Iceland policy rate in 2005 (7 changes)

Start of year7.92%

End of year9.97%Dec 30, 2005

Net change+205 bp6 hikes, 1 cuts

Average8.958%

Rank by level5 / 37

Changes in 2005

Date	From	To	Change
Feb 18, 2005	7.92%	8.38%	hike +46 bp
Mar 22, 2005	8.38%	8.61%	hike +23 bp
Jun 3, 2005	8.61%	9.07%	hike +46 bp
Sep 29, 2005	9.07%	9.75%	hike +68 bp
Oct 10, 2005	9.75%	9.00%	cut -75 bp
Oct 12, 2005	9.00%	9.75%	hike +75 bp
Dec 2, 2005	9.75%	9.97%	hike +22 bp

Compared with other areas at the end of 2005

Brazil18%

Türkiye13.5%

Indonesia12.75%

Russia12%

Iceland9.97%

Serbia8.5%

North Macedonia8.37%

Mexico8.27%

Romania7.5%

Philippines7.5%

New Zealand7.25%

South Africa7%

India6.25%

Kuwait6%

Hungary6%

Colombia6%

Hong Kong5.75%

China5.58%

Australia5.5%

Saudi Arabia4.75%

Poland4.5%

Israel4.5%

United Kingdom4.5%

Chile4.5%

United States4.25%

Thailand4%

South Korea3.75%

Peru3.25%

Morocco3.25%

Canada3.25%

Malaysia3%

Denmark2.4%

Euro area2.25%

Norway2.25%

Czechia2%

Sweden1.5%

Switzerland1%

Year-end rate over time

20268%

20257.25%

20248.5%

20239.25%

20226%

20212%

20200.75%

20193%

20184.5%

20174.25%

20165%

20155.75%

20144.5%

20135.375%

20125.375%

20114.125%

20103.875%

20099.125%

200818%

200713.75%

200613.3%

20059.97%

20047.92%

20035.16%

20025.63%

20019.6%

200010.77%

← 2004 2006 →

2005: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.