Discount Rate, Percent per annum in Iceland
Iceland: Discount Rate, Percent per annum was 9 in 2025. ▼ Falling
Discount Rate, Percent per annum in Iceland, 1992–2025
Source: International Monetary Fund.
Analysis
Iceland recorded 9 for discount rate, percent per annum in 2025.
That represents a change of down 12.2% on the previous year and up 20.0% over ten years.
Over the whole period, discount rate, percent per annum in Iceland peaked at 22 in 2008 and was at its lowest, 2.5, in 2020.
That places Iceland 23rd out of 70 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Discount Rate, Percent per annum in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 16 | — |
| 1995 | 5.6 | -65.0% |
| 1996 | 6 | +7.1% |
| 1997 | 6.8 | +13.3% |
| 1998 | 8.5 | +25.0% |
| 1999 | 10 | +17.6% |
| 2000 | 12.4 | +24.0% |
| 2001 | 12 | -3.2% |
| 2002 | 8.2 | -31.7% |
| 2003 | 7.7 | -6.1% |
| 2004 | 10.25 | +33.1% |
| 2005 | 12 | +17.1% |
| 2006 | 15.25 | +27.1% |
| 2007 | 15.25 | +0.0% |
| 2008 | 22 | +44.3% |
| 2010 | 5.5 | -75.0% |
| 2011 | 5.75 | +4.5% |
| 2012 | 7 | +21.7% |
| 2013 | 7 | +0.0% |
| 2014 | 6.25 | -10.7% |
| 2015 | 7.5 | +20.0% |
| 2016 | 6.75 | -10.0% |
| 2017 | 6 | -11.1% |
| 2018 | 6.25 | +4.2% |
| 2019 | 4.75 | -24.0% |
| 2020 | 2.5 | -47.4% |
| 2021 | 3.75 | +50.0% |
| 2022 | 7.75 | +106.7% |
| 2023 | 11 | +41.9% |
| 2024 | 10.25 | -6.8% |
| 2025 | 9 | -12.2% |
Iceland compared with similar countries
- Iceland's 9 is above the median for high income countries, which is 3.35, 2.7× the median. (15 countries reporting)
- Iceland's 9 is above the median for Europe & Central Asia, which is 9, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.82 | 5.6 | 16 | 6 |
| 2000s | 12.78 | 7.7 | 22 | 9 |
| 2010s | 6.28 | 4.75 | 7.5 | 10 |
| 2020s | 7.38 | 2.5 | 11 | 6 |
Countries ranked near Iceland
More financial sector data for Iceland
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 243.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 177.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 243.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is discount rate, percent per annum in Iceland?
- Discount rate, percent per annum in Iceland was 9 in 2025, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Iceland?
- The highest recorded value was 22 in 2008.
- What is the lowest discount rate, percent per annum recorded in Iceland?
- The lowest recorded value was 2.5 in 2020.
- How does Iceland rank for discount rate, percent per annum?
- Iceland ranks 23rd out of 70 countries with data for 2025.
- Is discount rate, percent per annum rising or falling in Iceland?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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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.