Iceland - Lending Rate 2020
5.76%
−1.19pp from 2019
Iceland's lending rate was 5.76% in 2020, decreased +1.19pp from 6.95% in 2019. This was the 26th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hungary | 1.96% | 9.2% |
| 2nd | Italy | 2.33% | -10.5% |
| 3rd | Switzerland | 2.63% | 0.1% |
| 4th | Norway | 2.70% | -16.6% |
| 5th | Korea | 2.80% | -18.7% |
| 6th | Bosnia and Herzegovina | 3.07% | -6.6% |
| 7th | Thailand | 3.29% | -19.4% |
| 8th | Israel | 3.31% | -6.4% |
| 9th | Czechia | 3.34% | -9.3% |
| 10th | United States | 3.54% | -32.9% |
| 11th | San Marino | 3.73% | -6.3% |
| 12th | Malaysia | 3.94% | -19.1% |
| 13th | Qatar | 4.09% | -18.9% |
| 14th | Kuwait | 4.14% | -14.0% |
| 15th | Bahamas, The | 4.25% | 0.0% |
| 16th | Bulgaria | 4.34% | -4.7% |
| 17th | China | 4.35% | 0.0% |
| 18th | Hong Kong SAR, China | 5.00% | -2.0% |
| 19th | North Macedonia | 5.19% | -7.4% |
| 20th | Singapore | 5.25% | 0.0% |
| 21st | Macao SAR, China | 5.26% | -1.8% |
| 22nd | Oman | 5.47% | 1.0% |
| 23rd | Brunei Darussalam | 5.50% | 0.0% |
| 24th | West Bank and Gaza | 5.52% | -7.0% |
| 25th | Botswana | 5.75% | -10.1% |
| 26th | Iceland | 5.76% | -17.1% |
| 27th | Montenegro | 5.91% | -4.3% |
| 28th | Albania | 6.12% | -2.5% |
| 29th | Fiji | 6.18% | 2.6% |
| 30th | Mexico | 6.34% | -24.8% |
| 31st | Romania | 6.49% | -9.4% |
| 32nd | Benin | 6.54% | -2.3% |
| 33rd | Burkina Faso | 6.54% | -2.3% |
| 34th | Trinidad and Tobago | 6.56% | -29.1% |
| 35th | Costa Rica | 6.64% | -24.1% |
| 36th | Russian Federation | 6.78% | -22.6% |
| 37th | Aruba | 6.80% | 19.3% |
| 38th | Grenada | 6.83% | -9.7% |
| 39th | Dominica | 6.90% | -8.5% |
| 40th | Panama | 7.01% | -1.2% |
| 41st | St. Lucia | 7.13% | -7.6% |
| 42nd | Mauritius | 7.23% | -14.5% |
| 43rd | Jordan | 7.48% | -13.7% |
| 44th | Bolivia, Plurinational State of | 7.59% | -9.6% |
| 45th | Viet Nam | 7.65% | -0.8% |
| 46th | St. Kitts and Nevis | 7.65% | -10.2% |
| 47th | Antigua and Barbuda | 7.68% | -10.8% |
| 48th | Papua New Guinea | 7.70% | -11.0% |
| 49th | South Africa | 7.71% | -23.9% |
| 50th | Tonga | 7.83% | -2.9% |
| 51st | Namibia | 7.87% | -20.3% |
| 52nd | Eswatini | 7.96% | -21.4% |
| 53rd | St. Vincent and the Grenadines | 7.99% | -4.3% |
| 54th | Algeria | 8.00% | 0.0% |
| 55th | Barbados | 8.05% | 0.0% |
| 56th | Comoros | 8.09% | -22.9% |
| 57th | Moldova | 8.18% | -0.8% |
| 58th | Cabo Verde | 8.19% | -10.4% |
| 59th | Bangladesh | 8.30% | -13.2% |
| 60th | Samoa | 8.71% | -2.5% |
| 61st | Belize | 8.73% | -3.7% |
| 62nd | Lesotho | 8.98% | -20.8% |
| 63rd | Belarus | 9.03% | 0.1% |
| 64th | India | 9.15% | -3.3% |
