Foreign Assets, Net Foreign Assets in Iceland
Iceland: Foreign Assets, Net Foreign Assets was -417.01 billion in 2007. ◆ Volatile
Latest (2007)
-417.01 billion
Change on year
down 151.0%
World rank
175th
of 178 countries
All-time high
817.00 billion
in 2006
All-time low
-417.01 billion
in 2007
Years of data
58
1950–2007
Foreign Assets, Net Foreign Assets in Iceland, 1950–2007
Source: International Monetary Fund.
Analysis
In 2007, foreign assets, net foreign assets in Iceland stood at -417.01 billion. That is the lowest value across all 58 years on record.
The figure is down 151.0% on the previous year and down 1,511.3% over ten years.
Over the whole period, foreign assets, net foreign assets in Iceland peaked at 817.00 billion in 2006 and was at its lowest, -417.01 billion, in 2007.
That places Iceland 175th out of 178 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.
Foreign Assets, Net Foreign Assets in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 6.14 | — |
| 1951 | 1.08 million | +17593086.9% |
| 1952 | 720,000 | -33.3% |
| 1953 | 1.06 million | +47.2% |
| 1954 | 1.29 million | +21.7% |
| 1955 | 90,000 | -93.0% |
| 1956 | 260,000 | +188.9% |
| 1957 | 20,000 | -92.3% |
| 1958 | -200,000 | -1100.0% |
| 1959 | -1.79 million | +795.0% |
| 1960 | -1.46 million | -18.4% |
| 1961 | 2.80 million | -291.8% |
| 1962 | 9.64 million | +244.3% |
| 1963 | 11.21 million | +16.3% |
| 1964 | 31.79 million | +183.6% |
| 1965 | 39.30 million | +23.6% |
| 1966 | 40.48 million | +3.0% |
| 1967 | 25.71 million | -36.5% |
| 1968 | -1.61 million | -106.3% |
| 1969 | 17.71 million | -1198.9% |
| 1970 | 29.71 million | +67.7% |
| 1971 | 37.03 million | +24.6% |
| 1972 | 46.03 million | +24.3% |
| 1973 | 41.03 million | -10.9% |
| 1974 | -43.56 million | -206.2% |
| 1975 | -178.01 million | +308.7% |
| 1976 | -183.46 million | +3.1% |
| 1977 | -156.50 million | -14.7% |
| 1978 | -194.70 million | +24.4% |
| 1979 | -144.55 million | -25.8% |
| 1980 | -245.50 million | +69.8% |
| 1981 | -161.25 million | -34.3% |
| 1982 | -2.27 billion | +1304.9% |
| 1983 | -5.93 billion | +161.9% |
| 1984 | -8.52 billion | +43.6% |
| 1985 | -9.62 billion | +12.9% |
| 1986 | -4.93 billion | -48.7% |
| 1987 | -10.64 billion | +115.7% |
| 1988 | -21.23 billion | +99.6% |
| 1989 | -20.31 billion | -4.3% |
| 1990 | -12.57 billion | -38.1% |
| 1991 | -12.30 billion | -2.1% |
| 1992 | -9.31 billion | -24.3% |
| 1993 | -9.29 billion | -0.2% |
| 1994 | -10.27 billion | +10.5% |
| 1995 | -9.29 billion | -9.6% |
| 1996 | -13.17 billion | +41.8% |
| 1997 | -25.88 billion | +96.5% |
| 1998 | -66.70 billion | +157.7% |
| 1999 | -100.07 billion | +50.0% |
| 2000 | -186.84 billion | +86.7% |
| 2001 | -208.03 billion | +11.3% |
| 2002 | -161.44 billion | -22.4% |
| 2003 | -46.78 billion | -71.0% |
| 2004 | 14.97 billion | -132.0% |
| 2005 | 267.78 billion | +1688.9% |
| 2006 | 817.00 billion | +205.1% |
| 2007 | -417.01 billion | -151.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 253,001 | -1.79 million | 1.29 million | 10 |
| 1960s | 17.56 million | -1.61 million | 40.48 million | 10 |
| 1970s | -74.70 million | -194.70 million | 46.03 million | 10 |
| 1980s | -8.39 billion | -21.23 billion | -161.25 million | 10 |
| 1990s | -26.88 billion | -100.07 billion | -9.29 billion | 10 |
| 2000s | 9.96 billion | -417.01 billion | 817.00 billion | 8 |
Countries ranked near Iceland
More financial sector data for Iceland
- Net domestic credit (current LCU), per capita 11.64 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 118.35 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.23 million SDR (2025)
- Gold reserves at market value 203.48 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.94 billion SDR (2025)
- Reserves excluding gold 5.44 billion SDR (2025)
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
Frequently asked questions
- What is foreign assets, net foreign assets in Iceland?
- Foreign assets, net foreign assets in Iceland was -417.01 billion in 2007, according to International Monetary Fund.
- What is the highest foreign assets, net foreign assets recorded in Iceland?
- The highest recorded value was 817.00 billion in 2006.
- What is the lowest foreign assets, net foreign assets recorded in Iceland?
- The lowest recorded value was -417.01 billion in 2007.
- How does Iceland rank for foreign assets, net foreign assets?
- Iceland ranks 175th out of 178 countries with data for 2007.
- Is foreign assets, net foreign assets rising or falling in Iceland?
- Over the last ten years it is down 1,511.3%. 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 Foreign Assets, Net Foreign Assets (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.