Domestic Claims, Claims on Private Sector in Iceland
Iceland: Domestic Claims, Claims on Private Sector was 3.73 trillion in 2006. ◆ Volatile
Latest (2006)
3.73 trillion
Change on year
up 46.8%
World rank
37th
of 178 countries
All-time high
3.73 trillion
in 2006
All-time low
11.33 million
in 1951
Years of data
56
1951–2006
Domestic Claims, Claims on Private Sector in Iceland, 1951–2006
Source: International Monetary Fund.
Analysis
The most recent figure for domestic claims, claims on private sector in Iceland is 3.73 trillion, measured in 2006. That is the highest value across all 56 years on record.
The figure is up 46.8% on the previous year and up 1,473.9% over ten years.
Over the whole period, domestic claims, claims on private sector in Iceland peaked at 3.73 trillion in 2006 and was at its lowest, 11.33 million, in 1951.
That places Iceland 37th out of 178 countries with data for 2006, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims, Claims on Private Sector in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1951 | 11.33 million | — |
| 1952 | 12.96 million | +14.4% |
| 1953 | 15.70 million | +21.1% |
| 1954 | 17.98 million | +14.5% |
| 1955 | 22.06 million | +22.7% |
| 1956 | 24.72 million | +12.1% |
| 1957 | 27.55 million | +11.4% |
| 1958 | 32.86 million | +19.3% |
| 1959 | 39.09 million | +19.0% |
| 1960 | 42.13 million | +7.8% |
| 1961 | 45.68 million | +8.4% |
| 1962 | 51.51 million | +12.8% |
| 1963 | 59.12 million | +14.8% |
| 1964 | 58.41 million | -1.2% |
| 1965 | 74.18 million | +27.0% |
| 1966 | 87.10 million | +17.4% |
| 1967 | 100.55 million | +15.4% |
| 1968 | 114.96 million | +14.3% |
| 1969 | 125.46 million | +9.1% |
| 1970 | 149.49 million | +19.2% |
| 1971 | 182.91 million | +22.4% |
| 1972 | 216.75 million | +18.5% |
| 1973 | 294.66 million | +35.9% |
| 1974 | 467.05 million | +58.5% |
| 1975 | 616.23 million | +31.9% |
| 1976 | 787.71 million | +27.8% |
| 1977 | 1.11 billion | +40.4% |
| 1978 | 1.65 billion | +49.2% |
| 1979 | 2.60 billion | +57.8% |
| 1980 | 4.31 billion | +65.5% |
| 1981 | 7.34 billion | +70.4% |
| 1982 | 14.31 billion | +94.9% |
| 1983 | 26.13 billion | +82.6% |
| 1984 | 35.78 billion | +36.9% |
| 1985 | 46.98 billion | +31.3% |
| 1986 | 54.18 billion | +15.3% |
| 1987 | 75.74 billion | +39.8% |
| 1988 | 103.90 billion | +37.2% |
| 1989 | 148.31 billion | +42.7% |
| 1990 | 157.79 billion | +6.4% |
| 1991 | 175.57 billion | +11.3% |
| 1992 | 188.06 billion | +7.1% |
| 1993 | 193.97 billion | +3.1% |
| 1994 | 196.67 billion | +1.4% |
| 1995 | 209.40 billion | +6.5% |
| 1996 | 237.21 billion | +13.3% |
| 1997 | 349.02 billion | +47.1% |
| 1998 | 376.37 billion | +7.8% |
| 1999 | 461.09 billion | +22.5% |
| 2000 | 663.65 billion | +43.9% |
| 2001 | 772.57 billion | +16.4% |
| 2002 | 858.93 billion | +11.2% |
| 2003 | 1.10 trillion | +27.7% |
| 2004 | 1.53 trillion | +39.6% |
| 2005 | 2.54 trillion | +66.1% |
| 2006 | 3.73 trillion | +46.8% |
Iceland compared with similar countries
- Iceland's 3.73 trillion is above the median for high income countries, which is 710.96 billion, 5.3× the median. (60 countries reporting)
- Iceland's 3.73 trillion is above the median for Europe & Central Asia, which is 788.78 billion, 4.7× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 22.69 million | 11.33 million | 39.09 million | 9 |
| 1960s | 75.91 million | 42.13 million | 125.46 million | 10 |
| 1970s | 807.50 million | 149.49 million | 2.60 billion | 10 |
| 1980s | 51.70 billion | 4.31 billion | 148.31 billion | 10 |
| 1990s | 254.51 billion | 157.79 billion | 461.09 billion | 10 |
| 2000s | 1.60 trillion | 663.65 billion | 3.73 trillion | 7 |
Countries ranked near Iceland
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 private sector in Iceland?
- Domestic claims, claims on private sector in Iceland was 3.73 trillion in 2006, according to International Monetary Fund.
- What is the highest domestic claims, claims on private sector recorded in Iceland?
- The highest recorded value was 3.73 trillion in 2006.
- What is the lowest domestic claims, claims on private sector recorded in Iceland?
- The lowest recorded value was 11.33 million in 1951.
- How does Iceland rank for domestic claims, claims on private sector?
- Iceland ranks 37th out of 178 countries with data for 2006.
- Is domestic claims, claims on private sector rising or falling in Iceland?
- Over the last ten years it is up 1,473.9%. 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 Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.