Iceland vs South Africa: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans

Iceland
2.19 trillion
in 2024
South Africa
2.33 trillion
in 2025
Iceland rank
31st
South Africa rank
30th

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

  • Iceland
  • South Africa
500.0B1.0T1.5T2.0T2.5T200420142025

How they compare

South Africa currently reports 2.33 trillion against 2.19 trillion in Iceland, a difference of 140.14 billion.

That makes South Africa's figure about 1.1 times Iceland's.

Across all 21 years both countries report, South Africa has been ahead every year.

Iceland ranks 31st and South Africa ranks 30th of 134 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland South Africa Difference Ahead
2000s 650.08 billion 781.48 billion 131.40 billion South Africa
2010s 927.67 billion 1.42 trillion 491.14 billion South Africa
2020s 1.91 trillion 2.02 trillion 116.80 billion South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher outstanding loans, commercial banks, of which: household sector loans, Iceland or South Africa?
South Africa, at 2.33 trillion against 2.19 trillion in Iceland as of 2025.
What is the difference in outstanding loans, commercial banks, of which: household sector loans between Iceland and South Africa?
140.14 billion, with South Africa ahead.
How many years of comparable data are there for Iceland and South Africa?
21 years are reported by both, from 2004 to 2024.
How do Iceland and South Africa rank globally for outstanding loans, commercial banks, of which: household sector loans?
Iceland ranks 31st and South Africa ranks 30th of 134 countries.
Where does this data come from?
International Monetary Fund, published as Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs South Africa: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/outstanding-loans-commercial-banks-of-which-household-sector-loans/iceland/south-africa/

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About this data

Indicator
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
134 places, 2,549 data points, 2004–2025
Last refreshed

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