Broad Money in Iceland
Iceland: Broad Money was 3.08 trillion Domestic currency in 2024. ▲ Rising
Broad Money in Iceland, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2024, broad money in Iceland stood at 3.08 trillion Domestic currency. That is the highest value across all 24 years on record.
That represents a change of 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.
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 United Arab Emirates 2.75 trillion Domestic currency compare
- 59 Congo 2.64 trillion Domestic currency compare
- 60 Poland 2.48 trillion Domestic currency 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 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.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.