Iceland - deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Iceland was 4.85 as of 2004. As the graph below shows, over the past 31 years this indicator reached a maximum value of 42.25 in 1978 and a minimum value of 3.03 in 1994.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.

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

See also:

Year Value
1973 12.00
1974 17.00
1975 17.00
1976 13.62
1977 29.00
1978 42.25
1979 29.50
1980 38.83
1981 38.75
1982 38.33
1983 39.46
1984 18.09
1985 24.69
1986 12.21
1987 15.51
1988 25.54
1989 23.58
1990 12.31
1991 12.73
1992 5.94
1993 6.63
1994 3.03
1995 3.69
1996 4.25
1997 4.72
1998 4.50
1999 8.03
2000 10.60
2001 10.88
2002 8.26
2003 4.81
2004 4.85