Iceland - Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Iceland was 3.21 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 20.87 in 1969 and a minimum value of 0.49 in 2003.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 13.28
1962 11.15
1963 8.23
1964 16.18
1965 12.31
1966 10.44
1967 2.76
1968 13.71
1969 20.87
1996 2.48
1997 2.75
1998 4.71
1999 3.50
2000 4.02
2001 8.70
2002 5.87
2003 0.49
2004 2.68
2005 3.07
2006 8.62
2007 4.33
2008 12.14
2009 10.80
2010 6.37
2011 3.10
2012 3.44
2013 2.12
2014 4.14
2015 6.05
2016 2.26
2017 0.94
2018 2.65
2019 4.59
2020 3.21

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices