Iceland - Lending Rate 2003
11.95%
−3.42pp from 2002
Iceland's lending rate was 11.95% in 2003, decreased +3.42pp from 15.37% in 2002. This was the 50th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 1.82% | -2.3% |
| 2nd | Serbia | 2.59% | -21.1% |
| 3rd | Netherlands | 3.00% | -24.2% |
| 4th | United Kingdom | 3.70% | -7.6% |
| 5th | United States | 4.12% | -11.8% |
| 6th | Canada | 4.69% | 11.4% |
| 7th | Hong Kong SAR, China | 5.00% | -2.0% |
| 8th | Sweden | 5.02% | -13.4% |
| 9th | Singapore | 5.31% | -0.7% |
| 10th | China | 5.31% | 0.0% |
| 11th | Kuwait | 5.42% | -16.4% |
| 12th | Brunei Darussalam | 5.50% | 0.0% |
| 13th | Italy | 5.83% | -10.8% |
| 14th | Malta | 5.85% | -3.1% |
| 15th | Czechia | 5.95% | -11.5% |
| 16th | Bahamas, The | 6.00% | 0.0% |
| 17th | Macao SAR, China | 6.00% | -1.8% |
| 18th | Chile | 6.18% | -20.4% |
| 19th | Korea | 6.24% | -7.9% |
| 20th | Malaysia | 6.30% | -3.5% |
| 21st | Australia | 6.61% | 3.9% |
| 22nd | New Zealand | 7.00% | -2.5% |
| 23rd | Libya | 7.00% | 0.0% |
| 24th | Mexico | 7.02% | -14.5% |
| 25th | San Marino | 7.49% | -5.8% |
| 26th | Fiji | 7.60% | -5.6% |
| 27th | Algeria | 8.13% | -5.3% |
| 28th | Bahrain | 8.30% | -1.3% |
| 29th | Oman | 8.39% | -4.9% |
| 30th | Barbados | 8.50% | 0.0% |
| 31st | Bulgaria | 8.54% | -7.2% |
| 32nd | Jordan | 9.30% | -8.7% |
| 33rd | Philippines | 9.47% | 3.6% |
| 34th | Viet Nam | 9.48% | 4.6% |
| 35th | Hungary | 9.60% | -5.6% |
| 36th | Panama | 9.93% | -6.2% |
| 37th | Solomon Islands | 10.00% | 0.0% |
| 38th | Maldives | 10.26% | 3.4% |
| 39th | Sri Lanka | 10.35% | -21.4% |
| 40th | Seychelles | 10.62% | 0.3% |
| 41st | Aruba | 10.70% | -5.3% |
| 42nd | Bosnia and Herzegovina | 10.87% | -14.4% |
| 43rd | Trinidad and Tobago | 11.17% | -10.5% |
| 44th | Samoa | 11.28% | -1.4% |
| 45th | India | 11.46% | -3.8% |
| 46th | Dominica | 11.50% | 4.8% |
| 47th | Croatia | 11.58% | -9.8% |
| 48th | St. Vincent and the Grenadines | 11.83% | 2.3% |
| 49th | Comoros | 11.83% | -1.4% |
| 50th | Iceland | 11.95% | -22.2% |
| 51st | Bangladesh | 12.04% | -4.5% |
| 52nd | Grenada | 12.05% | 6.5% |
| 53rd | St. Kitts and Nevis | 12.22% | 12.1% |
| 54th | Antigua and Barbuda | 12.82% | 12.6% |
| 55th | Russian Federation | 12.98% | -17.4% |
| 56th | Papua New Guinea | 13.36% | -3.8% |
| 57th | Lebanon | 13.43% | -19.0% |
| 58th | Egypt, Arab Republic of | 13.53% | -1.9% |
| 59th | Albania | 14.27% | -6.8% |
| 60th | Belize | 14.35% | -3.3% |
| 61st | Tanzania | 14.52% | -11.5% |
| 62nd | Eswatini | 14.63% | -4.1% |
| 63rd | Namibia | 14.70% | 6.2% |
| 64th | South Africa | 14.96% | -5.0% |
| 65th | Guatemala | 14.98% | -11.2% |
| 66th | Guyana | 14.99% | -8.2% |
