Broad money (current LCU), per square kilometre in Iceland
Iceland: Broad money (current LCU), per square kilometre was 27.40 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
27.40 million current LCU per square kilometre
Change on year
up 8.3%
World rank
59th
of 165 countries
All-time high
27.40 million current LCU per square kilometre
in 2023
All-time low
413.96 current LCU per square kilometre
in 1961
Years of data
63
1961–2023
Broad money (current LCU), per square kilometre in Iceland, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Iceland recorded 27.40 million current LCU per square kilometre for broad money (current lcu), per square kilometre in 2023. That is the highest value across all 63 years on record.
That represents a change of up 8.3% on the previous year and up 78.1% over ten years.
Over the whole period, broad money (current lcu), per square kilometre in Iceland peaked at 27.40 million current LCU per square kilometre in 2023 and was at its lowest, 413.96 current LCU per square kilometre, in 1961.
Iceland ranks 59th of 165 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), per square kilometre in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 413.96 current LCU per square kilometre | — |
| 1962 | 517.71 current LCU per square kilometre | +25.1% |
| 1963 | 591.82 current LCU per square kilometre | +14.3% |
| 1964 | 614.75 current LCU per square kilometre | +3.9% |
| 1965 | 769.79 current LCU per square kilometre | +25.2% |
| 1966 | 861.3 current LCU per square kilometre | +11.9% |
| 1967 | 1,038 current LCU per square kilometre | +20.5% |
| 1968 | 1,128 current LCU per square kilometre | +8.7% |
| 1969 | 1,391 current LCU per square kilometre | +23.3% |
| 1970 | 1,723 current LCU per square kilometre | +23.9% |
| 1971 | 2,081 current LCU per square kilometre | +20.8% |
| 1972 | 2,461 current LCU per square kilometre | +18.3% |
| 1973 | 3,260 current LCU per square kilometre | +32.4% |
| 1974 | 4,193 current LCU per square kilometre | +28.6% |
| 1975 | 5,407 current LCU per square kilometre | +29.0% |
| 1976 | 7,185 current LCU per square kilometre | +32.9% |
| 1977 | 10,350 current LCU per square kilometre | +44.1% |
| 1978 | 15,362 current LCU per square kilometre | +48.4% |
| 1979 | 24,152 current LCU per square kilometre | +57.2% |
| 1980 | 39,927 current LCU per square kilometre | +65.3% |
| 1981 | 49,862 current LCU per square kilometre | +24.9% |
| 1982 | 84,914 current LCU per square kilometre | +70.3% |
| 1983 | 152,938 current LCU per square kilometre | +80.1% |
| 1984 | 205,179 current LCU per square kilometre | +34.2% |
| 1985 | 314,925 current LCU per square kilometre | +53.5% |
| 1986 | 415,387 current LCU per square kilometre | +31.9% |
| 1987 | 568,577 current LCU per square kilometre | +36.9% |
| 1988 | 742,233 current LCU per square kilometre | +30.5% |
| 1989 | 1.12 million current LCU per square kilometre | +50.6% |
| 1990 | 1.28 million current LCU per square kilometre | +14.1% |
| 1991 | 1.48 million current LCU per square kilometre | +15.9% |
| 1992 | 1.54 million current LCU per square kilometre | +3.9% |
| 1993 | 1.64 million current LCU per square kilometre | +6.5% |
| 1994 | 1.67 million current LCU per square kilometre | +2.0% |
| 1995 | 1.71 million current LCU per square kilometre | +2.5% |
| 1996 | 1.82 million current LCU per square kilometre | +6.2% |
| 1997 | 1.99 million current LCU per square kilometre | +9.4% |
| 1998 | 2.29 million current LCU per square kilometre | +15.2% |
| 1999 | 2.69 million current LCU per square kilometre | +17.3% |
| 2000 | 2.97 million current LCU per square kilometre | +10.7% |
| 2001 | 3.42 million current LCU per square kilometre | +15.2% |
| 2002 | 3.93 million current LCU per square kilometre | +14.7% |
| 2003 | 4.81 million current LCU per square kilometre | +22.4% |
| 2004 | 5.60 million current LCU per square kilometre | +16.4% |
| 2005 | 7.06 million current LCU per square kilometre | +26.2% |
| 2006 | 11.31 million current LCU per square kilometre | +60.1% |
| 2007 | 11.97 million current LCU per square kilometre | +5.9% |
