Broad money (current LCU), per unit of GDP in Iceland
Iceland: Broad money (current LCU), per unit of GDP was 92.95 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
92.95 current LCU per US$ of GDP
Change on year
up 6.7%
World rank
52nd
of 166 countries
All-time high
122.92 current LCU per US$ of GDP
in 2009
All-time low
0.1262 current LCU per US$ of GDP
in 1960
Years of data
65
1960–2024
Broad money (current LCU), per unit of GDP in Iceland, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for broad money (current lcu), per unit of gdp in Iceland is 92.95 current LCU per US$ of GDP, measured in 2024.
The figure is up 6.7% on the previous year and up 2.8% over ten years.
Over the whole period, broad money (current lcu), per unit of gdp in Iceland peaked at 122.92 current LCU per US$ of GDP in 2009 and was at its lowest, 0.1262 current LCU per US$ of GDP, in 1960.
Iceland ranks 52nd 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), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1262 current LCU per US$ of GDP | — |
| 1961 | 0.1556 current LCU per US$ of GDP | +23.3% |
| 1962 | 0.1734 current LCU per US$ of GDP | +11.4% |
| 1963 | 0.1661 current LCU per US$ of GDP | -4.2% |
| 1964 | 0.1351 current LCU per US$ of GDP | -18.7% |
| 1965 | 0.1403 current LCU per US$ of GDP | +3.8% |
| 1966 | 0.1307 current LCU per US$ of GDP | -6.8% |
| 1967 | 0.1594 current LCU per US$ of GDP | +22.0% |
| 1968 | 0.2269 current LCU per US$ of GDP | +42.3% |
| 1969 | 0.3201 current LCU per US$ of GDP | +41.1% |
| 1970 | 0.3169 current LCU per US$ of GDP | -1.0% |
| 1971 | 0.3008 current LCU per US$ of GDP | -5.1% |
| 1972 | 0.284 current LCU per US$ of GDP | -5.6% |
| 1973 | 0.2735 current LCU per US$ of GDP | -3.7% |
| 1974 | 0.2681 current LCU per US$ of GDP | -2.0% |
| 1975 | 0.3723 current LCU per US$ of GDP | +38.9% |
| 1976 | 0.4169 current LCU per US$ of GDP | +12.0% |
| 1977 | 0.4539 current LCU per US$ of GDP | +8.9% |
| 1978 | 0.5924 current LCU per US$ of GDP | +30.5% |
| 1979 | 0.8199 current LCU per US$ of GDP | +38.4% |
| 1980 | 1.14 current LCU per US$ of GDP | +39.5% |
| 1981 | 1.38 current LCU per US$ of GDP | +20.9% |
| 1982 | 2.57 current LCU per US$ of GDP | +85.5% |
| 1983 | 5.36 current LCU per US$ of GDP | +108.8% |
| 1984 | 6.94 current LCU per US$ of GDP | +29.5% |
| 1985 | 10.22 current LCU per US$ of GDP | +47.3% |
| 1986 | 10.09 current LCU per US$ of GDP | -1.3% |
| 1987 | 9.98 current LCU per US$ of GDP | -1.1% |
| 1988 | 11.77 current LCU per US$ of GDP | +18.0% |
| 1989 | 19.09 current LCU per US$ of GDP | +62.2% |
| 1990 | 19.1 current LCU per US$ of GDP | +0.1% |
| 1991 | 20.73 current LCU per US$ of GDP | +8.5% |
| 1992 | 21.02 current LCU per US$ of GDP | +1.4% |
| 1993 | 25.5 current LCU per US$ of GDP | +21.3% |
| 1994 | 25.32 current LCU per US$ of GDP | -0.7% |
| 1995 | 23.28 current LCU per US$ of GDP | -8.0% |
| 1996 | 23.71 current LCU per US$ of GDP | +1.9% |
| 1997 | 25.83 current LCU per US$ of GDP | +8.9% |
| 1998 | 26.58 current LCU per US$ of GDP | +2.9% |
| 1999 | 29.56 current LCU per US$ of GDP | +11.2% |
| 2000 | 32.62 current LCU per US$ of GDP | +10.3% |
| 2001 | 41.25 current LCU per US$ of GDP | +26.5% |
| 2002 | 41.84 current LCU per US$ of GDP | +1.4% |
| 2003 | 41.69 current LCU per US$ of GDP | -0.4% |
| 2004 | 40.17 current LCU per US$ of GDP | -3.6% |
| 2005 | 41.29 current LCU per US$ of GDP | +2.8% |
| 2006 | 64.14 current LCU per US$ of GDP | +55.4% |
| 2007 | 54.64 current LCU per US$ of GDP | -14.8% |
