Iceland vs South Africa: Money market Rate, Percent per annum
Iceland
7.51
in 2025
South Africa
7.26
in 2025
Iceland rank
22nd
South Africa rank
24th
Money market Rate, Percent per annum over time
- Iceland
- South Africa
How they compare
Iceland currently reports 7.51 against 7.26 in South Africa, a difference of 0.25.
The two have swapped places 8 times across 40 shared years of data; in 1986 it was Iceland ahead.
Iceland ranks 22nd and South Africa ranks 24th of 94 countries.
Across the 5 decades both report, Iceland averaged higher in 2 and South Africa in 3.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 28.67 | 13.86 | 14.81 | Iceland |
| 1990s | 9.18 | 15.25 | 6.07 | South Africa |
| 2000s | 11.13 | 9.1 | 2.03 | Iceland |
| 2010s | 4.88 | 5.95 | 1.07 | South Africa |
| 2020s | 5.15 | 6.04 | 0.8856 | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money market rate, percent per annum, Iceland or South Africa?
- Iceland, at 7.51 against 7.26 in South Africa as of 2025.
- What is the difference in money market rate, percent per annum between Iceland and South Africa?
- 0.25, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 40 years are reported by both, from 1986 to 2025.
- How do Iceland and South Africa rank globally for money market rate, percent per annum?
- Iceland ranks 22nd and South Africa ranks 24th of 94 countries.
- Where does this data come from?
- International Monetary Fund, published as Money market Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.