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 6671267.00 6582344.00 ISK Million Sep 2026
Central Bank Balance Sheet 954110.00 979981.00 ISK Million Sep 2026
Foreign Exchange Reserves 922658.00 948849.00 ISK Million Sep 2026
Interbank Rate 8.34 8.34 percent Oct 2026
Interest Rate 8.00 8.00 percent Oct 2026
Money Supply M0 131.57 129.93 ISK Billion Sep 2026
Money Supply M1 710.13 707.14 ISK Billion Sep 2026
Money Supply M2 2570.61 2536.97 ISK Billion Sep 2026
Money Supply M3 3628.53 3586.76 ISK Billion Sep 2026
Private Debt to GDP 165.70 174.10 percent Dec 2024


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