Broad money in Iceland
Iceland: Broad money was 3.08 trillion current LCU in 2024. ◆ Volatile
Broad money in Iceland, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for broad money in Iceland is 3.08 trillion current LCU, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 89.0% over ten years.
Over the whole period, broad money in Iceland peaked at 3.08 trillion current LCU in 2024 and was at its lowest, 32.93 million current LCU, in 1960.
Iceland ranks 65th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 76.74 million current LCU | 32.93 million current LCU | 139.45 million current LCU | 10 |
| 1970s | 763.64 million current LCU | 172.72 million current LCU | 2.42 billion current LCU | 10 |
| 1980s | 37.01 billion current LCU | 4.00 billion current LCU | 112.09 billion current LCU | 10 |
| 1990s | 181.38 billion current LCU | 127.90 billion current LCU | 269.23 billion current LCU | 10 |
| 2000s | 832.89 billion current LCU | 298.15 billion current LCU | 1.62 trillion current LCU | 10 |
| 2010s | 1.66 trillion current LCU | 1.46 trillion current LCU | 1.97 trillion current LCU | 10 |
| 2020s | 2.57 trillion current LCU | 2.11 trillion current LCU | 3.08 trillion current LCU | 5 |
Countries ranked near Iceland
More financial sector data for Iceland
- Domestic credit to private sector 89.2% (2025)
- Claims on central government, etc. -3.9% (2025)
- Broad money 67.4% (2024)
- Monetary Sector credit to private sector 89.2% (2025)
- Net foreign assets 397.39 billion current LCU (2025)
- Net domestic credit 4.57 trillion current LCU (2025)
- Total reserves in months of imports 5.32 (2025)
- Net migration 2,709 (2025)
- Domestic credit to private sector by banks 89.2% (2025)
- Official exchange rate 128.44 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money in Iceland?
- Broad money in Iceland was 3.08 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Iceland?
- The highest recorded value was 3.08 trillion current LCU in 2024.
- What is the lowest broad money recorded in Iceland?
- The lowest recorded value was 32.93 million current LCU in 1960.
- How does Iceland rank for broad money?
- Iceland ranks 65th out of 166 countries with data for 2024.
- Is broad money rising or falling in Iceland?
- Over the last ten years it is up 89.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.