Lending interest rate in Iceland in 2025 — 11.01%. Ranked 47 in the world out of 69. Since 1982, the indicator has fallen by 35.99 pp.
1982–2025 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2025 | 11.01 | −1.45 pp |
| 2024 | 12.46 | +0.93 pp |
| 2023 | 11.53 | +3.93 pp |
| 2022 | 7.6 | +2.19 pp |
| 2021 | 5.4 | −0.35 pp |
| 2020 | 5.76 | −1.19 pp |
| 2019 | 6.95 | −0 pp |
| 2018 | 6.96 | −0.3 pp |
| 2017 | 7.26 | −0.98 pp |
| 2016 | 8.24 | +0.63 pp |
| 2015 | 7.61 | −0.13 pp |
| 2014 | 7.74 | −0.41 pp |
| 2013 | 8.15 | −0.17 pp |
| 2012 | 8.32 | +0.63 pp |
| 2011 | 7.7 | −2.56 pp |
| 2010 | 10.26 | −8.73 pp |
| 2009 | 18.99 | −1.16 pp |
| 2008 | 20.15 | +0.86 pp |
| 2007 | 19.29 | +1.38 pp |
| 2006 | 17.91 | +3.13 pp |
| 2005 | 14.78 | +2.76 pp |
| 2004 | 12.02 | +0.07 pp |
| 2003 | 11.95 | −3.42 pp |
| 2002 | 15.37 | −2.58 pp |
| 2001 | 17.95 | +1.15 pp |
| 2000 | 16.8 | +3.5 pp |
| 1999 | 13.3 | +0.52 pp |
| 1998 | 12.78 | −0.11 pp |
| 1997 | 12.89 | +0.46 pp |
| 1996 | 12.43 | +0.85 pp |
| 1995 | 11.58 | +1.02 pp |
| 1994 | 10.57 | −3.54 pp |
| 1993 | 14.11 | +1.06 pp |
| 1992 | 13.05 | −4.47 pp |
| 1991 | 17.52 | +1.33 pp |
| 1990 | 16.18 | −11.78 pp |
| 1989 | 27.97 | −2.31 pp |
| 1988 | 30.28 | +3.67 pp |
| 1987 | 26.61 | +7.83 pp |
| 1986 | 18.78 | −13.83 pp |
| 1985 | 32.6 | +9.77 pp |
| 1984 | 22.83 | −19.92 pp |
| 1983 | 42.75 | −4.25 pp |
| 1982 | 47 | — |
The same indicator for neighboring countries — with links to their pages
Norway
5.88
Iceland
11.01
The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.
Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.
Source: World Economic Outlook (IMF), license IMF open data.