Central Bank RatesIceland policy rate in 2019 (5 changes)
Start of year4.50%
End of year3.00%Dec 31, 2019
Net change-150 bp0 hikes, 5 cuts
Average3.877%
Rank by level12 / 38
Changes in 2019
| Date | From | To | Change |
|---|---|---|---|
| May 22, 2019 | 4.50% | 4.00% | cut -50 bp |
| Jun 26, 2019 | 4.00% | 3.75% | cut -25 bp |
| Aug 28, 2019 | 3.75% | 3.50% | cut -25 bp |
| Oct 2, 2019 | 3.50% | 3.25% | cut -25 bp |
| Nov 6, 2019 | 3.25% | 3.00% | cut -25 bp |
Compared with other areas at the end of 2019
12%
7.25%
6.5%
6.25%
5.15%
5%
4.5%
4.25%
4.15%
4%
3%
3%
2.75%
2.5%
2.49%
2.25%
2.25%
2.25%
2.25%
2.25%
2%
1.75%
1.75%
1.625%
1.5%
1.5%
1.25%
1.25%
1%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.25%
-0.75%
-0.75%
Year-end rate over time
8%
7.25%
8.5%
9.25%
6%
2%
0.75%
3%
4.5%
4.25%
5%
5.75%
4.5%
5.375%
5.375%
4.125%
3.875%
9.125%
18%
13.75%
13.3%
9.97%
7.92%
5.16%
5.63%
9.6%
10.77%
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
- 2026
2019: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.