Domestic Claims, Claims on Central or General Government, Net Claims in Iceland
Iceland: Domestic Claims, Claims on Central or General Government, Net Claims was -9.13 units per US$ of GDP in 2007. ◆ Volatile
Domestic Claims, Claims on Central or General Government, Net Claims in Iceland, 1960–2007
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Iceland recorded -9.13 units per US$ of GDP for domestic claims, claims on central or general government, net claims in 2007.
That represents a change of up 20.3% on the previous year and down 514.7% over ten years.
Over the whole period, domestic claims, claims on central or general government, net claims in Iceland peaked at 5.49 units per US$ of GDP in 1994 and was at its lowest, -11.45 units per US$ of GDP, in 2006.
That places Iceland 156th out of 174 countries with data for 2007, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims, Claims on Central or General Government, Net Claims in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0011 units per US$ of GDP | — |
| 1961 | 0.0108 units per US$ of GDP | +903.0% |
| 1962 | 0.0111 units per US$ of GDP | +3.4% |
| 1963 | 0.0056 units per US$ of GDP | -49.4% |
| 1964 | 0.0083 units per US$ of GDP | +47.8% |
| 1965 | 0.0035 units per US$ of GDP | -57.9% |
| 1966 | -0.0019 units per US$ of GDP | -154.1% |
| 1967 | 0.0096 units per US$ of GDP | -609.1% |
| 1968 | 0.017 units per US$ of GDP | +76.3% |
| 1969 | 0.0175 units per US$ of GDP | +3.1% |
| 1970 | 0.006 units per US$ of GDP | -65.7% |
| 1971 | -0.0096 units per US$ of GDP | -259.8% |
| 1972 | -0.0107 units per US$ of GDP | +10.9% |
| 1973 | -0.0027 units per US$ of GDP | -74.3% |
| 1974 | 0.0117 units per US$ of GDP | -525.7% |
| 1975 | 0.0687 units per US$ of GDP | +489.5% |
| 1976 | 0.0624 units per US$ of GDP | -9.1% |
| 1977 | 0.0464 units per US$ of GDP | -25.6% |
| 1978 | 0.0455 units per US$ of GDP | -2.0% |
| 1979 | 0.0286 units per US$ of GDP | -37.2% |
| 1980 | 0.044 units per US$ of GDP | +54.0% |
| 1981 | 0.0086 units per US$ of GDP | -80.5% |
| 1982 | -0.035 units per US$ of GDP | -506.1% |
| 1983 | 0.2393 units per US$ of GDP | -784.7% |
| 1984 | 0.3694 units per US$ of GDP | +54.4% |
| 1985 | 1.01 units per US$ of GDP | +174.1% |
| 1986 | 0.5899 units per US$ of GDP | -41.8% |
| 1987 | 0.959 units per US$ of GDP | +62.6% |
| 1988 | 1.73 units per US$ of GDP | +80.2% |
| 1989 | 2.83 units per US$ of GDP | +63.6% |
| 1990 | 3.15 units per US$ of GDP | +11.4% |
| 1991 | 3.44 units per US$ of GDP | +9.3% |
| 1992 | 2.98 units per US$ of GDP | -13.5% |
| 1993 | 5.01 units per US$ of GDP | +68.4% |
| 1994 | 5.49 units per US$ of GDP | +9.5% |
| 1995 | 3.22 units per US$ of GDP | -41.4% |
| 1996 | 2.2 units per US$ of GDP | -31.6% |
| 1997 | 2.2 units per US$ of GDP | -0.0% |
| 1998 | -0.2174 units per US$ of GDP | -109.9% |
| 1999 | -0.4711 units per US$ of GDP | +116.7% |
| 2000 | -0.8631 units per US$ of GDP | +83.2% |
| 2001 | -2.16 units per US$ of GDP | +149.8% |
| 2002 | -1.25 units per US$ of GDP | -41.9% |
| 2003 | -0.4301 units per US$ of GDP | -65.6% |
| 2004 | -0.9429 units per US$ of GDP | +119.2% |
| 2005 | -3.98 units per US$ of GDP | +321.7% |
| 2006 | -11.45 units per US$ of GDP | +188.1% |
| 2007 | -9.13 units per US$ of GDP | -20.3% |
Iceland compared with similar countries
- Iceland's -9.13 units per US$ of GDP is below the median for high income countries, which is 0.171 units per US$ of GDP. (59 countries reporting)
- Iceland's -9.13 units per US$ of GDP is below the median for Europe & Central Asia, which is 0.0361 units per US$ of GDP. (44 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims, Claims on Central or General Government, Net Claims in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +903.0% | 0.0011 units per US$ of GDP | 0.0108 units per US$ of GDP |
| 1983 | +784.7% | -0.035 units per US$ of GDP | 0.2393 units per US$ of GDP |
| 1967 | +609.1% | -0.0019 units per US$ of GDP | 0.0096 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0083 units per US$ of GDP | -0.0019 units per US$ of GDP | 0.0175 units per US$ of GDP | 10 |
| 1970s | 0.0246 units per US$ of GDP | -0.0107 units per US$ of GDP | 0.0687 units per US$ of GDP | 10 |
| 1980s | 0.7743 units per US$ of GDP | -0.035 units per US$ of GDP | 2.83 units per US$ of GDP | 10 |
| 1990s | 2.7 units per US$ of GDP | -0.4711 units per US$ of GDP | 5.49 units per US$ of GDP | 10 |
| 2000s | -3.78 units per US$ of GDP | -11.45 units per US$ of GDP | -0.4301 units per US$ of GDP | 8 |
Countries ranked near Iceland
- 153 Bhutan -4.71 units per US$ of GDP compare
- 154 Macau, China -5.02 units per US$ of GDP compare
- 155 Benin -7.18 units per US$ of GDP compare
- 157 Nigeria -9.15 units per US$ of GDP compare
- 158 Tanzania, United Republic of -11.99 units per US$ of GDP compare
- 159 Chile -16.33 units per US$ of GDP 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 domestic claims, claims on central or general government, net claims in Iceland?
- Domestic claims, claims on central or general government, net claims in Iceland was -9.13 units per US$ of GDP in 2007, according to Statizoid (derived).
- What is the highest domestic claims, claims on central or general government, net claims recorded in Iceland?
- The highest recorded value was 5.49 units per US$ of GDP in 1994.
- What is the lowest domestic claims, claims on central or general government, net claims recorded in Iceland?
- The lowest recorded value was -11.45 units per US$ of GDP in 2006.
- How does Iceland rank for domestic claims, claims on central or general government, net claims?
- Iceland ranks 156th out of 174 countries with data for 2007.
- Is domestic claims, claims on central or general government, net claims rising or falling in Iceland?
- Over the last ten years it is down 514.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Domestic Claims, Claims on Central or General Government, Net Claims International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.