Iceland—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #48 of 112Updated April 2026
Latest Value
6.1%
2024
YoY Change
+2.4%
2023 → 2024
Global Rank
#48
of 112 countries
Maximum
14.4%
2007
Minimum
-1.1%
2022
CAGR
-2.9%
25 years
Last
6.1%
Previous
5.9%
Highest
14.4%
Lowest
-1.1%
Source
World Bank World Development Indicators
Iceland's real interest rate (%) was 6.1% in 2024, ranking #48 out of 112 countries. This represents a +2.4% change from 2023. Over the past 25 years, the highest recorded value was 14.4% (2007) and the lowest was -1.1% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 6.1% | +2.4% |
| 2023 | 5.9% | +622.6% |
| 2022 | -1.1% | -61.7% |
| 2021 | -0.7% | -151.6% |
| 2020 | 1.4% | -32.6% |
| 2019 | 2.0% | -46.0% |
| 2018 | 3.7% | -33.2% |
| 2017 | 5.6% | +3.7% |
| 2016 | 5.4% | +570.6% |
| 2015 | 0.8% | -76.3% |
| 2014 | 3.4% | -38.6% |
| 2013 | 5.5% | +18.6% |
| 2012 | 4.7% | +13.4% |
| 2011 | 4.1% | +18.0% |
| 2010 | 3.5% | -51.5% |
| 2009 | 7.2% | +1.0% |
| 2008 | 7.1% | -50.6% |
| 2007 | 14.4% | +69.2% |
| 2006 | 8.5% | -26.1% |
| 2005 | 11.5% | +26.2% |
| 2004 | 9.1% | -20.1% |
| 2003 | 11.4% | +27.0% |
| 2002 | 9.0% | +5.2% |
| 2001 | 8.5% | -30.8% |
| 2000 | 12.3% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |