Iceland - Lending Rate 2008
20.15%
+0.86pp from 2007
Iceland's lending rate was 20.15% in 2008, increased +0.86pp from 19.29% in 2007. This was the 117th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 1.91% | 1.4% |
| 2nd | Switzerland | 3.34% | - |
| 3rd | Netherlands | 4.60% | 0.0% |
| 4th | United Kingdom | 4.68% | -15.1% |
| 5th | Canada | 4.73% | -22.5% |
| 6th | Benin | 4.98% | 4.9% |
| 7th | Burkina Faso | 4.98% | 4.9% |
| 8th | Côte d'Ivoire | 4.98% | 4.9% |
| 9th | Guinea-Bissau | 4.98% | 4.9% |
| 10th | Mali | 4.98% | 4.9% |
| 11th | Niger | 4.98% | 4.9% |
| 12th | Senegal | 4.98% | 4.9% |
| 13th | Togo | 4.98% | 4.9% |
| 14th | United States | 5.09% | -36.8% |
| 15th | China | 5.31% | -28.9% |
| 16th | Hong Kong SAR, China | 5.31% | -29.8% |
| 17th | Singapore | 5.38% | 0.9% |
| 18th | Macao SAR, China | 5.43% | -30.5% |
| 19th | Bahamas, The | 5.50% | 0.0% |
| 20th | Brunei Darussalam | 5.50% | 0.0% |
| 21st | Thailand | 5.82% | -3.7% |
| 22nd | Malta | 5.89% | -5.6% |
| 23rd | Libya | 6.00% | 0.0% |
| 24th | Serbia | 6.03% | 37.3% |
| 25th | Malaysia | 6.08% | -5.1% |
| 26th | Czechia | 6.25% | 8.0% |
| 27th | Oman | 6.83% | -7.3% |
| 28th | Italy | 6.84% | 7.9% |
| 29th | Qatar | 6.84% | -7.9% |
| 30th | Bosnia and Herzegovina | 6.98% | -2.7% |
| 31st | Korea | 7.17% | 9.4% |
| 32nd | West Bank and Gaza | 7.19% | -9.9% |
| 33rd | Kuwait | 7.61% | -10.8% |
| 34th | San Marino | 7.89% | 4.1% |
| 35th | Panama | 7.91% | -10.1% |
| 36th | Fiji | 8.00% | -11.2% |
| 37th | Algeria | 8.00% | 0.0% |
| 38th | Solomon Islands | 8.00% | 0.0% |
| 39th | Bahrain | 8.22% | -0.5% |
| 40th | Belarus | 8.55% | -0.3% |
| 41st | St. Kitts and Nevis | 8.70% | -6.2% |
| 42nd | Mexico | 8.71% | 15.1% |
| 43rd | Philippines | 8.75% | 0.7% |
| 44th | Australia | 8.91% | 8.7% |
| 45th | New Zealand | 8.94% | 3.8% |
| 46th | Jordan | 9.03% | 4.0% |
| 47th | Dominica | 9.06% | -1.1% |
| 48th | Papua New Guinea | 9.20% | -5.9% |
| 49th | Montenegro | 9.24% | 0.4% |
| 50th | St. Vincent and the Grenadines | 9.52% | -0.9% |
| 51st | Grenada | 9.53% | -2.3% |
| 52nd | Lebanon | 9.96% | -2.8% |
| 53rd | Cabo Verde | 9.99% | -5.3% |
| 54th | Barbados | 10.03% | -6.7% |
| 55th | Croatia | 10.07% | 7.9% |
| 56th | St. Lucia | 10.08% | -0.4% |
| 57th | Hungary | 10.18% | 12.1% |
| 58th | North Macedonia | 10.23% | -2.6% |
| 59th | Maldives | 10.26% | 0.0% |
| 60th | Antigua and Barbuda | 10.43% | -0.1% |
| 61st | Aruba | 10.50% | 1.0% |
| 62nd | Comoros | 10.50% | 0.0% |
| 63rd | Bulgaria | 10.86% | 8.6% |
| 64th | Mauritius | 11.54% | -47.2% |
| 65th | Seychelles | 11.81% | 8.4% |
| 66th | Iran, Islamic Republic of | 12.00% | 0.0% |
| 67th | Suriname | 12.20% | -11.4% |
| 68th | Russian Federation | 12.23% | 21.8% |
| 69th | Egypt, Arab Republic of | 12.33% | -1.5% |
| 70th | Trinidad and Tobago | 12.44% | 5.9% |
| 71st | Uruguay | 12.45% | 39.2% |
| 72nd | Angola | 12.53% | -29.2% |
| 73rd | Samoa | 12.66% | 0.1% |
| 74th | Bangladesh | 12.89% | 2.0% |
