Consolidated foreign claims of BIS reporting banks to GDP in Iceland
Iceland: Consolidated foreign claims of BIS reporting banks to GDP was 11.6% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Iceland, 1983–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
Iceland recorded 11.6% for consolidated foreign claims of bis reporting banks to gdp in 2020.
That represents a change of up 39.0% on the previous year and down 89.2% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Iceland peaked at 320.8% in 2007 and was at its lowest, 8.4%, in 2019.
Iceland ranks 113th of 182 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.
Consolidated foreign claims of BIS reporting banks to GDP in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 33.4% | — |
| 1984 | 36.0% | +8.0% |
| 1985 | 51.5% | +43.0% |
| 1986 | 35.2% | -31.7% |
| 1987 | 32.9% | -6.5% |
| 1988 | 32.9% | +0.1% |
| 1989 | 34.6% | +5.0% |
| 1990 | 33.4% | -3.4% |
| 1991 | 32.2% | -3.5% |
| 1992 | 34.6% | +7.4% |
| 1993 | 31.2% | -9.7% |
| 1994 | 27.3% | -12.5% |
| 1995 | 27.0% | -1.2% |
| 1996 | 28.7% | +6.2% |
| 1997 | 32.0% | +11.5% |
| 1998 | 40.5% | +26.7% |
| 1999 | 49.0% | +21.0% |
| 2000 | 60.1% | +22.7% |
| 2001 | 67.0% | +11.5% |
| 2002 | 69.2% | +3.2% |
| 2003 | 80.7% | +16.7% |
| 2004 | 105.1% | +30.2% |
| 2005 | 136.9% | +30.3% |
| 2006 | 212.2% | +55.0% |
| 2007 | 320.8% | +51.2% |
| 2008 | 181.7% | -43.4% |
| 2009 | 198.5% | +9.2% |
| 2010 | 107.1% | -46.0% |
| 2011 | 62.0% | -42.1% |
| 2012 | 51.2% | -17.4% |
| 2013 | 41.0% | -20.0% |
| 2014 | 36.2% | -11.8% |
| 2015 | 40.6% | +12.1% |
| 2016 | 30.4% | -25.0% |
| 2017 | 9.4% | -69.0% |
| 2018 | 9.1% | -3.5% |
| 2019 | 8.4% | -8.1% |
| 2020 | 11.6% | +39.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 36.6% | 32.9% | 51.5% | 7 |
| 1990s | 33.6% | 27.0% | 49.0% | 10 |
| 2000s | 143.2% | 60.1% | 320.8% | 10 |
| 2010s | 39.5% | 8.4% | 107.1% | 10 |
| 2020s | 11.6% | 11.6% | 11.6% | 1 |
Countries ranked near Iceland
- 110 Cameroon 12.4% compare
- 111 Madagascar 11.9% compare
- 112 Burkina Faso 11.9% compare
- 114 Lebanon 11.4% compare
- 115 Sri Lanka 10.8% compare
- 116 Dominican Republic 10.7% 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 consolidated foreign claims of bis reporting banks to gdp in Iceland?
- Consolidated foreign claims of bis reporting banks to gdp in Iceland was 11.6% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Iceland?
- The highest recorded value was 320.8% in 2007.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Iceland?
- The lowest recorded value was 8.4% in 2019.
- How does Iceland rank for consolidated foreign claims of bis reporting banks to gdp?
- Iceland ranks 113th out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Iceland?
- Over the last ten years it is down 89.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.