Iceland policy rate in 2012 (4 changes)

Start of year4.125%

End of year5.375%Dec 31, 2012

Net change+125 bp4 hikes, 0 cuts

Average4.805%

Rank by level9 / 38

Changes in 2012

Date	From	To	Change
Mar 21, 2012	4.125%	4.375%	hike +25 bp
May 16, 2012	4.375%	4.875%	hike +50 bp
Jun 13, 2012	4.875%	5.125%	hike +25 bp
Nov 14, 2012	5.125%	5.375%	hike +25 bp

Compared with other areas at the end of 2012

Serbia11.25%

Russia8.25%

India8%

Brazil7.25%

China6%

Indonesia5.75%

Hungary5.75%

Türkiye5.5%

Iceland5.375%

Romania5.25%

South Africa5%

Chile5%

Mexico4.5%

Poland4.25%

Peru4.25%

Colombia4.25%

North Macedonia3.73%

Philippines3.5%

Malaysia3%

Morocco3%

Australia3%

Thailand2.75%

South Korea2.75%

New Zealand2.5%

Saudi Arabia2%

Kuwait2%

Israel1.75%

Norway1.5%

Sweden1%

Canada1%

Euro area0.75%

Hong Kong0.5%

United Kingdom0.5%

United States0.125%

Switzerland0.125%

Japan0.05%

Czechia0.05%

Denmark-0.2%

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%

← 2011 2014 →

2012: hikes and cuts worldwide →

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