Iceland - Real Interest Rate 2020
1.36%
−0.66pp from 2019
Iceland's real interest rate was 1.36% in 2020, decreased +0.66pp from 2.02% in 2019. This was the 17th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -80.61% | -5.2% |
| 2nd | Suriname | -20.95% | -325.2% |
| 3rd | Argentina | -7.64% | -163.1% |
| 4th | Hungary | -4.20% | -48.6% |
| 5th | Zambia | -3.89% | -257.6% |
| 6th | Haiti | -3.41% | 28.0% |
| 7th | Burundi | -3.15% | -122.2% |
| 8th | Belarus | -2.54% | -718.6% |
| 9th | Czechia | -1.12% | -649.8% |
| 10th | Bulgaria | -0.01% | 98.2% |
| 11th | Burkina Faso | 0.07% | -98.9% |
| 12th | Uruguay | 0.46% | -85.0% |
| 13th | Italy | 0.74% | -52.0% |
| 14th | Pakistan | 0.74% | -74.8% |
| 15th | Korea | 1.20% | -70.8% |
| 16th | Botswana | 1.31% | -77.6% |
| 17th | Iceland | 1.36% | -32.6% |
| 18th | Mexico | 1.65% | -58.2% |
| 19th | Nigeria | 2.15% | 108.3% |
| 20th | South Africa | 2.20% | -58.3% |
| 21st | Israel | 2.23% | 40.4% |
| 22nd | Lesotho | 2.28% | -69.6% |
| 23rd | Romania | 2.29% | 1,156.4% |
| 24th | Moldova | 2.47% | -10.3% |
| 25th | Eswatini | 2.66% | -66.8% |
| 26th | United States | 2.85% | -23.5% |
| 27th | Bosnia and Herzegovina | 3.01% | 278.5% |
| 28th | Namibia | 3.09% | -65.1% |
| 29th | Angola | 3.10% | 750.3% |
| 30th | West Bank and Gaza | 3.22% | 60.8% |
| 31st | Switzerland | 3.36% | 22.6% |
| 32nd | San Marino | 3.38% | 11.0% |
| 33rd | Benin | 3.56% | -50.0% |
| 34th | Ukraine | 3.62% | -66.1% |
| 35th | North Macedonia | 3.77% | -19.9% |
| 36th | China | 3.80% | 26.9% |
| 37th | Sierra Leone | 4.12% | -43.8% |
| 38th | India | 4.14% | -40.0% |
| 39th | Bangladesh | 4.29% | -24.6% |
| 40th | Hong Kong SAR, China | 4.33% | 44.6% |
| 41st | Mauritius | 4.60% | -49.0% |
| 42nd | Nicaragua | 4.60% | -31.3% |
| 43rd | Georgia | 4.64% | -29.3% |
| 44th | Thailand | 4.65% | 53.1% |
| 45th | Malaysia | 4.80% | 0.0% |
| 46th | Egypt, Arab Republic of | 4.89% | 122.3% |
| 47th | Dominican Republic | 5.24% | -39.0% |
| 48th | Norway | 5.35% | 40.6% |
| 49th | Barbados | 5.45% | -0.7% |
| 50th | Macao SAR, China | 5.54% | 91.8% |
| 51st | Costa Rica | 5.82% | -3.4% |
| 52nd | Russian Federation | 5.83% | 9.6% |
| 53rd | Papua New Guinea | 5.97% | -20.5% |
| 54th | Seychelles | 6.06% | -51.4% |
| 55th | Albania | 6.08% | 16.4% |
| 56th | Viet Nam | 6.09% | 18.1% |
| 57th | Montenegro | 6.40% | 55.7% |
| 58th | Kenya | 6.71% | -14.3% |
| 59th | Bahamas, The | 6.73% | 3,666.7% |
| 60th | Vanuatu | 6.79% | 3.6% |
| 61st | Antigua and Barbuda | 6.85% | -12.7% |
| 62nd | Grenada | 7.15% | 74.2% |
| 63rd | Comoros | 7.29% | 26.7% |
| 64th | Samoa | 7.39% | 1.0% |
| 65th | Panama | 7.54% | 15.7% |
| 66th | Cabo Verde | 7.80% | -7.0% |
| 67th | Singapore | 7.83% | 37.4% |
