Monetary policy rate (percentage points) - Iceland - BIS - Daily
This series is part of the dataset: Monetary policy rates around the globe (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Iceland, the monetary policy rate was 7.50 percent on 11 May 2026, the same as on 8 May.
Sample. This daily series has 7,055 records in total. The series covers the period extending from March 1998 to May 2026.
History. Here's a snapshot of a few descriptive statistics we computed on the full sample: the rate was equal on average to 7.06 percent; it reached a trough of 0.75 on 18 November 2020; it recorded a maximum of 18.00 on 28 October 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-07 | 7.5 |
| 2026-05-08 | 7.5 |
| 2026-05-11 | 7.5 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Central bank policy rate |
| Country | Iceland |
| Economic concept | Interest rate |
| Data type | Interest rate |
| Deflation method | Nominal |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Daily |
| Unit | Percentage points |
| Source | Bank for International Settlements |
| Source type | International organization |
| Data licence | Unrestricted use subject to certain conditions |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.