Economy
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2026-07-31
Iceland's inflation rate stands at 5.3% as of 2026-07-31, up from 5.2% in 2026-06-30. Historical data runs from 1990 to 2026 (439 observations).
In 2026-07-31, Iceland's inflation rate was 5.3%, up from 5.2% in 2026-06-30.
In 2026-06-30, Iceland's inflation rate was 5.2%, up from 5.1% in 2026-05-31.
In 2026-05-31, Iceland's inflation rate was 5.1%, down from 5.2% in 2026-04-30.
In 2026-04-30, Iceland's inflation rate was 5.2%, down from 5.4% in 2026-03-31.
In 2026-03-31, Iceland's inflation rate was 5.4%, up from 5.2% in 2026-02-28.
| Date | Value | Change |
|---|---|---|
| 2026-07-31 | 5.3% | +0.1% |
| 2026-06-30 | 5.2% | +0.1% |
| 2026-05-31 | 5.1% | -0.1% |
| 2026-04-30 | 5.2% | -0.2% |
| 2026-03-31 | 5.4% | +0.2% |
| 2026-02-28 | 5.2% | +0% |
| 2026-01-31 | 5.2% | +0.7086% |
| 2025-12-31 | 4.49% | +0.7942% |
| 2025-11-30 | 3.7% | -0.6097% |
| 2025-10-31 | 4.31% | +0.1928% |
| 2025-09-30 | 4.11% | +0.3573% |
| 2025-08-31 | 3.76% | -0.2555% |
| 2025-07-31 | 4.01% | -0.1302% |
| 2025-06-30 | 4.14% | +0.3649% |
| 2025-05-31 | 3.78% | -0.3827% |
| 2025-04-30 | 4.16% | +0.3763% |
| 2025-03-31 | 3.78% | -0.4304% |
| 2025-02-28 | 4.21% | -0.4356% |
| 2025-01-31 | 4.65% | -0.0961% |
| 2024-12-31 | 4.75% | -0.028% |
| 2024-11-30 | 4.77% | -0.2976% |
| 2024-10-31 | 5.07% | -0.3331% |
| 2024-09-30 | 5.4% | -0.6201% |
| 2024-08-31 | 6.03% | -0.2453% |
| 2024-07-31 | 6.27% | +0.4372% |
| 2024-06-30 | 5.83% | -0.3795% |
| 2024-05-31 | 6.21% | +0.189% |
| 2024-04-30 | 6.02% | -0.7834% |
| 2024-03-31 | 6.81% | +0.2101% |
| 2024-02-29 | 6.6% | -0.0615% |
| 2024-01-31 | 6.66% | -1.09% |
| 2023-12-31 | 7.75% | -0.2609% |
| 2023-11-30 | 8.01% | +0.1159% |
| 2023-10-31 | 7.9% | -0.0673% |
| 2023-09-30 | 7.96% | +0.269% |
| 2023-08-31 | 7.69% | +0.0479% |
| 2023-07-31 | 7.65% | -1.23% |
| 2023-06-30 | 8.87% | -0.5938% |
| 2023-05-31 | 9.47% | -0.4223% |
| 2023-04-30 | 9.89% | +0.0809% |
| 2023-03-31 | 9.81% | -0.3872% |
| 2023-02-28 | 10.2% | +0.2529% |
| 2023-01-31 | 9.94% | +0.388% |
| 2022-12-31 | 9.55% | +0.2218% |
| 2022-11-30 | 9.33% | -0.0724% |
| 2022-10-31 | 9.41% | +0.067% |
| 2022-09-30 | 9.34% | -0.3969% |
| 2022-08-31 | 9.74% | -0.1944% |
| 2022-07-31 | 9.93% | +1.11% |
| 2022-06-30 | 8.82% | +1.23% |
| 2022-05-31 | 7.59% | +0.3594% |
| 2022-04-30 | 7.23% | +0.5638% |
| 2022-03-31 | 6.67% | +0.479% |
| 2022-02-28 | 6.19% | +0.5036% |
| 2022-01-31 | 5.68% | +0.5723% |
| 2021-12-31 | 5.11% | +0.2682% |
| 2021-11-30 | 4.84% | +0.3064% |
| 2021-10-31 | 4.54% | +0.1862% |
| 2021-09-30 | 4.35% | +0.0798% |
| 2021-08-31 | 4.27% | +0.0085% |
| 2021-07-31 | 4.26% | +0.0166% |
| 2021-06-30 | 4.25% | -0.1977% |
| 2021-05-31 | 4.44% | -0.1033% |
| 2021-04-30 | 4.55% | +0.2108% |
| 2021-03-31 | 4.34% | +0.284% |
| 2021-02-28 | 4.05% | -0.2467% |
| 2021-01-31 | 4.3% | +0.7238% |
| 2020-12-31 | 3.58% | +0.0827% |
| 2020-11-30 | 3.49% | -0.0778% |
| 2020-10-31 | 3.57% | +0.0671% |
| 2020-09-30 | 3.5% | +0.3047% |
| 2020-08-31 | 3.2% | +0.1752% |
| 2020-07-31 | 3.02% | +0.3725% |
| 2020-06-30 | 2.65% | +0.0743% |
| 2020-05-31 | 2.58% | +0.3109% |
| 2020-04-30 | 2.27% | +0.1347% |
| 2020-03-31 | 2.13% | -0.3078% |
| 2020-02-29 | 2.44% | +0.7404% |
| 2020-01-31 | 1.7% | -0.3322% |
| 2019-12-31 | 2.03% | -0.6255% |
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's inflation rate is 5.3% as of 2026-07-31, compared with 5.2% in 2026-06-30. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).
The highest recorded value is 23.91% (1990-02-28); the lowest is 0% (1994-10-31), across data from 1990 to 2026.
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures are republished with attribution and updated as the source releases new observations.