Iceland - Real Interest Rate 2022
-1.13%
−0.43pp from 2021
Iceland's real interest rate was -1.13% in 2022, decreased +0.43pp from -0.70% in 2021. This was the 37th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Sudan | -52.14% | -539.5% |
| 2nd | Zimbabwe | -38.09% | -25.6% |
| 3rd | Suriname | -23.21% | 20.3% |
| 4th | Norway | -19.60% | -31.4% |
| 5th | Qatar | -16.93% | -11.4% |
| 6th | Azerbaijan | -16.52% | -289.1% |
| 7th | Brunei Darussalam | -15.08% | -74.7% |
| 8th | Haiti | -12.84% | -155.6% |
| 9th | Algeria | -12.14% | -77.4% |
| 10th | Ukraine | -12.09% | -31.0% |
| 11th | Kuwait | -11.66% | 41.3% |
| 12th | Bulgaria | -10.50% | -294.1% |
| 13th | Argentina | -9.82% | 17.2% |
| 14th | Bosnia and Herzegovina | -7.56% | -350.2% |
| 15th | Botswana | -7.40% | -156.2% |
| 16th | Trinidad and Tobago | -7.28% | 10.3% |
| 17th | Papua New Guinea | -6.12% | -72.7% |
| 18th | Sierra Leone | -6.02% | -156.8% |
| 19th | Moldova | -5.94% | -722.5% |
| 20th | Montenegro | -5.74% | -975.8% |
| 21st | Russian Federation | -5.69% | 39.0% |
| 22nd | Czechia | -4.09% | -411.4% |
| 23rd | North Macedonia | -3.89% | -809.6% |
| 24th | Romania | -3.83% | -41,679.5% |
| 25th | Guyana | -3.25% | 70.6% |
| 26th | Albania | -3.05% | -222.6% |
| 27th | Hungary | -2.91% | 3.6% |
| 28th | Burundi | -2.85% | -214.0% |
| 29th | Fiji | -2.44% | -130.9% |
| 30th | Malaysia | -2.25% | -6.4% |
| 31st | Vanuatu | -2.18% | -125.4% |
| 32nd | Belarus | -1.89% | 58.2% |
| 33rd | Israel | -1.88% | -339.8% |
| 34th | Thailand | -1.45% | -215.1% |
| 35th | Tonga | -1.23% | -121.9% |
| 36th | Italy | -1.15% | -257.0% |
| 37th | Iceland | -1.13% | -61.7% |
| 38th | Jamaica | -1.11% | -124.3% |
| 39th | Indonesia | -0.96% | -134.8% |
| 40th | Mauritius | -0.94% | -124.8% |
| 41st | Kyrgyz Republic | -0.83% | -252.7% |
| 42nd | St. Vincent and the Grenadines | -0.52% | -107.5% |
| 43rd | Switzerland | -0.38% | -129.3% |
| 44th | Eswatini | -0.34% | -104.8% |
| 45th | Timor-Leste | -0.33% | 98.9% |
| 46th | Bahamas, The | 0.12% | -97.8% |
| 47th | Egypt, Arab Republic of | 0.14% | -96.7% |
| 48th | Rwanda | 0.50% | -96.1% |
| 49th | Antigua and Barbuda | 0.50% | -78.8% |
| 50th | Colombia | 0.77% | -46.1% |
| 51st | Nicaragua | 0.78% | -86.8% |
| 52nd | San Marino | 1.01% | -39.2% |
| 53rd | Costa Rica | 1.02% | -66.8% |
| 54th | Belize | 1.15% | -85.3% |
| 55th | Cabo Verde | 1.40% | -77.4% |
| 56th | Mexico | 1.42% | 267.0% |
| 57th | Angola | 1.69% | 114.1% |
| 58th | Aruba | 1.74% | -63.2% |
| 59th | São Tomé and Principe | 1.83% | -85.5% |
| 60th | Bangladesh | 1.97% | -35.9% |
| 61st | Namibia | 2.06% | -60.7% |
| 62nd | Dominican Republic | 2.10% | -5.8% |
| 63rd | St. Lucia | 2.20% | 150.8% |
| 64th | China | 2.37% | 2,098.9% |
| 65th | Korea | 2.44% | 949.7% |
| 66th | India | 2.52% | 695.5% |
| 67th | Comoros | 2.71% | -70.4% |
| 68th | Lesotho | 3.27% | -33.6% |
| 69th | Hong Kong SAR, China | 3.36% | -21.7% |
| 70th | South Africa | 3.37% | 467.0% |
| 71st | Viet Nam | 3.42% | -28.7% |
| 72nd | Armenia | 3.46% | -24.0% |
| 73rd | St. Kitts and Nevis | 3.47% | -67.6% |
| 74th | Nigeria | 3.97% | 487.4% |
| 75th | Macao SAR, China | 4.13% | -32.9% |
| 76th | Panama | 4.61% | -15.3% |
| 77th | Jordan | 4.63% | -1.6% |
| 78th | Grenada | 4.72% | 27.0% |
| 79th | Honduras | 4.84% | -55.4% |
| 80th | Kenya | 5.03% | -32.3% |
| 81st | Bolivia, Plurinational State of | 5.04% | 0.1% |
| 82nd | Georgia | 5.10% | 146.7% |
| 83rd | Guatemala | 5.22% | -40.6% |
| 84th | Uruguay | 5.44% | 266.7% |
| 85th | Samoa | 5.61% | -39.7% |
| 86th | Dominica | 6.26% | 19.0% |
| 87th | Uzbekistan | 6.36% | -6.4% |
| 88th | Malawi | 6.99% | -52.0% |
| 89th | Maldives | 7.27% | -14.5% |
| 90th | Seychelles | 7.42% | 18.9% |
| 91st | Peru | 7.73% | 829.4% |
| 92nd | Bhutan | 7.76% | 31.0% |
| 93rd | Gambia, The | 9.36% | -17.1% |
| 94th | Barbados | 9.42% | 605.2% |
| 95th | Mozambique | 10.06% | -22.7% |
| 96th | Brazil | 28.40% | 89.2% |
| 97th | Madagascar | 35.76% | -9.5% |
FAQ
What was Iceland's real interest rate in 2022?▾
Iceland's real interest rate in 2022 was -1.13%. This ranked 37th globally.
How did Iceland's real interest rate change in 2022?▾
Iceland's real interest rate decreased by 61.7% in 2022 compared to 2021.
Which country had the highest real interest rate in 2022?▾
Madagascar had the highest real interest rate in 2022 at 35.76%.
What is the real interest rate of Iceland in 2022?▾
The real interest rate of Iceland in 2022 was -1.13%. This ranked 37th globally.
How does 2022 compare to 2021 for Iceland's real interest rate?▾
Iceland's real interest rate went from -0.70% in 2021 to -1.13% in 2022, a 61.7% decrease.
Related
2021
2023
All years
Full ranking 2022
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 2007
Lowest: 1983
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
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vs United States
NATO Real Interest Rate
OECD Real Interest Rate
Global Ranking