External loans and deposits of reporting banks vis-à-vis the in Iceland
Iceland: External loans and deposits of reporting banks vis-à-vis the was 5.2% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the in Iceland, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis the in Iceland is 5.2%, measured in 2021.
Compared with earlier readings it is up 5.1% on the previous year and down 63.3% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Iceland peaked at 31.4% in 2014 and was at its lowest, 3.0%, in 2000.
That places Iceland 127th out of 180 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the in Iceland, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 5.8% | — |
| 1996 | 5.8% | +1.4% |
| 1997 | 5.5% | -6.4% |
| 1998 | 6.5% | +19.4% |
| 1999 | 3.1% | -53.0% |
| 2000 | 3.0% | -1.2% |
| 2001 | 5.0% | +65.3% |
| 2002 | 4.3% | -14.6% |
| 2003 | 5.7% | +33.8% |
| 2004 | 5.6% | -2.6% |
| 2005 | 7.6% | +36.1% |
| 2006 | 7.9% | +3.7% |
| 2007 | 13.4% | +71.0% |
| 2008 | 5.8% | -56.6% |
| 2009 | 10.6% | +82.0% |
| 2010 | 18.0% | +69.2% |
| 2011 | 14.1% | -21.6% |
| 2012 | 22.4% | +59.2% |
| 2013 | 23.6% | +5.1% |
| 2014 | 31.4% | +33.3% |
| 2015 | 27.1% | -13.7% |
| 2016 | 20.1% | -25.8% |
| 2017 | 6.6% | -67.0% |
| 2018 | 6.4% | -4.0% |
| 2019 | 5.8% | -8.8% |
| 2020 | 4.9% | -15.4% |
| 2021 | 5.2% | +5.1% |
Iceland compared with similar countries
- Iceland's 5.2% is below the median for high income countries, which is 9.4%, 55% of the median. (59 countries reporting)
- Iceland's 5.2% is below the median for Europe & Central Asia, which is 7.1%, 73% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 3.1% | 6.5% | 5 |
| 2000s | 6.9% | 3.0% | 13.4% | 10 |
| 2010s | 17.6% | 5.8% | 31.4% | 10 |
| 2020s | 5.1% | 4.9% | 5.2% | 2 |
Countries ranked near Iceland
- 124 Namibia 5.6% compare
- 125 Portugal 5.5% compare
- 126 Côte d'Ivoire 5.2% compare
- 128 Togo 5.2% compare
- 129 New Zealand 4.9% compare
- 130 Timor-Leste 4.8% 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 external loans and deposits of reporting banks vis-à-vis the in Iceland?
- External loans and deposits of reporting banks vis-à-vis the in Iceland was 5.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Iceland?
- The highest recorded value was 31.4% in 2014.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Iceland?
- The lowest recorded value was 3.0% in 2000.
- How does Iceland rank for external loans and deposits of reporting banks vis-à-vis the?
- Iceland ranks 127th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Iceland?
- Over the last ten years it is down 63.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the nonbanking sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7B: External loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.