Inflation calculator · Iceland
What an amount from any year since 2006 is worth today, from the official consumer price index.
Kept as cash, ISK 100,000 from 2016 buys what ISK 73,475 bought then. Official consumer price index; 2026 is an estimate.
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Inflation in Iceland since 2006: what your money is worth today
Inflation means the same amount of money buys less over time. The calculator above uses the official consumer price index to show what an amount from any year since 2006 is worth today, and compares it with other countries.
What ISK 100,000 from each year is worth in 2026
| From | Prices since then | ISK 100,000 then is like … today | ISK 100,000 kept since then buys |
|---|---|---|---|
| 2006 | +133.4% | ISK 233,400 | ISK 42,845 |
| 2008 | +99.7% | ISK 199,700 | ISK 50,075 |
| 2010 | +59.7% | ISK 159,700 | ISK 62,617 |
| 2012 | +44.6% | ISK 144,600 | ISK 69,156 |
| 2014 | +37.6% | ISK 137,600 | ISK 72,674 |
| 2016 | +36.1% | ISK 136,100 | ISK 73,475 |
| 2018 | +37.5% | ISK 137,500 | ISK 72,727 |
| 2020 | +33.2% | ISK 133,200 | ISK 75,075 |
| 2021 | +28.4% | ISK 128,400 | ISK 77,882 |
| 2022 | +21.5% | ISK 121,500 | ISK 82,305 |
| 2023 | +12.5% | ISK 112,500 | ISK 88,889 |
| 2024 | +7.6% | ISK 107,600 | ISK 92,937 |
| 2025 | +3.8% | ISK 103,800 | ISK 96,339 |
National consumer price index; 2026 is an estimate. The highest yearly inflation in this period was 16.3% in 2009.
Frequently asked questions
What is ISK 100,000 from 2016 worth today?
About ISK 136,100 in 2026 money: prices rose 36.1%. Kept as cash, ISK 100,000 from 2016 buys what ISK 73,475 bought then.
What was the highest inflation in Iceland since 2006?
16.3% in 2009.
Rules and official sources: see “Rules applied (2026)” in the calculator. Last checked: October 2026. Estimates for information, not financial advice.
Other questions about pay in Iceland: What is my hourly wage? · What do I take home part-time? · How much unemployment benefit would I get? · How much notice must my employer give? · When can I retire?