Contingent short-term net drains on foreign currency assets (nominal) in Iceland
Iceland: Contingent short-term net drains on foreign currency assets (nominal) was -180.85 million in 2025. ◆ Volatile
Contingent short-term net drains on foreign currency assets (nominal) in Iceland, 2000–2025
Source: International Monetary Fund.
Analysis
The most recent figure for contingent short-term net drains on foreign currency assets (nominal) in Iceland is -180.85 million, measured in 2025.
Compared with earlier readings it is down 3,703.5% on the previous year and up 14.1% over ten years.
Over the whole period, contingent short-term net drains on foreign currency assets (nominal) in Iceland peaked at 2.05 billion in 2009 and was at its lowest, -291.23 million, in 2017.
Iceland ranks 40th of 79 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.
Contingent short-term net drains on foreign currency assets (nominal) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 611.50 million | — |
| 2001 | 818.08 million | +33.8% |
| 2002 | 745.71 million | -8.8% |
| 2003 | 809.65 million | +8.6% |
| 2004 | 815.30 million | +0.7% |
| 2005 | 789.06 million | -3.2% |
| 2006 | 509.33 million | -35.5% |
| 2007 | 174.69 million | -65.7% |
| 2008 | 1.43 billion | +720.0% |
| 2009 | 2.05 billion | +43.2% |
| 2010 | 1.07 billion | -47.7% |
| 2011 | -104.77 million | -109.8% |
| 2012 | -17.64 million | -83.2% |
| 2013 | -61.19 million | +247.0% |
| 2014 | -184.62 million | +201.7% |
| 2015 | -210.59 million | +14.1% |
| 2016 | -246.53 million | +17.1% |
| 2017 | -291.23 million | +18.1% |
| 2018 | -195.76 million | -32.8% |
| 2019 | -45.28 million | -76.9% |
| 2020 | -185.47 million | +309.6% |
| 2021 | -10.58 million | -94.3% |
| 2022 | -22.76 million | +115.2% |
| 2023 | -7.89 million | -65.3% |
| 2024 | -4.75 million | -39.8% |
| 2025 | -180.85 million | +3703.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 875.66 million | 174.69 million | 2.05 billion | 10 |
| 2010s | -28.48 million | -291.23 million | 1.07 billion | 10 |
| 2020s | -68.72 million | -185.47 million | -4.75 million | 6 |
Countries ranked near Iceland
- 37 Namibia -77.08 million compare
- 38 Switzerland -88.39 million compare
- 39 Bolivia, Plurinational State of -160.86 million compare
- 41 Denmark -270.66 million compare
- 42 Philippines -276.18 million compare
- 43 Sri Lanka -278.44 million compare
More financial sector data for Iceland
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.94 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
Frequently asked questions
- What is contingent short-term net drains on foreign currency assets (nominal) in Iceland?
- Contingent short-term net drains on foreign currency assets (nominal) in Iceland was -180.85 million in 2025, according to International Monetary Fund.
- What is the highest contingent short-term net drains on foreign currency assets (nominal) recorded in Iceland?
- The highest recorded value was 2.05 billion in 2009.
- What is the lowest contingent short-term net drains on foreign currency assets (nominal) recorded in Iceland?
- The lowest recorded value was -291.23 million in 2017.
- How does Iceland rank for contingent short-term net drains on foreign currency assets (nominal)?
- Iceland ranks 40th out of 79 countries with data for 2025.
- Is contingent short-term net drains on foreign currency assets (nominal) rising or falling in Iceland?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Contingent short-term net drains on foreign currency assets (nominal value), Total (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.