Bank return on equity in Iceland

Iceland: Bank return on equity was 12.1% in 2021. ▼ Falling

Latest (2021)
12.1%
Change on year
up 164.8%
World rank
60th
of 167 countries
All-time high
21.0%
in 2010
All-time low
4.2%
in 2019
Years of data
13
2001–2021

Bank return on equity in Iceland, 2001–2021

51015202001201120212001: 12.5 %, after tax2010: 21 %, after tax2011: 5.4 %, after tax2012: 15.4 %, after tax2013: 13 %, after tax2014: 15.1 %, after tax2015: 16.7 %, after tax2016: 10.7 %, after tax2017: 7.6 %, after tax2018: 5.4 %, after tax2019: 4.2 %, after tax2020: 4.6 %, after tax2021: 12.1 %, after tax

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 167 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 57 Nepal 12.4% compare
  2. 58 Republic of Moldova 12.3% compare
  3. 59 Peru 12.2% compare
  4. 61 Nigeria 11.8% compare
  5. 62 Mali 11.8% compare
  6. 63 Tunisia 11.7% compare

See the full ranking of 167 places →

More financial sector data for Iceland

All data for Iceland →

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 167 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.

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Bank return on equity in Iceland. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 21 August 2026, from https://financial-sector.statizoid.com/stat/bank-return-on-equity-percent-after-tax/iceland/

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About this data

Indicator
Bank return on equity (%, after tax)
Unit
%, after tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,195 data points, 2000–2021
Last refreshed

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.