Banking - Iceland



TopicValue
Central bank discount rate (%)5.4
Commercial bank prime lending rate (%)9.3
Value & RankThe Central bank discount rate of Iceland is 5.40 (%) with a global rank of 68.
Iceland compared to other CountriesThe Central bank discount rate of Iceland is similar to that of Paraguay, Namibia, Kazakhstan, India, Guyana, Philippines, Turkey, Peru, South Africa, Madagascar with a respective Central bank discount rate of 5.50, 5.50, 5.50, 5.50, 5.50, 5.30, 5.25, 5.05, 5.00, 5.00 (%) and a global rank of 63, 64, 65, 66, 67, 69, 70, 71, 72, 73.Last 5 years averageIceland had an average Central bank discount rate of 10.5 (%) in the last 5 years from (2007 to 2012).
Iceland since the end of the Great RecessionIceland's Central bank discount rate had a negative growth (decline) of 62.9% since the end of the Great Recession
Central bank discount rate of Iceland
Value & RankThe Commercial bank prime lending rate of Iceland is 9.30 (%) with a global rank of 99.
Iceland compared to other CountriesThe Commercial bank prime lending rate of Iceland is similar to that of St. Vincent and the Grenadines, Grenada, St. Lucia, Russia, Mali, Namibia, Haiti, Dominica, Bulgaria, Nepal with a respective Commercial bank prime lending rate of 9.40, 9.40, 9.30, 9.30, 9.30, 9.25, 9.20, 9.10, 9.10, 9.00 (%) and a global rank of 94, 95, 96, 97, 98, 100, 101, 102, 103, 104.Last 5 years averageIceland had an average Commercial bank prime lending rate of 9.08 (%) in the last 5 years from (2008 to 2013).
Iceland since the end of the Great RecessionIceland's Commercial bank prime lending rate had a negative growth (decline) of 51.1% since the end of the Great Recession
Commercial bank prime lending rate of Iceland
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Datasource: CIA - The World Factbook