Bank overhead costs to total assets in Iceland
Iceland: Bank overhead costs to total assets was 1.7% in 2021. ▼ Falling
Bank overhead costs to total assets in Iceland, 2001–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Iceland recorded 1.7% for bank overhead costs to total assets in 2021. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 4.7% on the previous year and down 11.5% over ten years.
Over the whole period, bank overhead costs to total assets in Iceland peaked at 5.6% in 2013 and was at its lowest, 1.7%, in 2021.
That places Iceland 105th out of 168 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Bank overhead costs to total assets in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 2.3% | — |
| 2009 | 2.5% | +7.4% |
| 2010 | 5.6% | +128.4% |
| 2011 | 2.0% | -64.9% |
| 2012 | 2.6% | +31.3% |
| 2013 | 5.6% | +118.6% |
| 2014 | 2.3% | -59.8% |
| 2015 | 2.3% | +2.8% |
| 2016 | 2.8% | +19.8% |
| 2017 | 2.7% | -1.8% |
| 2018 | 2.3% | -17.0% |
| 2019 | 2.3% | +2.3% |
| 2020 | 1.8% | -21.5% |
| 2021 | 1.7% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | 2.3% | 2.5% | 2 |
| 2010s | 3.1% | 2.0% | 5.6% | 10 |
| 2020s | 1.8% | 1.7% | 1.8% | 2 |
Countries ranked near Iceland
More financial sector data for Iceland
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1281 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,597 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 13.81 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 13,870 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 15 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,388 SDR per person (2025)
Frequently asked questions
- What is bank overhead costs to total assets in Iceland?
- Bank overhead costs to total assets in Iceland was 1.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank overhead costs to total assets recorded in Iceland?
- The highest recorded value was 5.6% in 2013.
- What is the lowest bank overhead costs to total assets recorded in Iceland?
- The lowest recorded value was 1.7% in 2021.
- How does Iceland rank for bank overhead costs to total assets?
- Iceland ranks 105th out of 168 countries with data for 2021.
- Is bank overhead costs to total assets rising or falling in Iceland?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank overhead costs to total assets (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090[t] / ((data2025[t] + data2025[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.