euroref › Countries › Iceland

Iceland government reference data

12 series, each cited to the official source it was verified against. Currency ISK.

SeriesCurrentIn force fromOfficial sourceLast verified
Central Bank of Iceland key interest rate — rate on seven-day term deposits (meginvextir Seðlabankans, vextir á sjö daga bundnum innlánum) 8 percent 2026-08-19 Seðlabanki Íslands — Statement of the Monetary Policy Committee, 19… 2026-09-11
Statutory default interest (dráttarvextir) 15.5 percent 2026-07-01 Lög nr. 38/2001 um vexti og verðtryggingu, 6. gr. og 10. gr… 2026-08-10
Virðisaukaskattur (VSK / VAT) standard rate — almennt skatthlutfall 24 percent 2015-01-01 Skatturinn — Value Added Tax (companies): standard rate of VAT in… 2026-09-12
VAT registration threshold 2000000 ISK 2017-01-01 Lög nr. 50/1988 um virðisaukaskatt, 3. tölul. 4. gr. (current… 2026-08-10
General statutory minimum wage (none — structural null) no single figure — Alþingi (Icelandic Parliament), Lagasafn — Lög nr. 55/1980 um… 2026-07-24
Public holidays (frídagar og helgidagar) (free) 30 days held 2026-01-01 Alþingi, Lagasafn — Lög nr. 88/1971 um 40 stunda vinnuviku, 6. gr… 2026-07-30
CPI inflation (vísitala neysluverðs, twelve-month change) 5.3 percent (YoY) 2026-07-01 Hagstofa Islands / Statistics Iceland - 'Consumer price index in July… 2026-09-13
Tekjuskattur lögaðila — corporate income tax rate (limited companies) 20 percent 2011-01-01 Skatturinn — 'Álagningarseðill og forsendur 2026' (assessment notice… 2026-07-24
Withholding tax rates secondary 12–22% across 5 withholding taxes — no single rate 2025-01-01 Skatturinn, per-topic English pages: Non-resident - 'Dividends paid… 2026-08-11
Tekjuskattur og útsvar einstaklinga — individual income tax, three combined brackets (state tax + municipal tax) 31.49–46.29% across 3 bands 2026-01-01 Skatturinn — 'Staðgreiðsla 2026' / 'Skattþrep í staðgreiðslu 2026'… 2026-07-24
Statutory social-insurance contributions 0.05–15.5% across 8 contribution branches 2026-01-01 Lög nr. 113/1990 um tryggingagjald; Skatturinn (Iceland Revenue and… 2026-08-11
Central Bank of Iceland reference exchange rates 120.43 USD; 4 currencies held 2026-09-11 Central Bank of Iceland — official reference exchange rate (mid), fix… 2026-09-13

Use it from code

# Free — the full catalogue of what we hold
curl https://euroref.dev/catalog

# Any series ($0.005 per call, x402 on Base — no key, no signup)
curl https://euroref.dev/v1/is/policy-rate

# Provenance: the fingerprint of every source cited above
curl https://euroref.dev/provenance/is/policy-rate

What makes this different

Every value above names the official instrument it came from and the date it takes effect, and we record when we last checked it. Where a value could not be verified against its own statute we do not publish an estimate — the series is simply absent. Where a question falls outside what we hold, the API refuses and explains, free of charge, rather than returning a number that looks right.