Long-term interest rate measured by 10-year government bond yield fell 39.1% to 2.42% in Iceland in 2020, according to the National Statistical Office.
Historically, long-term interest rate measured by 10-year government bond yield in Iceland reached an all time high of 11.2% in 2000 and an all time low of 2.42% in 2020. When compared to Iceland's main peers, long-term interest rate measured by 10-year government bond yield in Denmark amounted to -0.347%, 0.808% in Norway, -0.052% in Sweden and 0.353% in United Kingdom in 2020.
Iceland has been ranked 8th within the group of 40 countries we follow in terms of long-term interest rate measured by 10-year government bond yield, 7 places above the position seen 10 years ago.
| Long-Term Interest Rate (10-Year Government Bond Yield) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Belgium | % | 0.476% | 0.723% | 0.795% | 0.193% | -0.103% | ||||||||||||||||
| Denmark | % | 0.321% | 0.477% | 0.456% | -0.185% | -0.347% | ||||||||||||||||
| Finland | % | 0.365% | 0.547% | 0.662% | 0.070% | -0.178% | ||||||||||||||||
| France | % | 0.468% | 0.810% | 0.784% | 0.130% | -0.104% | ||||||||||||||||
| Germany | % | 0.092% | 0.316% | 0.396% | -0.254% | -0.484% | ||||||||||||||||
| Iceland | % | 5.60% | 4.86% | 5.33% | 3.97% | 2.42% | ||||||||||||||||
| Ireland | % | 0.737% | 0.801% | 0.951% | 0.332% | 0.069% | ||||||||||||||||
| Netherlands | % | 0.291% | 0.522% | 0.577% | -0.070% | -0.340% | ||||||||||||||||
| Norway | % | 1.33% | 1.64% | 1.88% | 1.49% | 0.808% | ||||||||||||||||
| Russia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
| Sweden | % | 0.540% | 0.652% | 0.651% | 0.093% | -0.052% | ||||||||||||||||
| United Kingdom | % | 1.31% | 1.24% | 1.46% | 0.936% | 0.353% |
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