Independence and Accountability (IA) in Iceland
Iceland: Independence and Accountability (IA) was 117.65 in 2018. β² Rising
Independence and Accountability (IA) in Iceland, 2007β2018
Source: International Monetary Fund.
Analysis
In 2018, independence and accountability (ia) in Iceland stood at 117.65. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 17.7% over ten years.
Over the whole period, independence and accountability (ia) in Iceland peaked at 117.65 in 2016 and was at its lowest, 100, in 2007.
That places Iceland 8th out of 47 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 112.91 | 109.37 | 117.65 | 9 |
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 independence and accountability (ia) in Iceland?
- Independence and accountability (ia) in Iceland was 117.65 in 2018, according to International Monetary Fund.
- What is the highest independence and accountability (ia) recorded in Iceland?
- The highest recorded value was 117.65 in 2016.
- What is the lowest independence and accountability (ia) recorded in Iceland?
- The lowest recorded value was 100 in 2007.
- How does Iceland rank for independence and accountability (ia)?
- Iceland ranks 8th out of 47 countries with data for 2018.
- Is independence and accountability (ia) rising or falling in Iceland?
- Over the last ten years it is up 17.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Independence and Accountability (IA) (Index). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 12 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Monetary policy framework comprises the structures in place that enable and guide the conduct of monetary policy. In this project, we provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). This database covers 50 advanced economies, emerging markets, and low-income developing countries, from 2007 to 2018 (being extended).