| 2008 | 15.81 million current LCU per square kilometre | +32.1% |
| 2009 | 16.20 million current LCU per square kilometre | +2.5% |
| 2010 | 14.58 million current LCU per square kilometre | -10.0% |
| 2011 | 15.41 million current LCU per square kilometre | +5.7% |
| 2012 | 14.70 million current LCU per square kilometre | -4.6% |
| 2013 | 15.39 million current LCU per square kilometre | +4.7% |
| 2014 | 16.28 million current LCU per square kilometre | +5.8% |
| 2015 | 17.18 million current LCU per square kilometre | +5.6% |
| 2016 | 16.39 million current LCU per square kilometre | -4.6% |
| 2017 | 17.21 million current LCU per square kilometre | +5.0% |
| 2018 | 18.31 million current LCU per square kilometre | +6.4% |
| 2019 | 19.52 million current LCU per square kilometre | +6.6% |
| 2020 | 20.96 million current LCU per square kilometre | +7.4% |
| 2021 | 23.23 million current LCU per square kilometre | +10.9% |
| 2022 | 25.29 million current LCU per square kilometre | +8.9% |
| 2023 | 27.40 million current LCU per square kilometre | +8.3% |
Iceland compared with similar countries
- Iceland's 27.40 million current LCU per square kilometre is above the median for high income countries, which is 12.91 million current LCU per square kilometre, 2.1× the median. (41 countries reporting)
- Iceland's 27.40 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 10.32 million current LCU per square kilometre, 2.7× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 813.99 current LCU per square kilometre | 413.96 current LCU per square kilometre | 1,391 current LCU per square kilometre | 9 |
| 1970s | 7,617 current LCU per square kilometre | 1,723 current LCU per square kilometre | 24,152 current LCU per square kilometre | 10 |
| 1980s | 369,205 current LCU per square kilometre | 39,927 current LCU per square kilometre | 1.12 million current LCU per square kilometre | 10 |
| 1990s | 1.81 million current LCU per square kilometre | 1.28 million current LCU per square kilometre | 2.69 million current LCU per square kilometre | 10 |
| 2000s | 8.31 million current LCU per square kilometre | 2.97 million current LCU per square kilometre | 16.20 million current LCU per square kilometre | 10 |
| 2010s | 16.50 million current LCU per square kilometre | 14.58 million current LCU per square kilometre | 19.52 million current LCU per square kilometre | 10 |
| 2020s | 24.22 million current LCU per square kilometre | 20.96 million current LCU per square kilometre | 27.40 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 56 Aruba 31.04 million current LCU per square kilometre compare
- 57 China 30.61 million current LCU per square kilometre compare
- 58 United Arab Emirates 28.48 million current LCU per square kilometre compare
- 60 Argentina 25.19 million current LCU per square kilometre compare
- 61 Trinidad and Tobago 24.22 million current LCU per square kilometre compare
- 62 Mongolia 24.14 million current LCU per square kilometre compare
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 broad money (current lcu), per square kilometre in Iceland?
- Broad money (current lcu), per square kilometre in Iceland was 27.40 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest broad money (current lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 27.40 million current LCU per square kilometre in 2023.
- What is the lowest broad money (current lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was 413.96 current LCU per square kilometre in 1961.
- How does Iceland rank for broad money (current lcu), per square kilometre?
- Iceland ranks 59th out of 165 countries with data for 2023.
- Is broad money (current lcu), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 78.1%. 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), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Broad money (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Broad money (current LCU) ÷ Land area (sq. km)
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Broad money (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.