Broad Money in Iceland
Iceland: Broad Money was 3.08 trillion Domestic currency in 2024. ▲ Rising
Latest (2024)
3.08 trillion Domestic currency
Change on year
up 11.7%
World rank
57th
of 144 countries
All-time high
3.08 trillion Domestic currency
in 2024
All-time low
343.35 billion Domestic currency
in 2001
Years of data
24
2001–2024
Broad Money in Iceland, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Iceland recorded 3.08 trillion Domestic currency for broad money in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 89.0% over ten years.
Over the whole period, broad money in Iceland peaked at 3.08 trillion Domestic currency in 2024 and was at its lowest, 343.35 billion Domestic currency, in 2001.
That places Iceland 57th out of 144 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Broad Money in Iceland, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 343.35 billion Domestic currency | — |
| 2002 | 393.96 billion Domestic currency | +14.7% |
| 2003 | 482.09 billion Domestic currency | +22.4% |
| 2004 | 560.93 billion Domestic currency | +16.4% |
| 2005 | 707.93 billion Domestic currency | +26.2% |
| 2006 | 1.13 trillion Domestic currency | +60.1% |
| 2007 | 1.20 trillion Domestic currency | +5.9% |
| 2008 | 1.58 trillion Domestic currency | +32.1% |
| 2009 | 1.62 trillion Domestic currency | +2.5% |
| 2010 | 1.46 trillion Domestic currency | -10.0% |
| 2011 | 1.54 trillion Domestic currency | +5.7% |
| 2012 | 1.47 trillion Domestic currency | -4.6% |
| 2013 | 1.54 trillion Domestic currency | +4.7% |
| 2014 | 1.63 trillion Domestic currency | +5.8% |
| 2015 | 1.72 trillion Domestic currency | +5.6% |
| 2016 | 1.64 trillion Domestic currency | -4.6% |
| 2017 | 1.73 trillion Domestic currency | +5.0% |
| 2018 | 1.85 trillion Domestic currency | +7.0% |
| 2019 | 1.97 trillion Domestic currency | +6.6% |
| 2020 | 2.11 trillion Domestic currency | +7.4% |
| 2021 | 2.34 trillion Domestic currency | +10.9% |
| 2022 | 2.55 trillion Domestic currency | +8.9% |
| 2023 | 2.76 trillion Domestic currency | +8.3% |
| 2024 | 3.08 trillion Domestic currency | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 892.30 billion Domestic currency | 343.35 billion Domestic currency | 1.62 trillion Domestic currency | 9 |
| 2010s | 1.66 trillion Domestic currency | 1.46 trillion Domestic currency | 1.97 trillion Domestic currency | 10 |
| 2020s | 2.57 trillion Domestic currency | 2.11 trillion Domestic currency | 3.08 trillion Domestic currency | 5 |
Countries ranked near Iceland
- 54 Dominican Republic 3.26 trillion Domestic currency compare
- 55 Norway 3.19 trillion Domestic currency compare
- 56 Togo 3.16 trillion Domestic currency compare
- 58 Congo 2.64 trillion Domestic currency compare
- 59 Poland 2.48 trillion Domestic currency compare
- 60 Malaysia 2.44 trillion Domestic currency compare
More financial sector data for Iceland
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1281 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,597 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 13.81 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 13,870 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 15 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,388 SDR per person (2025)
Frequently asked questions
- What is broad money in Iceland?
- Broad money in Iceland was 3.08 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money recorded in Iceland?
- The highest recorded value was 3.08 trillion Domestic currency in 2024.
- What is the lowest broad money recorded in Iceland?
- The lowest recorded value was 343.35 billion Domestic currency in 2001.
- How does Iceland rank for broad money?
- Iceland ranks 57th out of 144 countries with data for 2024.
- Is broad money rising or falling in Iceland?
- Over the last ten years it is up 89.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April