Iceland Interest Rate 1998-2015 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Iceland was last recorded at 5.25 percent. Interest Rate in Iceland averaged 8.72 percent from 1998 until 2015, reaching an all time high of 18 percent in October of 2008 and a record low of 4.25 percent in February of 2011. Interest Rate in Iceland is reported by the Central Bank of Iceland.

      Forecast    
Iceland Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.25 5.25 18.00 4.25 1998 - 2015 percent Daily
In Iceland, interest rates decisions are taken by the board of Governors of the Central Bank of Iceland (Seðlabanki Íslands). The main interest rate is the nominal rate. This page provides - Iceland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Iceland Interest Rate - was last refreshed on Tuesday, March 3, 2015.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-05 08:55 AM
CBI Interest Rate Decision 
5.75% 6.0% 6%
2014-12-10 08:55 AM
CBI Interest Rate Decision 
5.25% 5.75% 5.75%
2015-02-04 08:55 AM
CBI Interest Rate Decision 
5.25% 5.25% 5%
2015-03-18 08:55 AM
CBI Interest Rate Decision 
5.25% 5.25%
2015-05-13 09:55 AM
CBI Interest Rate Decision 
5.25%
2015-06-10 09:55 AM
CBI Interest Rate Decision 
5%


Iceland Money Last Previous Highest Lowest Unit
Interest Rate 5.25 5.25 18.00 4.25 percent [+]
Interbank Rate 5.40 5.40 18.60 4.00 percent [+]
Money Supply M0 42350.96 44027.59 44027.59 1.60 ISK Million [+]
Money Supply M1 486.85 485.46 575.98 8.88 ISK Billion [+]
Money Supply M2 1016.41 1007.54 1134.03 0.06 ISK Billion [+]
Money Supply M3 1676.13 1658.13 1769.43 0.03 ISK Billion [+]
Foreign Exchange Reserves 551929.37 530006.17 1110305.98 610.00 ISK Million [+]
Banks Balance Sheet 3072386.00 3018095.00 14896283.00 2757398.00 ISK Million [+]
Central Bank Balance Sheet 979420.00 978298.00 1637813.00 58186.00 ISK Million [+]


Interest Rate Reference Previous Highest Lowest Unit
Australia 2.25 Feb/15 2.50 17.50 2.50 percent [+]
Brazil 12.25 Jan/15 11.75 45.00 7.25 percent [+]
Canada 0.75 Jan/15 1.00 16.00 0.25 percent [+]
China 5.35 Mar/15 5.60 10.98 5.31 percent [+]
Euro Area 0.05 Jan/15 0.05 4.75 0.05 percent [+]
France 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Germany 0.05 Jan/15 0.05 4.75 0.05 percent [+]
India 7.75 Feb/15 7.75 14.50 4.25 percent [+]
Indonesia 7.50 Feb/15 7.75 12.75 5.75 percent [+]
Italy 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Japan 0.00 Feb/15 0.00 9.00 0.00 percent [+]
Mexico 3.00 Jan/15 3.00 9.25 3.00 percent [+]
Netherlands 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Russia 15.00 Jan/15 17.00 17.00 5.00 percent [+]
South Korea 2.00 Feb/15 2.00 5.25 2.00 percent [+]
Spain 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Switzerland -0.75 Jan/15 -0.25 3.50 -0.75 percent [+]
Turkey 7.50 Feb/15 7.75 500.00 4.50 percent [+]
United Kingdom 0.50 Feb/15 0.50 17.00 0.50 percent [+]
United States 0.25 Jan/15 0.25 20.00 0.25 percent [+]