Broad money (current LCU), annual growth rate in Iceland
Iceland: Broad money (current LCU), annual growth rate was 11.66 % change on previous year in 2024. ◆ Volatile
Latest (2024)
11.66 % change on previous year
Change on year
up 40.1%
World rank
66th
of 166 countries
All-time high
80.11 % change on previous year
in 1983
All-time low
-10.02 % change on previous year
in 2010
Years of data
64
1961–2024
Broad money (current LCU), annual growth rate in Iceland, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 11.66 % change on previous year for broad money (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 40.1% on the previous year and up 101.4% over ten years.
Over the whole period, broad money (current lcu), annual growth rate in Iceland peaked at 80.11 % change on previous year in 1983 and was at its lowest, -10.02 % change on previous year, in 2010.
Iceland ranks 66th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 26.02 % change on previous year | — |
| 1962 | 25.06 % change on previous year | -3.7% |
| 1963 | 14.32 % change on previous year | -42.9% |
| 1964 | 3.87 % change on previous year | -72.9% |
| 1965 | 25.22 % change on previous year | +550.8% |
| 1966 | 11.89 % change on previous year | -52.9% |
| 1967 | 20.49 % change on previous year | +72.4% |
| 1968 | 8.67 % change on previous year | -57.7% |
| 1969 | 23.35 % change on previous year | +169.3% |
| 1970 | 23.86 % change on previous year | +2.2% |
| 1971 | 20.79 % change on previous year | -12.9% |
| 1972 | 18.28 % change on previous year | -12.1% |
| 1973 | 32.44 % change on previous year | +77.5% |
| 1974 | 28.63 % change on previous year | -11.8% |
| 1975 | 28.95 % change on previous year | +1.1% |
| 1976 | 32.87 % change on previous year | +13.5% |
| 1977 | 44.06 % change on previous year | +34.0% |
| 1978 | 48.43 % change on previous year | +9.9% |
| 1979 | 57.22 % change on previous year | +18.2% |
| 1980 | 65.32 % change on previous year | +14.2% |
| 1981 | 24.88 % change on previous year | -61.9% |
| 1982 | 70.3 % change on previous year | +182.5% |
| 1983 | 80.11 % change on previous year | +14.0% |
| 1984 | 34.16 % change on previous year | -57.4% |
| 1985 | 53.49 % change on previous year | +56.6% |
| 1986 | 31.9 % change on previous year | -40.4% |
| 1987 | 36.88 % change on previous year | +15.6% |
| 1988 | 30.54 % change on previous year | -17.2% |
| 1989 | 50.64 % change on previous year | +65.8% |
| 1990 | 14.11 % change on previous year | -72.1% |
| 1991 | 15.91 % change on previous year | +12.8% |
| 1992 | 3.9 % change on previous year | -75.5% |
| 1993 | 6.53 % change on previous year | +67.6% |
| 1994 | 2.04 % change on previous year | -68.8% |
| 1995 | 2.52 % change on previous year | +23.8% |
| 1996 | 6.19 % change on previous year | +145.6% |
| 1997 | 9.35 % change on previous year | +51.1% |
| 1998 | 15.19 % change on previous year | +62.4% |
| 1999 | 17.26 % change on previous year | +13.6% |
| 2000 | 10.74 % change on previous year | -37.8% |
| 2001 | 15.16 % change on previous year | +41.2% |
| 2002 | 14.74 % change on previous year | -2.8% |
| 2003 | 22.37 % change on previous year | +51.7% |
| 2004 | 16.35 % change on previous year | -26.9% |
| 2005 | 26.21 % change on previous year | +60.2% |
| 2006 | 60.12 % change on previous year | +129.4% |
| 2007 | 5.85 % change on previous year | -90.3% |
| 2008 | 32.09 % change on previous year | +448.2% |
| 2009 | 2.47 % change on previous year | -92.3% |
| 2010 | -10.02 % change on previous year | -505.6% |
| 2011 | 5.69 % change on previous year | -156.8% |
| 2012 | -4.57 % change on previous year | -180.2% |
| 2013 | 4.65 % change on previous year | -201.9% |
| 2014 | 5.79 % change on previous year | +24.3% |
| 2015 | 5.57 % change on previous year | -3.7% |
| 2016 | -4.63 % change on previous year | -183.2% |
| 2017 | 5.03 % change on previous year | -208.6% |
| 2018 | 6.99 % change on previous year | +38.9% |
| 2019 | 6.59 % change on previous year | -5.7% |
| 2020 | 7.37 % change on previous year | +11.7% |
| 2021 | 10.87 % change on previous year | +47.5% |
| 2022 | 8.87 % change on previous year | -18.4% |
| 2023 | 8.32 % change on previous year | -6.2% |
| 2024 | 11.66 % change on previous year | +40.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.65 % change on previous year | 3.87 % change on previous year | 26.02 % change on previous year | 9 |
| 1970s | 33.55 % change on previous year | 18.28 % change on previous year | 57.22 % change on previous year | 10 |
| 1980s | 47.82 % change on previous year | 24.88 % change on previous year | 80.11 % change on previous year | 10 |
| 1990s | 9.3 % change on previous year | 2.04 % change on previous year | 17.26 % change on previous year | 10 |
| 2000s | 20.61 % change on previous year | 2.47 % change on previous year | 60.12 % change on previous year | 10 |
| 2010s | 2.11 % change on previous year | -10.02 % change on previous year | 6.99 % change on previous year | 10 |
| 2020s | 9.42 % change on previous year | 7.37 % change on previous year | 11.66 % change on previous year | 5 |
Countries ranked near Iceland
- 63 Mali 12 % change on previous year compare
- 64 Dominican Republic 11.95 % change on previous year compare
- 65 Colombia 11.91 % change on previous year compare
- 67 Bhutan 11.51 % change on previous year compare
- 68 Nicaragua 11.33 % change on previous year compare
- 69 India 11.3 % change on previous year compare
More financial sector data for Iceland
- Net domestic credit (current LCU), per capita 11.64 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 118.35 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.23 million SDR (2025)
- Gold reserves at market value 203.48 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.94 billion SDR (2025)
- Reserves excluding gold 5.44 billion SDR (2025)
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
Frequently asked questions
- What is broad money (current lcu), annual growth rate in Iceland?
- Broad money (current lcu), annual growth rate in Iceland was 11.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest broad money (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 80.11 % change on previous year in 1983.
- What is the lowest broad money (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -10.02 % change on previous year in 2010.
- How does Iceland rank for broad money (current lcu), annual growth rate?
- Iceland ranks 66th out of 166 countries with data for 2024.
- Is broad money (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 101.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.