| 65th | Guyana | 9.47% | -9.7% |
| 66th | Zambia | 9.48% | -7.9% |
| 67th | Indonesia | 9.54% | -7.9% |
| 68th | Vanuatu | 9.76% | -2.8% |
| 69th | Colombia | 9.85% | -16.3% |
| 70th | Solomon Islands | 10.68% | 0.8% |
| 71st | Pakistan | 10.76% | -12.1% |
| 72nd | Dominican Republic | 10.98% | -12.1% |
| 73rd | Nicaragua | 11.18% | -10.3% |
| 74th | Uruguay | 11.23% | -2.8% |
| 75th | Egypt, Arab Republic of | 11.37% | -29.5% |
| 76th | Maldives | 11.60% | 0.7% |
| 77th | Seychelles | 11.61% | -7.9% |
| 78th | Armenia | 11.62% | -4.3% |
| 79th | Georgia | 11.80% | 9.1% |
| 80th | Kenya | 12.00% | -3.6% |
| 81st | Jamaica | 12.06% | -7.2% |
| 82nd | Burundi | 12.20% | -16.1% |
| 83rd | Guatemala | 12.53% | -1.7% |
| 84th | Peru | 12.94% | -10.1% |
| 85th | Paraguay | 13.54% | -12.6% |
| 86th | Nigeria | 13.64% | -11.3% |
| 87th | Bhutan | 14.00% | 0.0% |
| 88th | Timor-Leste | 14.13% | -8.0% |
| 89th | Ukraine | 14.29% | -27.9% |
| 90th | Micronesia, Federated States of | 14.47% | -1.6% |
| 91st | Haiti | 14.63% | 3.6% |
| 92nd | Suriname | 14.80% | -1.1% |
| 93rd | Myanmar | 14.83% | -7.3% |
| 94th | South Sudan | 16.09% | 2.8% |
| 95th | Rwanda | 16.35% | -1.1% |
| 96th | Tanzania | 16.68% | -1.7% |
| 97th | Mongolia | 16.93% | -0.4% |
| 98th | Honduras | 17.01% | -1.9% |
| 99th | Kyrgyz Republic | 17.04% | -10.3% |
| 100th | Mozambique | 17.08% | -9.9% |
| 101st | Azerbaijan | 17.18% | -0.6% |
| 102nd | Sierra Leone | 17.94% | -0.2% |
| 103rd | São Tomé and Principe | 18.83% | -1.2% |
| 104th | Angola | 19.66% | 1.9% |
| 105th | Uzbekistan | 22.34% | -5.4% |
| 106th | Malawi | 24.22% | -5.7% |
| 107th | Congo, Democratic Republic of | 25.96% | -2.9% |
| 108th | Gambia, The | 28.00% | 0.0% |
| 109th | Brazil | 29.04% | -22.5% |
| 110th | Argentina | 29.39% | -56.3% |
| 111th | Zimbabwe | 33.01% | 104.0% |
| 112th | Madagascar | 48.87% | -0.3% |
FAQ
What was Iceland's lending rate in 2020?▾
Iceland's lending rate in 2020 was 5.76%. This ranked 26th globally.
How did Iceland's lending rate change in 2020?▾
Iceland's lending rate decreased by 17.1% in 2020 compared to 2019.
Which country had the highest lending rate in 2020?▾
Madagascar had the highest lending rate in 2020 at 48.87%.
What is the lending rate of Iceland in 2020?▾
The lending rate of Iceland in 2020 was 5.76%. This ranked 26th globally.
How does 2020 compare to 2019 for Iceland's lending rate?▾
Iceland's lending rate went from 6.95% in 2019 to 5.76% in 2020, a 17.1% decrease.
Related
2019
2021
All years
Full ranking 2020
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
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