| 2008 | 86.86 current LCU per US$ of GDP | +59.0% |
| 2009 | 122.92 current LCU per US$ of GDP | +41.5% |
| 2010 | 104.96 current LCU per US$ of GDP | -14.6% |
| 2011 | 100.33 current LCU per US$ of GDP | -4.4% |
| 2012 | 98.64 current LCU per US$ of GDP | -1.7% |
| 2013 | 94.96 current LCU per US$ of GDP | -3.7% |
| 2014 | 90.4 current LCU per US$ of GDP | -4.8% |
| 2015 | 97.33 current LCU per US$ of GDP | +7.7% |
| 2016 | 77.92 current LCU per US$ of GDP | -19.9% |
| 2017 | 68.86 current LCU per US$ of GDP | -11.6% |
| 2018 | 69.21 current LCU per US$ of GDP | +0.5% |
| 2019 | 78.77 current LCU per US$ of GDP | +13.8% |
| 2020 | 95.89 current LCU per US$ of GDP | +21.7% |
| 2021 | 89.29 current LCU per US$ of GDP | -6.9% |
| 2022 | 87.41 current LCU per US$ of GDP | -2.1% |
| 2023 | 87.14 current LCU per US$ of GDP | -0.3% |
| 2024 | 92.95 current LCU per US$ of GDP | +6.7% |
Iceland compared with similar countries
- Iceland's 92.95 current LCU per US$ of GDP is above the median for high income countries, which is 2.8 current LCU per US$ of GDP, 33.2× the median. (41 countries reporting)
- Iceland's 92.95 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 8.22 current LCU per US$ of GDP, 11.3× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Broad money (current LCU), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +108.8% | 2.57 current LCU per US$ of GDP | 5.36 current LCU per US$ of GDP |
| 1982 | +85.5% | 1.38 current LCU per US$ of GDP | 2.57 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1734 current LCU per US$ of GDP | 0.1262 current LCU per US$ of GDP | 0.3201 current LCU per US$ of GDP | 10 |
| 1970s | 0.4099 current LCU per US$ of GDP | 0.2681 current LCU per US$ of GDP | 0.8199 current LCU per US$ of GDP | 10 |
| 1980s | 7.85 current LCU per US$ of GDP | 1.14 current LCU per US$ of GDP | 19.09 current LCU per US$ of GDP | 10 |
| 1990s | 24.06 current LCU per US$ of GDP | 19.1 current LCU per US$ of GDP | 29.56 current LCU per US$ of GDP | 10 |
| 2000s | 56.74 current LCU per US$ of GDP | 32.62 current LCU per US$ of GDP | 122.92 current LCU per US$ of GDP | 10 |
| 2010s | 88.14 current LCU per US$ of GDP | 68.86 current LCU per US$ of GDP | 104.96 current LCU per US$ of GDP | 10 |
| 2020s | 90.54 current LCU per US$ of GDP | 87.14 current LCU per US$ of GDP | 95.89 current LCU per US$ of GDP | 5 |
Countries ranked near Iceland
- 49 Niger 100.79 current LCU per US$ of GDP compare
- 50 Vanuatu 98.82 current LCU per US$ of GDP compare
- 51 Algeria 98.5 current LCU per US$ of GDP compare
- 53 Cape Verde 92.17 current LCU per US$ of GDP compare
- 54 Chad 88.64 current LCU per US$ of GDP compare
- 55 Equatorial Guinea 82.8 current LCU per US$ of GDP 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 unit of gdp in Iceland?
- Broad money (current lcu), per unit of gdp in Iceland was 92.95 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest broad money (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 122.92 current LCU per US$ of GDP in 2009.
- What is the lowest broad money (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1262 current LCU per US$ of GDP in 1960.
- How does Iceland rank for broad money (current lcu), per unit of gdp?
- Iceland ranks 52nd out of 166 countries with data for 2024.
- Is broad money (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 2.8%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Broad money (current LCU) ÷ GDP (current US$)
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.