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Iceland · Interest rate

Iceland Interest rate

Source: Bank for International Settlements — central bank policy rates. · updated 2026-07-31

Latest · 2026-07-317.75%
Previous · 2026-06-307.75%
Highest · 2008-10-0118%
Lowest · 2020-11-010.75%

Iceland's interest rate stands at 7.75% as of 2026-07-31, up from 7.75% in 2026-06-30. Historical data runs from 2001 to 2026 (600 observations).

Recent trend

In 2026-07-31, Iceland's interest rate was 7.75%, unchanged from 7.75% in 2026-06-30.

In 2026-06-30, Iceland's interest rate was 7.75%, unchanged from 7.75% in 2026-05-31.

In 2026-05-31, Iceland's interest rate was 7.75%, up from 7.5% in 2026-04-30.

In 2026-04-30, Iceland's interest rate was 7.5%, unchanged from 7.5% in 2026-03-31.

In 2026-03-31, Iceland's interest rate was 7.5%, up from 7.25% in 2026-02-28.

Iceland Interest rate — historical data

DateValueChange
2026-07-317.75%+0%
2026-06-307.75%+0%
2026-05-317.75%+0.25%
2026-04-307.5%+0%
2026-03-317.5%+0.25%
2026-02-287.25%+0%
2026-01-317.25%+0%
2025-12-317.25%+0%
2025-11-307.25%-0.25%
2025-10-317.5%+0%
2025-09-307.5%+0%
2025-08-317.5%+0%
2025-07-317.5%+0%
2025-06-307.5%+0%
2025-06-017.5%+0%
2025-05-317.5%+0%
2025-05-017.5%-0.25%
2025-04-307.75%+0%
2025-04-017.75%+0%
2025-03-317.75%+0%
2025-03-017.75%-0.25%
2025-02-288%+0%
2025-02-018%-0.5%
2025-01-318.5%+0%
2025-01-018.5%+0%
2024-12-318.5%+0%
2024-12-018.5%+0%
2024-11-308.5%+0%
2024-11-018.5%-0.5%
2024-10-319%+0%
2024-10-019%-0.25%
2024-09-309.25%+0%
2024-09-019.25%+0%
2024-08-319.25%+0%
2024-08-019.25%+0%
2024-07-319.25%+0%
2024-07-019.25%+0%
2024-06-309.25%+0%
2024-06-019.25%+0%
2024-05-319.25%+0%
2024-05-019.25%+0%
2024-04-309.25%+0%
2024-04-019.25%+0%
2024-03-319.25%+0%
2024-03-019.25%+0%
2024-02-299.25%+0%
2024-02-019.25%+0%
2024-01-319.25%+0%
2024-01-019.25%+0%
2023-12-319.25%+0%
2023-12-019.25%+0%
2023-11-309.25%+0%
2023-11-019.25%+0%
2023-10-319.25%+0%
2023-10-019.25%+0%
2023-09-309.25%+0%
2023-09-019.25%+0%
2023-08-319.25%+0%
2023-08-019.25%+0.5%
2023-07-318.75%+0%
2023-07-018.75%+0%
2023-06-308.75%+0%
2023-06-018.75%+0%
2023-05-318.75%+0%
2023-05-018.75%+1.25%
2023-04-307.5%+0%
2023-04-017.5%+0%
2023-03-317.5%+0%
2023-03-017.5%+1%
2023-02-286.5%+0%
2023-02-016.5%+0.5%
2023-01-316%+0%
2023-01-016%+0%
2022-12-316%+0%
2022-12-016%+0%
2022-11-306%+0%
2022-11-016%+0.25%
2022-10-315.75%+0%
2022-10-015.75%+0.25%
2022-09-305.5%+0%

Source: Bank for International Settlements — central bank policy rates. · Download this series as CSV — free, attribution required (CC BY 4.0).

More Iceland data

Frequently asked questions

What is Iceland's interest rate?

Iceland's interest rate is 7.75% as of 2026-07-31, compared with 7.75% in 2026-06-30. Source: Bank for International Settlements — central bank policy rates.

What was the highest interest rate in Iceland?

The highest recorded value is 18% (2008-10-01); the lowest is 0.75% (2020-11-01), across data from 2001 to 2026.

Where does this data come from?

Source: Bank for International Settlements — central bank policy rates. Figures are republished with attribution and updated as the source releases new observations.