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Iceland: Short-term interest rate

Percent · 1960–2025 · 66 observations · forecasts to 2026 · strate

2025
7.87%percent
Change on 2024
−1.6 pointsfrom 9.47%
Average, 2016–2025
5.56%10 years
Record high and low
44.6% (1983)low 1.79% (2021)

Short-term interest rate

Report error
0%10%20%30%40%50%1960197019801990200020102020IcelandIceland
ForecastPercent

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
20265.75Forecast
20257.87
20249.47
20239.04
20225.13
20211.79
20201.99
20194.39
20184.72
20174.98
20166.28

Sources

  • Statistics Iceland1960–1990
  • IMF International Financial Statistics1986–2025
  • Bordo1988–1997
  • OECD Economic Outlook1988–2025
  • OECD Key Economic Indicators1988–2025
  • 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 →

Short-term interest 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 →

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