Bank return on equity (%, after tax) in Iceland
Iceland: Bank return on equity (%, after tax) was 12.1% in 2021. ▼ Falling
Bank return on equity in Iceland, 2001–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
In 2021, bank return on equity in Iceland stood at 12.1%.
Compared with earlier readings it is up 164.8% on the previous year and up 124.5% over ten years.
Over the whole period, bank return on equity in Iceland peaked at 21.0% in 2010 and was at its lowest, 4.2%, in 2019.
Iceland ranks 60th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Bank return on equity (%, after tax) in Iceland, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2001 | 12.5% | — |
| 2010 | 21.0% | +68.9% |
| 2011 | 5.4% | -74.3% |
| 2012 | 15.4% | +185.8% |
| 2013 | 13.0% | -16.1% |
| 2014 | 15.1% | +16.4% |
| 2015 | 16.7% | +10.9% |
| 2016 | 10.7% | -36.2% |
| 2017 | 7.6% | -29.2% |
| 2018 | 5.4% | -27.9% |
| 2019 | 4.2% | -22.4% |
| 2020 | 4.6% | +8.4% |
| 2021 | 12.1% | +164.8% |
Iceland compared with similar countries
- Iceland's 12.1% is above the median for high income countries, which is 8.7%, 1.4× the median. (63 countries reporting)
- Iceland's 12.1% is above the median for Europe & Central Asia, which is 8.6%, 1.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.5% | 12.5% | 12.5% | 1 |
| 2010s | 11.5% | 4.2% | 21.0% | 10 |
| 2020s | 8.4% | 4.6% | 12.1% | 2 |
Countries ranked near Iceland
More financial sector data for Iceland
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 243.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 177.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 243.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank return on equity in Iceland?
- Bank return on equity in Iceland was 12.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Iceland?
- The highest recorded value was 21.0% in 2010.
- What is the lowest bank return on equity recorded in Iceland?
- The lowest recorded value was 4.2% in 2019.
- How does Iceland rank for bank return on equity?
- Iceland ranks 60th out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Iceland?
- Over the last ten years it is up 124.5%. 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 return on equity (%, after tax). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[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.