Interest rate on bank deposits reached 4.85% in 2004 in Iceland, according to the National Central Bank. This is 0.780% more than in the previous year.
Historically, interest rate on bank deposits in Iceland reached an all time high of 42.3% in 1978 and an all time low of 3.03% in 1994.
Iceland has been ranked 67th within the group of 154 countries we follow in terms of interest rate on bank deposits.
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