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 6449197.00 6371685.00 ISK Million Jun 2026
Central Bank Balance Sheet 990077.00 1003555.00 ISK Million Jul 2026
Foreign Exchange Reserves 959096.00 972909.00 ISK Million Jul 2026
Interbank Rate 8.33 8.33 percent Aug 2026
Interest Rate 8.00 7.75 percent Aug 2026
Money Supply M0 169.19 157.50 ISK Billion Jun 2026
Money Supply M1 723.08 720.90 ISK Billion Jun 2026
Money Supply M2 2465.73 2428.04 ISK Billion Jun 2026
Money Supply M3 3481.20 3440.63 ISK Billion Jun 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