Iceland vs United Kingdom of Great Britain and Northern Ireland: Net domestic credit
Net domestic credit over time
- Iceland
- United Kingdom of Great Britain and Northern Ireland
How they compare
Iceland currently reports 4.57 trillion current LCU against 3.89 trillion current LCU in United Kingdom of Great Britain and Northern Ireland, a difference of 679.95 billion current LCU.
That makes Iceland's figure about 1.2 times United Kingdom of Great Britain and Northern Ireland's.
The two have swapped places 3 times across 65 shared years of data; in 1960 it was United Kingdom of Great Britain and Northern Ireland ahead.
Iceland ranks 61st and United Kingdom of Great Britain and Northern Ireland ranks 64th of 186 countries.
Across the 7 decades both report, Iceland averaged higher in 1 and United Kingdom of Great Britain and Northern Ireland in 6.
Head to head by decade
| Decade | Iceland | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 82.36 million current LCU | 18.54 billion current LCU | 18.46 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
| 1970s | 915.11 million current LCU | 48.15 billion current LCU | 47.24 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
| 1980s | 57.50 billion current LCU | 252.87 billion current LCU | 195.37 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
| 1990s | 279.22 billion current LCU | 862.87 billion current LCU | 583.64 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 2.42 trillion current LCU | 2.09 trillion current LCU | 333.98 billion current LCU | Iceland |
| 2010s | 2.78 trillion current LCU | 3.27 trillion current LCU | 491.43 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 3.73 trillion current LCU | 3.99 trillion current LCU | 258.15 billion current LCU | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, Iceland or United Kingdom of Great Britain and Northern Ireland?
- Iceland, at 4.57 trillion current LCU against 3.89 trillion current LCU in United Kingdom of Great Britain and Northern Ireland as of 2025.
- What is the difference in net domestic credit between Iceland and United Kingdom of Great Britain and Northern Ireland?
- 679.95 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and United Kingdom of Great Britain and Northern Ireland?
- 65 years are reported by both, from 1960 to 2024.
- How do Iceland and United Kingdom of Great Britain and Northern Ireland rank globally for net domestic credit?
- Iceland ranks 61st and United Kingdom of Great Britain and Northern Ireland ranks 64th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.