Claims on central government, etc. in Iceland
Iceland: Claims on central government, etc. was -3.9% in 2025. ◆ Volatile
Claims on central government, etc. in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, claims on central government, etc. in Iceland stood at -3.9%.
That represents a change of down 44.8% on the previous year and up 27.9% over ten years.
Over the whole period, claims on central government, etc. in Iceland peaked at 7.8% in 1994 and was at its lowest, -16.4%, in 2006.
Iceland ranks 161st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government, etc. in Iceland, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 0.3% | — |
| 1961 | 2.7% | +805.6% |
| 1962 | 2.6% | -3.6% |
| 1963 | 1.3% | -49.4% |
| 1964 | 1.9% | +47.8% |
| 1965 | 0.8% | -57.9% |
| 1966 | -0.4% | -154.1% |
| 1967 | 2.2% | -595.6% |
| 1968 | 2.7% | +25.3% |
| 1969 | 2.0% | -27.1% |
| 1970 | 0.7% | -65.7% |
| 1971 | -1.1% | -259.8% |
| 1972 | -1.2% | +10.6% |
| 1973 | -0.3% | -74.8% |
| 1974 | 1.2% | -483.9% |
| 1975 | 4.5% | +283.3% |
| 1976 | 3.4% | -23.3% |
| 1977 | 2.3% | -31.9% |
| 1978 | 1.7% | -28.1% |
| 1979 | 0.8% | -51.7% |
| 1980 | 0.9% | +13.2% |
| 1981 | 0.1% | -87.0% |
| 1982 | -0.3% | -337.5% |
| 1983 | 1.0% | -440.4% |
| 1984 | 1.2% | +21.0% |
| 1985 | 2.4% | +109.3% |
| 1986 | 1.4% | -41.2% |
| 1987 | 2.5% | +72.8% |
| 1988 | 4.0% | +62.0% |
| 1989 | 5.0% | +23.3% |
| 1990 | 5.4% | +9.0% |
| 1991 | 5.8% | +8.0% |
| 1992 | 5.2% | -11.3% |
| 1993 | 7.4% | +43.3% |
| 1994 | 7.8% | +5.8% |
| 1995 | 5.0% | -36.6% |
| 1996 | 3.3% | -33.5% |
| 1997 | 3.1% | -6.2% |
| 1998 | -0.3% | -109.9% |
| 1999 | -0.7% | +112.6% |
| 2000 | -1.1% | +68.6% |
| 2001 | -2.2% | +102.4% |
| 2002 | -1.4% | -38.4% |
| 2003 | -0.6% | -58.7% |
| 2004 | -1.3% | +137.9% |
| 2005 | -6.3% | +369.5% |
| 2006 | -16.4% | +158.9% |
| 2007 | -14.0% | -14.1% |
| 2008 | -8.1% | -42.5% |
| 2009 | -2.8% | -65.6% |
| 2010 | -2.4% | -14.3% |
| 2011 | -7.6% | +219.8% |
| 2012 | -5.7% | -24.6% |
| 2013 | -1.8% | -69.0% |
| 2014 | -11.8% | +561.3% |
| 2015 | -5.4% | -54.0% |
| 2016 | -3.1% | -42.8% |
| 2017 | -2.4% | -22.8% |
| 2018 | -6.5% | +171.2% |
| 2019 | -7.0% | +8.5% |
| 2020 | -8.0% | +14.0% |
| 2021 | -7.4% | -8.3% |
| 2022 | -5.0% | -32.4% |
| 2023 | -3.0% | -39.2% |
| 2024 | -2.7% | -10.6% |
| 2025 | -3.9% | +44.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.6% | -0.4% | 2.7% | 10 |
| 1970s | 1.2% | -1.2% | 4.5% | 10 |
| 1980s | 1.8% | -0.3% | 5.0% | 10 |
| 1990s | 4.2% | -0.7% | 7.8% | 10 |
| 2000s | -5.4% | -16.4% | -0.6% | 10 |
| 2010s | -5.4% | -11.8% | -1.8% | 10 |
| 2020s | -5.0% | -8.0% | -2.7% | 6 |
Countries ranked near Iceland
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 claims on central government, etc. in Iceland?
- Claims on central government, etc. in Iceland was -3.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Iceland?
- The highest recorded value was 7.8% in 1994.
- What is the lowest claims on central government, etc. recorded in Iceland?
- The lowest recorded value was -16.4% in 2006.
- How does Iceland rank for claims on central government, etc.?
- Iceland ranks 161st out of 186 countries with data for 2025.
- Is claims on central government, etc. rising or falling in Iceland?
- Over the last ten years it is up 27.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.