Albania vs Iceland: Real interest rate
Real interest rate over time
- Albania
- Iceland
How they compare
Albania currently reports 4.0% against 3.9% in Iceland, a difference of 0.1%.
The two have swapped places 11 times across 38 shared years of data; in 1986 it was Albania ahead.
Albania ranks 83rd and Iceland ranks 86th of 148 countries.
Across the 5 decades both report, Albania averaged higher in 2 and Iceland in 3.
Head to head by decade
| Decade | Albania | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.6% | 2.7% | 1.1% | Iceland |
| 1990s | -12.0% | 8.4% | 20.4% | Iceland |
| 2000s | 10.6% | 9.9% | 0.7% | Albania |
| 2010s | 7.3% | 3.9% | 3.4% | Albania |
| 2020s | 2.0% | 2.3% | 0.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Albania or Iceland?
- Albania, at 4.0% against 3.9% in Iceland as of 2024.
- What is the difference in real interest rate between Albania and Iceland?
- 0.1%, with Albania ahead.
- How many years of comparable data are there for Albania and Iceland?
- 38 years are reported by both, from 1986 to 2024.
- How do Albania and Iceland rank globally for real interest rate?
- Albania ranks 83rd and Iceland ranks 86th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.