Bank Z-score in Iceland
Iceland: Bank Z-score was 1.28 in 2021. ◆ Volatile
Bank Z-score in Iceland, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for bank z-score in Iceland is 1.28, measured in 2021.
Compared with earlier readings it is up 3.8% on the previous year and up 15.1% over ten years.
Over the whole period, bank z-score in Iceland peaked at 5.47 in 2015 and was at its lowest, 0.4461, in 2000.
Iceland ranks 169th of 169 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6864 | 0.4461 | 1.1 | 3 |
| 2010s | 1.82 | 1.11 | 5.47 | 10 |
| 2020s | 1.25 | 1.23 | 1.28 | 2 |
Countries ranked near Iceland
More financial sector data for Iceland
- Domestic credit to private sector by banks 89.2% (2025)
- Total reserves in months of imports 5.32 (2025)
- Net domestic credit 4.57 trillion current LCU (2025)
- Net foreign assets 397.39 billion current LCU (2025)
- Monetary Sector credit to private sector 89.2% (2025)
- Broad money 67.4% (2024)
- Claims on central government, etc. -3.9% (2025)
- Domestic credit to private sector 89.2% (2025)
- Official exchange rate 128.44 LCU per US$, period average (2025)
- Net migration 2,709 (2025)
Frequently asked questions
- What is bank z-score in Iceland?
- Bank z-score in Iceland was 1.28 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Iceland?
- The highest recorded value was 5.47 in 2015.
- What is the lowest bank z-score recorded in Iceland?
- The lowest recorded value was 0.4461 in 2000.
- How does Iceland rank for bank z-score?
- Iceland ranks 169th out of 169 countries with data for 2021.
- Is bank z-score rising or falling in Iceland?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.