Central Bank RatesIceland policy rate in 2025 (4 changes)
Start of year8.50%
End of year7.25%Dec 30, 2025
Net change-125 bp0 hikes, 4 cuts
Average7.674%
Rank by level5 / 38
Changes in 2025
| Date | From | To | Change |
|---|---|---|---|
| Feb 5, 2025 | 8.50% | 8.00% | cut -50 bp |
| Mar 19, 2025 | 8.00% | 7.75% | cut -25 bp |
| May 21, 2025 | 7.75% | 7.50% | cut -25 bp |
| Nov 19, 2025 | 7.50% | 7.25% | cut -25 bp |
Compared with other areas at the end of 2025
38%
16%
15%
9.25%
7.25%
7%
6.75%
6.5%
6.5%
5.75%
5.25%
4.75%
4.5%
4.5%
4.25%
4.25%
4.25%
4%
4%
4%
4%
3.75%
3.625%
3.6%
3.5%
3.5%
3%
2.75%
2.5%
2.25%
2.25%
2.25%
2%
1.75%
1.6%
1.25%
0.75%
0%
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
2025: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.