Commodity Import Price Index, Individual Commodites Weighted by Ratio in Iceland
Iceland: Commodity Import Price Index, Individual Commodites Weighted by Ratio was 98.7 in 2025. ▬ Flat
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Iceland, 1962–2025
Source: International Monetary Fund.
Analysis
Iceland recorded 98.7 for commodity import price index, individual commodites weighted by ratio in 2025.
That represents a change of down 0.6% on the previous year and up 0.8% over ten years.
Over the whole period, commodity import price index, individual commodites weighted by ratio in Iceland peaked at 100.27 in 2011 and was at its lowest, 94.45, in 1998.
That places Iceland 64th out of 180 countries with data for 2025, putting it in the middle of the range.
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 94.86 | — |
| 1963 | 94.84 | -0.0% |
| 1964 | 94.74 | -0.1% |
| 1965 | 94.59 | -0.2% |
| 1966 | 94.54 | -0.1% |
| 1967 | 94.52 | -0.0% |
| 1968 | 94.57 | +0.0% |
| 1969 | 94.61 | +0.0% |
| 1970 | 94.5 | -0.1% |
| 1971 | 94.5 | -0.0% |
| 1972 | 94.57 | +0.1% |
| 1973 | 94.88 | +0.3% |
| 1974 | 97.38 | +2.6% |
| 1975 | 96.82 | -0.6% |
| 1976 | 97.27 | +0.5% |
| 1977 | 97.56 | +0.3% |
| 1978 | 97.13 | -0.4% |
| 1979 | 98.76 | +1.7% |
| 1980 | 98.91 | +0.2% |
| 1981 | 98.39 | -0.5% |
| 1982 | 98.26 | -0.1% |
| 1983 | 98.04 | -0.2% |
| 1984 | 97.78 | -0.3% |
| 1985 | 97.62 | -0.2% |
| 1986 | 95.63 | -2.0% |
| 1987 | 95.93 | +0.3% |
| 1988 | 95.17 | -0.8% |
| 1989 | 95.52 | +0.4% |
| 1990 | 96.04 | +0.5% |
| 1991 | 95.3 | -0.8% |
| 1992 | 95.27 | -0.0% |
| 1993 | 94.95 | -0.3% |
| 1994 | 94.99 | +0.0% |
| 1995 | 95.17 | +0.2% |
| 1996 | 95.47 | +0.3% |
| 1997 | 95.48 | +0.0% |
| 1998 | 94.45 | -1.1% |
| 1999 | 95.22 | +0.8% |
| 2000 | 96.47 | +1.3% |
| 2001 | 96.15 | -0.3% |
| 2002 | 96.25 | +0.1% |
| 2003 | 96.62 | +0.4% |
| 2004 | 97.32 | +0.7% |
| 2005 | 98.25 | +1.0% |
| 2006 | 98.95 | +0.7% |
| 2007 | 99.19 | +0.2% |
| 2008 | 100.04 | +0.9% |
| 2009 | 98.52 | -1.5% |
| 2010 | 99.43 | +0.9% |
| 2011 | 100.27 | +0.8% |
| 2012 | 100 | -0.3% |
| 2013 | 100.1 | +0.1% |
| 2014 | 99.91 | -0.2% |
| 2015 | 97.95 | -2.0% |
| 2016 | 97.8 | -0.2% |
| 2017 | 98.48 | +0.7% |
| 2018 | 99.16 | +0.7% |
| 2019 | 98.67 | -0.5% |
| 2020 | 97.63 | -1.0% |
| 2021 | 99.22 | +1.6% |
| 2022 | 100.05 | +0.8% |
| 2023 | 99.37 | -0.7% |
| 2024 | 99.27 | -0.1% |
| 2025 | 98.7 | -0.6% |
Iceland compared with similar countries
- Iceland's 98.7 is above the median for high income countries, which is 98.54, 1.0× the median. (59 countries reporting)
- Iceland's 98.7 is above the median for Europe & Central Asia, which is 98.46, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 94.66 | 94.52 | 94.86 | 8 |
| 1970s | 96.34 | 94.5 | 98.76 | 10 |
| 1980s | 97.13 | 95.17 | 98.91 | 10 |
| 1990s | 95.23 | 94.45 | 96.04 | 10 |
| 2000s | 97.78 | 96.15 | 100.04 | 10 |
| 2010s | 99.18 | 97.8 | 100.27 | 10 |
| 2020s | 99.04 | 97.63 | 100.05 | 6 |
Countries ranked near Iceland
More trade data for Iceland
- Commodity Net Export Price Index, Individual Commodities Weighted by 137.33 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.33 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 106.92 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 138.52 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.38 (2025)
- Imports of low carbon technology products, Percent of GDP 1.91 (2024)
- Imports of low carbon technology products, US dollar (World), per 1,639 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0191 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 28.87 million (2024)
- Exports of low carbon technology products, US dollar (World), per 74.69 units per person (2024)
Frequently asked questions
- What is commodity import price index, individual commodites weighted by ratio in Iceland?
- Commodity import price index, individual commodites weighted by ratio in Iceland was 98.7 in 2025, according to International Monetary Fund.
- What is the highest commodity import price index, individual commodites weighted by ratio recorded in Iceland?
- The highest recorded value was 100.27 in 2011.
- What is the lowest commodity import price index, individual commodites weighted by ratio recorded in Iceland?
- The lowest recorded value was 94.45 in 1998.
- How does Iceland rank for commodity import price index, individual commodites weighted by ratio?
- Iceland ranks 64th out of 180 countries with data for 2025.
- Is commodity import price index, individual commodites weighted by ratio rising or falling in Iceland?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Commodity Import Price Index, Individual Commodites Weighted by Ratio of Imports to GDP (Historical, Fixed Weights, Index). Statizoid updates them automatically from the source API.
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About this data
CTOT is a comprehensive database of country-specific commodity price indices for 182 economies covering the period from 1962 onwards. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index—which proxies the windfall gains and losses of income associated with changes in world prices—as well as additional country-specific series, including commodity export and import price indices. It includes indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity)