Deposit Interest Rate in Iceland increased to 4.85 in 2004 from 4.81 in 2003. Deposit Interest Rate in Iceland averaged 15.21 percent from 1980 until 2004, reaching an all time high of 39.46 percent in 1983 and a record low of 3.03 percent in 1994. source: World Bank



Related Last Previous Unit Reference
Banks Balance Sheet 6165656.00 6249242.00 ISK Million Dec 2025
Central Bank Balance Sheet 991557.00 1001939.00 ISK Million Jan 2026
Foreign Exchange Reserves 958131.00 968197.00 ISK Million Jan 2026
Interbank Rate 7.58 7.58 percent Feb 2026
Interest Rate 7.25 7.25 percent Feb 2026
Money Supply M0 153.71 110.90 ISK Billion Dec 2025
Money Supply M1 705.12 712.33 ISK Billion Dec 2025
Money Supply M2 2260.53 2271.89 ISK Billion Dec 2025
Money Supply M3 3248.69 3285.22 ISK Billion Dec 2025
Private Debt to GDP 164.40 182.50 percent Dec 2023


Deposit Interest Rate in Iceland
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
4.85 4.81 39.46 3.03 1980 - 2004 percent Yearly