| 67th | St. Lucia | 15.00% | 19.1% |
| 68th | Micronesia, Federated States of | 15.00% | -1.8% |
| 69th | Iraq | 15.00% | 0.0% |
| 70th | Colombia | 15.19% | -7.0% |
| 71st | Bhutan | 15.19% | -1.8% |
| 72nd | Azerbaijan | 15.46% | -11.0% |
| 73rd | Nicaragua | 15.55% | -15.0% |
| 74th | Rwanda | 15.99% | -1.4% |
| 75th | Lesotho | 16.02% | -6.4% |
| 76th | Botswana | 16.40% | 1.2% |
| 77th | Kenya | 16.57% | -10.2% |
| 78th | Tajikistan | 16.73% | 17.7% |
| 79th | Indonesia | 16.94% | -10.6% |
| 80th | Liberia | 17.06% | -15.6% |
| 81st | Bolivia, Plurinational State of | 17.66% | -14.4% |
| 82nd | Ukraine | 17.89% | -29.4% |
| 83rd | Yemen, Republic of | 18.00% | 1.6% |
| 84th | Burundi | 18.23% | -6.4% |
| 85th | Myanmar | 18.46% | 0.0% |
| 86th | Jamaica | 18.89% | 2.1% |
| 87th | Uganda | 18.94% | -0.8% |
| 88th | Moldova | 19.29% | -18.0% |
| 89th | Sierra Leone | 20.00% | -9.8% |
| 90th | Nigeria | 20.71% | -16.4% |
| 91st | Honduras | 20.80% | -8.3% |
| 92nd | Armenia | 20.83% | -1.5% |
| 93rd | Mauritania | 21.00% | 0.0% |
| 94th | Mauritius | 21.00% | 0.0% |
| 95th | Peru | 21.02% | 1.2% |
| 96th | Suriname | 21.04% | -5.1% |
| 97th | Haiti | 23.21% | 29.4% |
| 98th | Georgia | 23.76% | - |
| 99th | Belarus | 23.98% | -35.0% |
| 100th | Kyrgyz Republic | 24.05% | -33.0% |
| 101st | Madagascar | 24.25% | -4.0% |
| 102nd | Mozambique | 24.69% | -7.6% |
| 103rd | Romania | 25.44% | -28.2% |
| 104th | Costa Rica | 25.58% | -3.2% |
| 105th | Gambia, The | 29.33% | 22.2% |
| 106th | São Tomé and Principe | 29.59% | -20.9% |
| 107th | Lao PDR | 30.50% | 4.0% |
| 108th | Dominican Republic | 31.39% | 20.5% |
| 109th | Mongolia | 31.91% | -10.2% |
| 110th | Zambia | 40.57% | -10.2% |
| 111th | Malawi | 48.92% | -3.2% |
| 112th | Paraguay | 57.77% | 29.3% |
| 113th | Uruguay | 58.94% | -50.2% |
| 114th | Brazil | 67.08% | 6.7% |
| 115th | Angola | 96.12% | -1.3% |
FAQ
What was Iceland's lending rate in 2003?▾
Iceland's lending rate in 2003 was 11.95%. This ranked 50th globally.
How did Iceland's lending rate change in 2003?▾
Iceland's lending rate decreased by 22.2% in 2003 compared to 2002.
Which country had the highest lending rate in 2003?▾
Angola had the highest lending rate in 2003 at 96.12%.
What is the lending rate of Iceland in 2003?▾
The lending rate of Iceland in 2003 was 11.95%. This ranked 50th globally.
How does 2003 compare to 2002 for Iceland's lending rate?▾
Iceland's lending rate went from 15.37% in 2002 to 11.95% in 2003, a 22.2% decrease.
Related
2002
2004
All years
Full ranking 2003
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1982
Lowest: 2021
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Lending Rate
OECD Lending Rate
Global Ranking