% |
−1.72pp |
97th |
| 1985 |
31.99% |
+2.82pp |
128th |
| 1976 |
32.04% |
−17.33pp |
98th |
| 1974 |
42.52% |
+21.16pp |
97th |
| 1979 |
44.44% |
+0.69pp |
97th |
| 1978 |
43.75% |
+13.43pp |
99th |
| 1982 |
50.24% |
−0.62pp |
137th |
| 1975 |
49.36% |
+6.85pp |
100th |
| 1981 |
51.79% |
−6.75pp |
141st |
| 1980 |
58.53% |
+14.08pp |
132nd |
| 1983 |
83.95% |
+32.93pp |
140th |
Show all