Home → Iceland → Lending Rate → 2025

Iceland - Lending Rate 2025

Name: Iceland Lending Rate 2025
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Lending interest rate · World Bank

14.41% +1.95pp from 2024 Global rank: 21st

Iceland's lending rate was 14.41% in 2025, increased +1.95pp from 12.46% in 2024. This was the 21st highest globally.

Global Ranking - 2025▾

Lending Rate by Country - 2025
Rank	Country	Value	YoY
1st	Zimbabwe	242.17%	42.2%
2nd	Argentina	92.48%	49.9%
3rd	Madagascar	53.37%	-0.4%
4th	Brazil	47.24%	17.4%
5th	Malawi	39.42%	6.4%
6th	Egypt, Arab Republic of	24.94%	2.7%
7th	Mozambique	24.61%	13.3%
8th	Ukraine	23.40%	19.5%
9th	Uzbekistan	22.85%	-1.2%
10th	Colombia	21.90%	33.8%
11th	Sierra Leone	20.97%	2.6%
12th	Kyrgyz Republic	20.64%	4.3%
13th	Angola	18.20%	-6.2%
14th	São Tomé and Principe	17.05%	-4.3%
15th	Dominican Republic	16.44%	7.8%
16th	Hungary	16.00%	75.4%
17th	Rwanda	15.96%	-0.3%
18th	South Sudan	15.14%	3.1%
19th	Honduras	14.52%	-9.2%
20th	Suriname	14.47%	-2.2%
21st	Iceland	14.41%	15.6%
22nd	Gambia, The	13.65%	-34.2%
23rd	Kenya	13.54%	-0.3%
24th	Mexico	13.38%	19.3%
25th	Haiti	13.36%	-6.0%
26th	Russian Federation	13.33%	14.7%
27th	Armenia	13.23%	0.6%
28th	Georgia	13.14%	9.2%
29th	Azerbaijan	13.12%	-10.5%
30th	South Africa	13.02%	12.0%
31st	Namibia	12.12%	10.6%
32nd	Guatemala	12.05%	-2.8%
33rd	Eswatini	11.91%	9.5%
34th	Lesotho	11.89%	6.1%
35th	Nigeria	11.75%	-16.1%
36th	Jamaica	11.73%	-2.2%
37th	Moldova	11.64%	30.7%
38th	Maldives	11.47%	-0.7%
39th	Belarus	10.89%	9.0%
40th	Uruguay	10.81%	9.1%
41st	Bhutan	10.37%	-1.6%
42nd	Mauritius	10.17%	8.5%
43rd	Nicaragua	10.14%	-9.7%
44th	Romania	10.07%	14.9%
45th	Burundi	9.71%	-13.6%
46th	Viet Nam	9.54%	2.3%
47th	Peru	9.44%	-25.0%
48th	Timor-Leste	9.28%	-12.5%
49th	Bangladesh	9.04%	-8.2%
50th	Jordan	9.04%	6.6%
51st	Seychelles	8.87%	-9.5%
52nd	Costa Rica	8.68%	18.4%
53rd	Indonesia	8.49%	-3.4%
54th	Bolivia, Plurinational State of	8.35%	-3.4%
55th	Belize	8.32%	-1.2%
56th	Vanuatu	8.30%	-3.9%
57th	Samoa	8.23%	-2.4%
58th	Barbados	8.05%	0.0%
59th	Algeria	8.00%	0.0%
60th	Papua New Guinea	7.93%	-4.9%
61st	Guyana	7.90%	-5.7%
62nd	Trinidad and Tobago	7.89%	5.2%
63rd	India	7.80%	-9.0%
64th	Tonga	7.74%	-0.3%
65th	Cabo Verde	7.52%	-3.4%
66th	Qatar	7.06%	14.3%
67th	Norway	6.91%	12.5%
68th	Panama	6.91%	0.1%
69th	Grenada	6.87%	-0.2%
70th	Botswana	6.78%	8.3%
71st	St. Vincent and the Grenadines	6.77%	-4.5%
72nd	Montenegro	6.64%	0.6%
73rd	Albania	6.58%	2.1%
74th	Macao SAR, China	6.26%	4.0%
75th	Antigua and Barbuda	6.23%	-4.6%
76th	St. Kitts and Nevis	6.14%	-5.0%
77th	San Marino	6.13%	11.5%
78th	St. Lucia	6.01%	-4.5%
79th	Hong Kong SAR, China	6.00%	4.5%
80th	Italy	5.97%	13.6%
81st	Aruba	5.96%	2.8%
82nd	Korea	5.83%	23.2%
83rd	North Macedonia	5.77%	-1.5%
84th	Malaysia	5.74%	8.7%
85th	Dominica	5.55%	-4.8%
86th	Brunei Darussalam	5.50%	0.0%
87th	Kuwait	5.36%	3.6%
88th	Czechia	5.30%	12.4%
89th	Comoros	5.22%	-35.0%
90th	Bosnia and Herzegovina	4.74%	6.5%
91st	Bulgaria	4.51%	-2.2%
92nd	Thailand	4.48%	7.5%
93rd	China	4.35%	0.0%
94th	Bahamas, The	4.25%	0.0%
95th	Fiji	4.19%	-9.1%
96th	Switzerland	3.02%	1.6%
97th	Israel	2.54%	-14.1%

FAQ

What was Iceland's lending rate in 2025?▾

Iceland's lending rate in 2025 was 14.41%. This ranked 21st globally.

How did Iceland's lending rate change in 2025?▾

Iceland's lending rate increased by 15.6% in 2025 compared to 2024.

Which country had the highest lending rate in 2025?▾

Zimbabwe had the highest lending rate in 2025 at 242.17%.

What is the lending rate of Iceland in 2025?▾

The lending rate of Iceland in 2025 was 14.41%. This ranked 21st globally.

How does 2025 compare to 2024 for Iceland's lending rate?▾

Iceland's lending rate went from 12.46% in 2024 to 14.41% in 2025, a 15.6% increase.

← 2024

View all years