| 68th | Tonga | 7.84% | 429.6% |
| 69th | Colombia | 8.25% | 10.4% |
| 70th | Jordan | 8.25% | 6.4% |
| 71st | Bhutan | 8.28% | -21.7% |
| 72nd | São Tomé and Principe | 8.75% | 24.8% |
| 73rd | St. Vincent and the Grenadines | 8.87% | 49.3% |
| 74th | Bolivia, Plurinational State of | 8.87% | 3.3% |
| 75th | Peru | 8.89% | -27.6% |
| 76th | Myanmar | 9.01% | -10.2% |
| 77th | Rwanda | 9.03% | -34.2% |
| 78th | Jamaica | 9.19% | -9.0% |
| 79th | Trinidad and Tobago | 9.29% | -22.1% |
| 80th | Belize | 9.37% | 2.3% |
| 81st | Guatemala | 9.38% | 5.9% |
| 82nd | Tanzania | 9.64% | -32.9% |
| 83rd | Armenia | 9.64% | -12.0% |
| 84th | Dominica | 9.75% | 8.3% |
| 85th | Indonesia | 9.99% | 15.7% |
| 86th | Aruba | 10.06% | 112.1% |
| 87th | Uzbekistan | 10.61% | 106.8% |
| 88th | Fiji | 10.75% | 69.1% |
| 89th | Paraguay | 11.09% | -8.0% |
| 90th | Kyrgyz Republic | 11.10% | 32.7% |
| 91st | Solomon Islands | 12.17% | 31.7% |
| 92nd | Mongolia | 12.75% | 99.6% |
| 93rd | Honduras | 13.16% | -2.7% |
| 94th | St. Lucia | 13.25% | 154.2% |
| 95th | Algeria | 13.34% | 89.1% |
| 96th | Congo, Democratic Republic of | 13.36% | -46.5% |
| 97th | Mozambique | 13.48% | -1.2% |
| 98th | St. Kitts and Nevis | 14.28% | 66.9% |
| 99th | South Sudan | 14.55% | 158.0% |
| 100th | Maldives | 15.49% | 22.8% |
| 101st | Malawi | 16.94% | 1.7% |
| 102nd | Oman | 18.21% | 119.4% |
| 103rd | Brunei Darussalam | 18.36% | 100.9% |
| 104th | Micronesia, Federated States of | 18.92% | 0.8% |
| 105th | Brazil | 21.20% | -33.6% |
| 106th | Qatar | 22.60% | 127.4% |
| 107th | Kuwait | 24.66% | 400.4% |
| 108th | Gambia, The | 25.26% | 23.4% |
| 109th | Azerbaijan | 26.67% | 52.0% |
| 110th | Timor-Leste | 41.29% | 325.8% |
| 111th | Madagascar | 42.71% | 7.1% |
| 112th | Guyana | 48.52% | 564.5% |
FAQ
What was Iceland's real interest rate in 2020?▾
Iceland's real interest rate in 2020 was 1.36%. This ranked 17th globally.
How did Iceland's real interest rate change in 2020?▾
Iceland's real interest rate decreased by 32.6% in 2020 compared to 2019.
Which country had the highest real interest rate in 2020?▾
Guyana had the highest real interest rate in 2020 at 48.52%.
What is the real interest rate of Iceland in 2020?▾
The real interest rate of Iceland in 2020 was 1.36%. This ranked 17th globally.
How does 2020 compare to 2019 for Iceland's real interest rate?▾
Iceland's real interest rate went from 2.02% in 2019 to 1.36% in 2020, a 32.6% decrease.
Related
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Full ranking 2020
Lending Rate
Deposit Rate
M2 Money Supply Growth
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Peak: 2007
Lowest: 1983
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
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