Iceland - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Iceland was 5.40 as of 2021. Over the past 39 years, the value for this indicator has fluctuated between 47.00 in 1982 and 5.40 in 2021.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
0.00
10.00
20.00
30.00
40.00
50.00
60.00
Year Value
1982 47.00
1983 42.75
1984 22.83
1985 32.60
1986 18.78
1987 26.61
1988 30.28
1989 27.97
1990 16.18
1991 17.52
1992 13.05
1993 14.11
1994 10.57
1995 11.58
1996 12.43
1997 12.89
1998 12.78
1999 13.30
2000 16.80
2001 17.95
2002 15.37
2003 11.95
2004 12.02
2005 14.78
2006 17.91
2007 19.29
2008 20.15
2009 18.99
2010 10.26
2011 7.70
2012 8.32
2013 8.15
2014 7.74
2015 7.61
2016 8.24
2017 7.26
2018 6.96
2019 6.95
2020 5.76
2021 5.40

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates