Iceland vs North America: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Iceland
- North America
How they compare
Iceland currently reports 89.2% against 44.5% in North America, a difference of 44.7%.
That makes Iceland's figure about 2.0 times North America's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 25th and North America ranks 26th of 187 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and North America in 3.
Head to head by decade
| Decade | Iceland | North America | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.2% | 44.6% | 8.3% | North America |
| 1970s | 27.2% | 53.6% | 26.4% | North America |
| 1980s | 34.9% | 55.4% | 20.6% | North America |
| 1990s | 49.9% | 49.2% | 0.7% | Iceland |
| 2000s | 170.8% | 58.4% | 112.5% | Iceland |
| 2010s | 104.1% | 51.0% | 53.0% | Iceland |
| 2020s | 93.3% | 49.1% | 44.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Iceland or North America?
- Iceland, at 89.2% against 44.5% in North America as of 2025.
- What is the difference in monetary sector credit to private sector between Iceland and North America?
- 44.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and North America?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and North America rank globally for monetary sector credit to private sector?
- Iceland ranks 25th and North America ranks 26th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.