Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Iceland
Iceland: Household Sector Loan Accounts with Commercial Banks per 1,000 Adults was 1,475 in 2024. ▼ Falling
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Iceland, 2015–2024
Source: International Monetary Fund.
Analysis
Iceland recorded 1,475 for household sector loan accounts with commercial banks per 1,000 adults in 2024. That is the lowest value across all 10 years on record.
The figure is down 5.2% on the previous year and down 12.2% over ten years.
Over the whole period, household sector loan accounts with commercial banks per 1,000 adults in Iceland peaked at 1,680 in 2015 and was at its lowest, 1,475, in 2024.
That places Iceland 3rd out of 98 countries with data for 2024, putting it in the top 10%.
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 1,680 | — |
| 2016 | 1,637 | -2.6% |
| 2017 | 1,583 | -3.3% |
| 2018 | 1,534 | -3.1% |
| 2019 | 1,577 | +2.8% |
| 2020 | 1,543 | -2.2% |
| 2021 | 1,569 | +1.7% |
| 2022 | 1,612 | +2.7% |
| 2023 | 1,556 | -3.4% |
| 2024 | 1,475 | -5.2% |
Iceland compared with similar countries
- Iceland's 1,475 is above the median for high income countries, which is 526.11, 2.8× the median. (29 countries reporting)
- Iceland's 1,475 is above the median for Europe & Central Asia, which is 643.62, 2.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,602 | 1,534 | 1,680 | 5 |
| 2020s | 1,551 | 1,475 | 1,612 | 5 |
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 household sector loan accounts with commercial banks per 1,000 adults in Iceland?
- Household sector loan accounts with commercial banks per 1,000 adults in Iceland was 1,475 in 2024, according to International Monetary Fund.
- What is the highest household sector loan accounts with commercial banks per 1,000 adults recorded in Iceland?
- The highest recorded value was 1,680 in 2015.
- What is the lowest household sector loan accounts with commercial banks per 1,000 adults recorded in Iceland?
- The lowest recorded value was 1,475 in 2024.
- How does Iceland rank for household sector loan accounts with commercial banks per 1,000 adults?
- Iceland ranks 3rd out of 98 countries with data for 2024.
- Is household sector loan accounts with commercial banks per 1,000 adults rising or falling in Iceland?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Household Sector Loan Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.