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Iceland: Central bank policy rate

Percent · 1886–2025 · 138 observations · forecasts to 2026 · cbrate

2025
7.25%percent
Change on 2024
−1.3 pointsfrom 8.50%
Average, 2016–2025
5.05%10 years
Record high and low
38.0% (1981)low 0.75% (2020)

Central bank policy rate

Report error
0%10%20%30%40%1900192019401960198020002020IcelandIceland
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20265.25Forecast
20257.25
20248.50
20239.25
20226.00
20212.00
20200.75
20193.00
20184.50
20174.25
20165.00

Sources

  • Statistics Iceland1886–1990
  • Grimm1948–2023
  • IMF International Financial Statistics1992–2025
  • Bank for International Settlements1998–2025
  • OECD Economic Outlook2007–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central bank policy rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms