Net domestic credit in Iceland
Iceland: Net domestic credit was 4.57 trillion current LCU in 2025. ◆ Volatile
Net domestic credit in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Iceland is 4.57 trillion current LCU, measured in 2025.
Compared with earlier readings it is up 4.3% on the previous year and up 91.2% over ten years.
Over the whole period, net domestic credit in Iceland peaked at 4.58 trillion current LCU in 2008 and was at its lowest, 42.41 million current LCU, in 1960.
That places Iceland 61st out of 186 countries with data for 2025, putting it 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 | 82.36 million current LCU | 42.41 million current LCU | 144.62 million current LCU | 10 |
| 1970s | 915.11 million current LCU | 168.48 million current LCU | 2.79 billion current LCU | 10 |
| 1980s | 57.50 billion current LCU | 4.61 billion current LCU | 168.30 billion current LCU | 10 |
| 1990s | 279.22 billion current LCU | 183.38 billion current LCU | 467.41 billion current LCU | 10 |
| 2000s | 2.42 trillion current LCU | 671.32 billion current LCU | 4.58 trillion current LCU | 10 |
| 2010s | 2.78 trillion current LCU | 2.31 trillion current LCU | 4.09 trillion current LCU | 10 |
| 2020s | 3.87 trillion current LCU | 3.05 trillion current LCU | 4.57 trillion current LCU | 6 |
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)
- 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)
- Claims on central government -2.3% (2025)
Frequently asked questions
- What is net domestic credit in Iceland?
- Net domestic credit in Iceland was 4.57 trillion current LCU in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Iceland?
- The highest recorded value was 4.58 trillion current LCU in 2008.
- What is the lowest net domestic credit recorded in Iceland?
- The lowest recorded value was 42.41 million current LCU in 1960.
- How does Iceland rank for net domestic credit?
- Iceland ranks 61st out of 186 countries with data for 2025.
- Is net domestic credit rising or falling in Iceland?
- Over the last ten years it is up 91.2%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.