Price level index in Iceland
Iceland: Price level index was 117.85 GDP in 2025. ▬ Flat
Price level index in Iceland, 1990–2025
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2025, price level index in Iceland stood at 117.85 GDP.
The figure is up 14.7% on the previous year and up 9.5% over ten years.
Over the whole period, price level index in Iceland peaked at 167.57 GDP in 2007 and was at its lowest, 90.64 GDP, in 2001.
That places Iceland 2nd out of 203 countries with data for 2025, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 111.01 GDP | 101.94 GDP | 123.98 GDP | 10 |
| 2000s | 124.49 GDP | 90.64 GDP | 167.57 GDP | 10 |
| 2010s | 116.18 GDP | 107.62 GDP | 130.17 GDP | 10 |
| 2020s | 106.39 GDP | 99.72 GDP | 117.85 GDP | 6 |
Countries ranked near Iceland
- 1 Bermuda 119.81 GDP compare
- 3 Cayman Islands 113.11 GDP compare
- 4 Switzerland 111.95 GDP compare
- 5 Barbados 109.54 GDP compare
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is price level index in Iceland?
- Price level index in Iceland was 117.85 GDP in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Iceland?
- The highest recorded value was 167.57 GDP in 2007.
- What is the lowest price level index recorded in Iceland?
- The lowest recorded value was 90.64 GDP in 2001.
- How does Iceland rank for price level index?
- Iceland ranks 2nd out of 203 countries with data for 2025.
- Is price level index rising or falling in Iceland?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.