Iceland - Real interest rate

Real interest rate (%)

The value for Real interest rate (%) in Iceland was 2.47 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 14.34 in 2007 and a minimum value of 1.47 in 2015.

Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.

See also:

Year Value
1996 9.71
1997 9.87
1998 7.71
1999 9.47
2000 12.28
2001 8.51
2002 8.97
2003 11.40
2004 9.10
2005 11.36
2006 8.56
2007 14.34
2008 7.14
2009 7.39
2010 3.66
2011 4.46
2012 4.72
2013 5.90
2014 3.46
2015 1.47
2016 5.84
2017 6.26
2018 4.19
2019 2.26
2020 2.47

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates