Long-term interest rate (per cent) - Iceland - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In Iceland, the long-term interest rate was 5.87 per cent in August 2022, versus 5.74 in July.
Sample. There are 346 observations overall in the monthly time series displayed in the graph above. The series covers the span of time stretching from November 1993 to August 2022.
History. Check out a few statistics we calculated on the whole sample: the interest rate hit a peak of 15.01 per cent in October 2008; it recorded a minimum of 1.94 in May 2020; it averaged 7.20.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2022-06-30 | 5.75 |
| 2022-07-31 | 5.74 |
| 2022-08-31 | 5.87 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Long-term interest rate |
| Country | Iceland |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Long-term interest rates generally refer to government bonds maturing in ten years. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.