| 75th | Pakistan | 12.94% | 9.9% |
| 76th | Albania | 13.02% | -7.7% |
| 77th | Nicaragua | 13.17% | 1.0% |
| 78th | Chile | 13.26% | 52.9% |
| 79th | India | 13.31% | 2.2% |
| 80th | Guatemala | 13.39% | 4.3% |
| 81st | Indonesia | 13.60% | -1.9% |
| 82nd | Namibia | 13.74% | 6.6% |
| 83rd | Bhutan | 13.85% | -1.0% |
| 84th | Bolivia, Plurinational State of | 13.87% | 7.9% |
| 85th | Kenya | 14.02% | 5.1% |
| 86th | Belize | 14.14% | -1.3% |
| 87th | Micronesia, Federated States of | 14.38% | 2.5% |
| 88th | Liberia | 14.40% | -4.3% |
| 89th | Guyana | 14.58% | -0.2% |
| 90th | Eswatini | 14.83% | 12.7% |
| 91st | Kosovo | 14.83% | 1.8% |
| 92nd | Afghanistan | 14.92% | -17.7% |
| 93rd | Tanzania | 14.98% | -6.8% |
| 94th | Romania | 14.99% | 12.3% |
| 95th | South Africa | 15.13% | 14.9% |
| 96th | Nigeria | 15.14% | -10.6% |
| 97th | Viet Nam | 15.78% | 41.2% |
| 98th | Costa Rica | 15.83% | 23.7% |
| 99th | Lesotho | 16.19% | 14.5% |
| 100th | Rwanda | 16.25% | 1.6% |
| 101st | Burundi | 16.52% | -1.9% |
| 102nd | Botswana | 16.54% | 2.0% |
| 103rd | Jamaica | 16.83% | -2.2% |
| 104th | Armenia | 17.05% | -2.7% |
| 105th | Colombia | 17.18% | 11.7% |
| 106th | Ukraine | 17.49% | 25.9% |
| 107th | Haiti | 17.81% | -22.8% |
| 108th | Honduras | 17.94% | 8.0% |
| 109th | Yemen, Republic of | 18.00% | 0.0% |
| 110th | Georgia | 18.04% | 5.6% |
| 111th | Mozambique | 18.31% | -6.2% |
| 112th | Sri Lanka | 18.89% | 10.6% |
| 113th | Zambia | 19.06% | 0.9% |
| 114th | Iraq | 19.22% | 2.3% |
| 115th | Azerbaijan | 19.76% | 3.3% |
| 116th | Dominican Republic | 19.95% | 26.0% |
| 117th | Iceland | 20.15% | 4.4% |
| 118th | Mauritania | 20.33% | -13.5% |
| 119th | Uganda | 20.45% | 7.0% |
| 120th | Mongolia | 20.58% | -5.7% |
| 121st | Myanmar | 20.92% | 0.0% |
| 122nd | Moldova | 21.06% | 11.9% |
| 123rd | Tajikistan | 23.59% | 2.8% |
| 124th | Peru | 23.67% | 3.6% |
| 125th | Lao PDR | 24.00% | -15.8% |
| 126th | Sierra Leone | 24.50% | -2.0% |
| 127th | Malawi | 25.28% | -8.8% |
| 128th | Kyrgyz Republic | 25.91% | 11.6% |
| 129th | Gambia, The | 27.00% | -3.3% |
| 130th | Paraguay | 29.83% | 3.1% |
| 131st | São Tomé and Principe | 32.40% | 0.0% |
| 132nd | Congo, Democratic Republic of | 43.15% | -8.2% |
| 133rd | Madagascar | 44.00% | 9.2% |
| 134th | Brazil | 47.25% | 8.1% |
FAQ
What was Iceland's lending rate in 2008?▾
Iceland's lending rate in 2008 was 20.15%. This ranked 117th globally.
How did Iceland's lending rate change in 2008?▾
Iceland's lending rate increased by 4.4% in 2008 compared to 2007.
Which country had the highest lending rate in 2008?▾
Brazil had the highest lending rate in 2008 at 47.25%.
What is the lending rate of Iceland in 2008?▾
The lending rate of Iceland in 2008 was 20.15%. This ranked 117th globally.
How does 2008 compare to 2007 for Iceland's lending rate?▾
Iceland's lending rate went from 19.29% in 2007 to 20.15% in 2008, a 4.4% increase.
Related
2007
2009
All years
Full ranking 2008
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