Lending Rate, Percent per annum in Iceland
Iceland: Lending Rate, Percent per annum was 11.01 in 2025. ◆ Volatile
Lending Rate, Percent per annum in Iceland, 1982–2025
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Iceland is 11.01, measured in 2025.
That represents a change of down 11.6% on the previous year and up 44.7% over ten years.
Over the whole period, lending rate, percent per annum in Iceland peaked at 47 in 1982 and was at its lowest, 5.4, in 2021.
Iceland ranks 58th of 144 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Lending Rate, Percent per annum in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 47 | — |
| 1983 | 42.75 | -9.0% |
| 1984 | 22.83 | -46.6% |
| 1985 | 32.6 | +42.8% |
| 1986 | 18.77 | -42.4% |
| 1987 | 26.61 | +41.7% |
| 1988 | 30.27 | +13.8% |
| 1989 | 27.97 | -7.6% |
| 1990 | 16.18 | -42.1% |
| 1991 | 17.52 | +8.2% |
| 1992 | 13.05 | -25.5% |
| 1993 | 14.11 | +8.1% |
| 1994 | 10.57 | -25.1% |
| 1995 | 11.58 | +9.6% |
| 1996 | 12.43 | +7.3% |
| 1997 | 12.89 | +3.7% |
| 1998 | 12.78 | -0.8% |
| 1999 | 13.3 | +4.0% |
| 2000 | 16.8 | +26.3% |
| 2001 | 17.95 | +6.8% |
| 2002 | 15.37 | -14.4% |
| 2003 | 11.95 | -22.2% |
| 2004 | 12.02 | +0.6% |
| 2005 | 14.78 | +23.0% |
| 2006 | 17.91 | +21.2% |
| 2007 | 19.29 | +7.7% |
| 2008 | 20.15 | +4.4% |
| 2009 | 18.99 | -5.8% |
| 2010 | 10.26 | -46.0% |
| 2011 | 7.7 | -24.9% |
| 2012 | 8.32 | +8.1% |
| 2013 | 8.15 | -2.1% |
| 2014 | 7.74 | -5.0% |
| 2015 | 7.61 | -1.7% |
| 2016 | 8.24 | +8.2% |
| 2017 | 7.26 | -11.9% |
| 2018 | 6.96 | -4.1% |
| 2019 | 6.95 | -0.1% |
| 2020 | 5.76 | -17.1% |
| 2021 | 5.4 | -6.2% |
| 2022 | 7.6 | +40.6% |
| 2023 | 11.53 | +51.8% |
| 2024 | 12.46 | +8.0% |
| 2025 | 11.01 | -11.6% |
Iceland compared with similar countries
- Iceland's 11.01 is above the median for high income countries, which is 5.18, 2.1× the median. (37 countries reporting)
- Iceland's 11.01 is above the median for Europe & Central Asia, which is 8.27, 1.3× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.1 | 18.77 | 47 | 8 |
| 1990s | 13.44 | 10.57 | 17.52 | 10 |
| 2000s | 16.52 | 11.95 | 20.15 | 10 |
| 2010s | 7.92 | 6.95 | 10.26 | 10 |
| 2020s | 8.96 | 5.4 | 12.46 | 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 lending rate, percent per annum in Iceland?
- Lending rate, percent per annum in Iceland was 11.01 in 2025, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Iceland?
- The highest recorded value was 47 in 1982.
- What is the lowest lending rate, percent per annum recorded in Iceland?
- The lowest recorded value was 5.4 in 2021.
- How does Iceland rank for lending rate, percent per annum?
- Iceland ranks 58th out of 144 countries with data for 2025.
- Is lending rate, percent per annum rising or falling in Iceland?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Lending 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.