Financial Markets Depth Index in Iceland
Iceland: Financial Markets Depth Index was 0.3281 in 2020. ◆ Volatile
Financial Markets Depth Index in Iceland, 1980–2020
Source: International Monetary Fund.
Analysis
Iceland recorded 0.3281 for financial markets depth index in 2020.
Compared with earlier readings it is up 3.5% on the previous year and down 34.2% over ten years.
Over the whole period, financial markets depth index in Iceland peaked at 0.4986 in 2001 and was at its lowest, 0.0195, in 1980.
Iceland ranks 52nd of 183 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.
Financial Markets Depth Index in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0195 | — |
| 1981 | 0.0197 | +0.8% |
| 1982 | 0.0234 | +18.7% |
| 1983 | 0.0333 | +42.5% |
| 1984 | 0.0287 | -13.8% |
| 1985 | 0.0379 | +32.1% |
| 1986 | 0.0304 | -19.9% |
| 1987 | 0.0244 | -19.8% |
| 1988 | 0.0213 | -12.7% |
| 1989 | 0.0264 | +23.9% |
| 1990 | 0.0232 | -12.0% |
| 1991 | 0.0216 | -7.1% |
| 1992 | 0.0224 | +3.7% |
| 1993 | 0.0614 | +174.7% |
| 1994 | 0.0864 | +40.7% |
| 1995 | 0.1214 | +40.5% |
| 1996 | 0.1322 | +8.9% |
| 1997 | 0.2136 | +61.7% |
| 1998 | 0.2518 | +17.9% |
| 1999 | 0.3159 | +25.5% |
| 2000 | 0.409 | +29.5% |
| 2001 | 0.4986 | +21.9% |
| 2002 | 0.4871 | -2.3% |
| 2003 | 0.4209 | -13.6% |
| 2004 | 0.4028 | -4.3% |
| 2005 | 0.3797 | -5.7% |
| 2006 | 0.3979 | +4.8% |
| 2007 | 0.4716 | +18.5% |
| 2008 | 0.4622 | -2.0% |
| 2009 | 0.4959 | +7.3% |
| 2010 | 0.4986 | +0.5% |
| 2011 | 0.4986 | +0.0% |
| 2012 | 0.4676 | -6.2% |
| 2013 | 0.4632 | -0.9% |
| 2014 | 0.4009 | -13.4% |
| 2015 | 0.4003 | -0.2% |
| 2016 | 0.3796 | -5.2% |
| 2017 | 0.3548 | -6.5% |
| 2018 | 0.3101 | -12.6% |
| 2019 | 0.3168 | +2.2% |
| 2020 | 0.3281 | +3.5% |
Iceland compared with similar countries
- Iceland's 0.3281 is below the median for high income countries, which is 0.4356, 75% of the median. (62 countries reporting)
- Iceland's 0.3281 is above the median for Europe & Central Asia, which is 0.1807, 1.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Markets Depth Index 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 |
|---|---|---|---|
| 1993 | +174.7% | 0.0224 | 0.0614 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0265 | 0.0195 | 0.0379 | 10 |
| 1990s | 0.125 | 0.0216 | 0.3159 | 10 |
| 2000s | 0.4426 | 0.3797 | 0.4986 | 10 |
| 2010s | 0.409 | 0.3101 | 0.4986 | 10 |
| 2020s | 0.3281 | 0.3281 | 0.3281 | 1 |
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 financial markets depth index in Iceland?
- Financial markets depth index in Iceland was 0.3281 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Iceland?
- The highest recorded value was 0.4986 in 2001.
- What is the lowest financial markets depth index recorded in Iceland?
- The lowest recorded value was 0.0195 in 1980.
- How does Iceland rank for financial markets depth index?
- Iceland ranks 52nd out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Iceland?
- Over the last ten years it is down 34.2%. 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 Financial Markets Depth Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.