In 2025, Iceland ranked first by average inflation rate among the 5 countries presented in the ranking. Iceland's inflation amounted to **** percent, while Norway and Sweden, the second and third countries, had records amounting to **** percent and **** percent, respectively.
This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.
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IMF. (December 22, 2025). Average inflation rate in Nordic countries from 1980 to 2031, by country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1201593/inflation-rate-forecasts-in-the-nordics/
IMF. "Average inflation rate in Nordic countries from 1980 to 2031, by country." Chart. December 22, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1201593/inflation-rate-forecasts-in-the-nordics/
IMF. (2025). Average inflation rate in Nordic countries from 1980 to 2031, by country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1201593/inflation-rate-forecasts-in-the-nordics/
IMF. "Average Inflation Rate in Nordic Countries from 1980 to 2031, by Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Dec 2025, /statistics/1201593/inflation-rate-forecasts-in-the-nordics/
IMF, Average inflation rate in Nordic countries from 1980 to 2031, by country ÌÇÐÄÆƽâ°æ, /statistics/1201593/inflation-rate-forecasts-in-the-nordics/ (last visited July 24, 2026)
Average inflation rate in Nordic countries from 1980 to 2031, by country [Graph], IMF, December 22, 2025. [Online]. Available: /statistics/1201593/inflation-rate-forecasts-in-the-nordics/
