Lending Rate, Percent per annum in Iceland
Iceland: Lending Rate, Percent per annum was 11.01 in 2025. β Volatile
Lending Rate, Percent per annum in Iceland, 1982β2025
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.
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
- 55 Morocco 11.5 compare
- 56 Sri Lanka 11.24 compare
- 57 Lesotho, Kingdom of 11.21 compare
- 59 Namibia 10.96 compare
- 60 Belarus, Republic of 10.95 compare
- 61 Eswatini, Kingdom of 10.88 compare
More financial sector data for Iceland
- Domestic credit to private sector by banks 89.2% (2025)
- Total reserves in months of imports 5.32 (2025)
- Net domestic credit 4.57 trillion current LCU (2025)
- Net foreign assets 397.39 billion current LCU (2025)
- Monetary Sector credit to private sector 89.2% (2025)
- Broad money 67.4% (2024)
- Claims on central government, etc. -3.9% (2025)
- Domestic credit to private sector 89.2% (2025)
- Official exchange rate 128.44 LCU per US$, period average (2025)
- Net migration 2,709 (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.