Australia vs Iceland: Outstanding Deposits, Commercial Banks, of Which: Household Sector

Australia
1.54 trillion
in 2024
Iceland
1.69 trillion
in 2024
Australia rank
37th
Iceland rank
34th

Outstanding Deposits, Commercial Banks, of Which: Household Sector over time

  • Australia
  • Iceland
0500.0B1.0T1.5T200420142024

How they compare

Iceland currently reports 1.69 trillion against 1.54 trillion in Australia, a difference of 148.29 billion.

That makes Iceland's figure about 1.1 times Australia's.

The two have swapped places 4 times across 21 shared years of data; in 2004 it was Iceland ahead.

Australia ranks 37th and Iceland ranks 34th of 127 countries.

Across the 3 decades both report, Australia averaged higher in 1 and Iceland in 2.

Head to head by decade

Decade Australia Iceland Difference Ahead
2000s 327.73 billion 525.15 billion 197.42 billion Iceland
2010s 718.63 billion 717.41 billion 1.22 billion Australia
2020s 1.31 trillion 1.33 trillion 16.01 billion Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher outstanding deposits, commercial banks, of which: household sector, Australia or Iceland?
Iceland, at 1.69 trillion against 1.54 trillion in Australia as of 2024.
What is the difference in outstanding deposits, commercial banks, of which: household sector between Australia and Iceland?
148.29 billion, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
21 years are reported by both, from 2004 to 2024.
How do Australia and Iceland rank globally for outstanding deposits, commercial banks, of which: household sector?
Australia ranks 37th and Iceland ranks 34th of 127 countries.
Where does this data come from?
International Monetary Fund, published as Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Outstanding Deposits, Commercial Banks, of Which: Household Sector. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/outstanding-deposits-commercial-banks-of-which-household-sector-deposits/australia/iceland/

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About this data

Indicator
Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
127 places, 2,428 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.