Iceland - Real Interest Rate 1997
9.83%
+0.20pp from 1996
Iceland's real interest rate was 9.83% in 1997, increased +0.20pp from 9.63% in 1996. This was the 61st highest globally.
Global Ranking - 1997▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Bulgaria | -69.11% | -149.4% |
| 2nd | Bahamas, The | -38.38% | -772.1% |
| 3rd | Angola | -29.52% | 68.4% |
| 4th | Romania | -26.69% | -445.3% |
| 5th | Belarus | -23.22% | -514.0% |
| 6th | Myanmar | -10.08% | -354.3% |
| 7th | Rwanda | 0.95% | -85.7% |
| 8th | Serbia | 0.98% | - |
| 9th | Hungary | 1.25% | -71.4% |
| 10th | Haiti | 1.36% | -85.2% |
| 11th | Papua New Guinea | 1.87% | -83.5% |
| 12th | Japan | 1.93% | -37.9% |
| 13th | Bhutan | 2.74% | -62.4% |
| 14th | Hong Kong SAR, China | 2.96% | 19.0% |
| 15th | Egypt, Arab Republic of | 3.56% | -55.0% |
| 16th | Mexico | 3.74% | -51.1% |
| 17th | Canada | 3.77% | -12.6% |
| 18th | Czechia | 4.48% | 86.8% |
| 19th | Tanzania | 4.71% | -61.6% |
| 20th | Singapore | 5.18% | 10.6% |
| 21st | Sweden | 5.48% | -27.9% |
| 22nd | Solomon Islands | 5.71% | 90.8% |
| 23rd | Australia | 5.82% | -14.8% |
| 24th | St. Kitts and Nevis | 5.96% | -41.7% |
| 25th | Malawi | 6.14% | 233.3% |
| 26th | Aruba | 6.31% | -8.4% |
| 27th | United Kingdom | 6.52% | 274.0% |
| 28th | United States | 6.60% | 4.4% |
| 29th | Maldives | 6.62% | 9.4% |
| 30th | Nicaragua | 6.76% | 0.9% |
| 31st | Costa Rica | 6.80% | -30.1% |
| 32nd | China | 6.87% | 104.7% |
| 33rd | Malaysia | 6.91% | 14.3% |
| 34th | India | 6.91% | -11.3% |
| 35th | Malta | 7.15% | 13.5% |
| 36th | Eswatini | 7.32% | -28.2% |
| 37th | Viet Nam | 7.34% | -30.1% |
| 38th | Fiji | 7.49% | -6.8% |
| 39th | Korea | 7.72% | 13.3% |
| 40th | Italy | 7.77% | -4.0% |
| 41st | Lebanon | 7.84% | -66.0% |
| 42nd | Macao SAR, China | 7.93% | 11.3% |
| 43rd | Croatia | 8.02% | -55.4% |
| 44th | Algeria | 8.14% | 300.9% |
| 45th | Yemen, Republic of | 8.14% | 309.4% |
| 46th | Indonesia | 8.21% | -15.3% |
| 47th | Lesotho | 8.27% | -25.1% |
| 48th | Botswana | 8.53% | 714.4% |
| 49th | Thailand | 8.83% | -1.1% |
| 50th | Barbados | 8.84% | 21.4% |
| 51st | Bangladesh | 8.85% | 271.4% |
| 52nd | Mauritania | 8.85% | -55.2% |
| 53rd | Antigua and Barbuda | 9.22% | 7.7% |
| 54th | Grenada | 9.29% | 30.3% |
| 55th | Panama | 9.31% | -54.0% |
| 56th | Philippines | 9.43% | 42.0% |
| 57th | St. Lucia | 9.53% | -22.5% |
| 58th | Guatemala | 9.59% | - |
| 59th | Dominica | 9.59% | 21.3% |
| 60th | St. Vincent and the Grenadines | 9.80% | 32.5% |
| 61st | Iceland | 9.83% | 2.1% |
| 62nd | Dominican Republic | 10.57% | -45.3% |
| 63rd | Jordan | 10.96% | - |
| 64th | South Africa | 10.97% | 3.1% |
| 65th | Bahrain | 11.16% | -7.8% |
| 66th | Oman | 11.68% | 564.2% |
| 67th | Chile | 11.94% | -12.7% |
| 68th | Nigeria | 12.13% | 330.5% |
| 69th | Namibia | 12.20% | 252.7% |
| 70th | Mauritius | 13.12% | 1.7% |
| 71st | Seychelles | 13.88% | -41.5% |
| 72nd | Kuwait | 14.18% | 343.1% |
| 73rd | Micronesia, Federated States of | 14.27% | 10.6% |
| 74th | Colombia | 14.44% | -31.1% |
| 75th | Russian Federation | 14.76% | - |
| 76th | Guyana | 15.38% | 15.3% |
| 77th | Kenya | 16.88% | 392.2% |
| 78th | Zambia | 16.98% | -28.3% |
| 79th | Mozambique | 17.57% | - |
| 80th | Albania | 17.70% | 194.6% |
| 81st | Uganda | 17.73% | 17.9% |
| 82nd | Belize | 18.08% | 37.0% |
| 83rd | Moldova | 18.51% | 168.4% |
| 84th | Guinea | 18.80% | -1.9% |
| 85th | Trinidad and Tobago | 19.57% | 43.0% |
| 86th | Sierra Leone | 21.14% | 977.5% |
| 87th | Jamaica | 21.22% | 20.3% |
| 88th | Peru | 22.02% | 10.6% |
| 89th | Madagascar | 24.73% | 88.2% |
| 90th | Honduras | 25.44% | -1.4% |
| 91st | Ukraine | 26.29% | 218.0% |
| 92nd | Paraguay | 27.75% | 21.6% |
| 93rd | Liberia | 29.82% | 219.8% |
| 94th | Armenia | 30.99% | -20.7% |
| 95th | Suriname | 31.19% | 45.1% |
| 96th | Uruguay | 32.84% | -33.3% |
| 97th | Gambia, The | 33.47% | 111.7% |
| 98th | Kyrgyz Republic | 36.81% | 83.0% |
| 99th | Bolivia, Plurinational State of | 41.95% | 5.5% |
| 100th | Brazil | 65.41% | - |
FAQ
What was Iceland's real interest rate in 1997?▾
Iceland's real interest rate in 1997 was 9.83%. This ranked 61st globally.
How did Iceland's real interest rate change in 1997?▾
Iceland's real interest rate increased by 2.1% in 1997 compared to 1996.
Which country had the highest real interest rate in 1997?▾
Brazil had the highest real interest rate in 1997 at 65.41%.
What is the real interest rate of Iceland in 1997?▾
The real interest rate of Iceland in 1997 was 9.83%. This ranked 61st globally.
How does 1997 compare to 1996 for Iceland's real interest rate?▾
Iceland's real interest rate went from 9.63% in 1996 to 9.83% in 1997, a 2.1% increase.
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