Iceland Retail Sales YoY
Year-on-year change in the volume of retail trade.
Retail Sales YoY in Iceland decreased to 10.79 percent in Dec 2017 from 11.86 percent in Nov 2017.
Iceland Retail Sales YoY — History
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Iceland Retail Sales YoY — analysis in simple words
Latest reading
Retail Sales YoY in Iceland decreased to 10.79 percent in Dec 2017 from 11.86 percent in Nov 2017.
Over the last three months it rose once and fell twice.
Recent trend
A year earlier (Dec 2016) it was 8.0%, so the latest figure is 2.7 percentage points higher.
Over the past five years the average was 8.2%, with a range from -0.9% to 16.7%. The latest value is above that five-year average.
Historical context
This data series starts in Jan 1992 and has 312 monthly observations. The latest reading is higher than 81% of all of them.
The highest value on record is 21.4% (Apr 1998) and the lowest is -33.4% (Feb 2009). The long-run average is 2.9%.
Statistics
- Latest
- 10.8%Dec 2017
- Previous
- 11.9%
- 5-year average
- 8.2%
- Long-run average
- 2.9%since Jan 1992
- All-time high
- 21.4%Apr 1998
- All-time low
- -33.4%Feb 2009
- Observations
- 312Monthly
Recent Data
| Period | Value | Change |
|---|---|---|
| Dec 2017 | 10.8% | ▼ −1.1 pp |
| Nov 2017 | 11.9% | ▼ −1.2 pp |
| Oct 2017 | 13.0% | ▲ +1.9 pp |
| Sep 2017 | 11.2% | ▲ +1.5 pp |
| Aug 2017 | 9.6% | ▲ +0.3 pp |
| Jul 2017 | 9.3% | ▲ +0.3 pp |
| Jun 2017 | 9.0% | ▲ +1.5 pp |
| May 2017 | 7.4% | ▲ +2.0 pp |
| Apr 2017 | 5.5% | ▼ −0.6 pp |
| Mar 2017 | 6.1% | ▼ −0.5 pp |
| Feb 2017 | 6.6% | ▼ −0.9 pp |
| Jan 2017 | 7.5% | ▼ −0.5 pp |
| Dec 2016 | 8.0% | ▼ −0.8 pp |
| Nov 2016 | 8.9% | ▼ −0.9 pp |
| Oct 2016 | 9.8% | ▼ −0.5 pp |
| Sep 2016 | 10.3% | ▼ −0.6 pp |
| Aug 2016 | 10.9% | ▼ −1.8 pp |
| Jul 2016 | 12.7% | ▼ −1.8 pp |
| Jun 2016 | 14.5% | ▼ −1.0 pp |
| May 2016 | 15.5% | ▼ −1.2 pp |
| Apr 2016 | 16.7% | ▲ +1.9 pp |
| Mar 2016 | 14.8% | ▲ +2.0 pp |
| Feb 2016 | 12.9% | ▼ −1.0 pp |
| Jan 2016 | 13.8% | ▼ −0.5 pp |
| Dec 2015 | 14.3% | ▲ +1.9 pp |
| Nov 2015 | 12.4% | ▲ +2.2 pp |
| Oct 2015 | 10.2% | ▼ −2.6 pp |
| Sep 2015 | 12.9% | ▼ −2.6 pp |
| Aug 2015 | 15.4% | ▲ +3.5 pp |
| Jul 2015 | 12.0% |
Retail Sales YoY — Iceland vs Peers
Latest available reading for each economy (periods may differ). Iceland highlighted.
More Iceland indicators
Understanding Retail Sales YoY — a simple guide
What it measures
The year-on-year change in the volume of retail trade — goods sold to households by shops and online stores, adjusted for price changes.
How it is calculated
Retail trade volume index this month ÷ the same month last year − 1, × 100.
If shoppers bought 3% more goods (after removing price changes) than a year ago, retail sales growth is 3%.
Strong retail sales reflect healthy consumer spending.
Weak or negative sales point to cautious households.
Why it matters for the economy and markets
Retail sales are a direct, timely measure of consumer spending, the largest part of most economies.
How to read it
Monthly data can be affected by holidays, weather and festivals. Volume data removes price changes, so it shows how much more (or less) people actually bought.
What to look at alongside it
Consumer confidence, inflation and wages.
Key terms
- Volume
- Quantity sold, after removing price changes.
Data source
OECD — Organisation for Economic Co-operation and Development (series OECD retail trade volume), monthly data from Jan 1992 to Dec 2017. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current retail sales yoy of Iceland?
What is the highest and lowest retail sales yoy of Iceland?
What does retail sales yoy measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.