Net domestic credit (current LCU), annual growth rate in Iceland
Iceland: Net domestic credit (current LCU), annual growth rate was 4.25 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.25 % change on previous year
Change on year
down 49.3%
World rank
131st
of 186 countries
All-time high
91.47 % change on previous year
in 1982
All-time low
-23.12 % change on previous year
in 2011
Years of data
65
1961–2025
Net domestic credit (current LCU), annual growth rate in Iceland, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net domestic credit (current lcu), annual growth rate in Iceland is 4.25 % change on previous year, measured in 2025.
Compared with earlier readings it is down 49.3% on the previous year and up 23.5% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Iceland peaked at 91.47 % change on previous year in 1982 and was at its lowest, -23.12 % change on previous year, in 2011.
Iceland ranks 131st of 186 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.
Net domestic credit (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 14.48 % change on previous year | — |
| 1962 | 12.96 % change on previous year | -10.5% |
| 1963 | 11.47 % change on previous year | -11.5% |
| 1964 | 1.77 % change on previous year | -84.6% |
| 1965 | 22.33 % change on previous year | +1164.1% |
| 1966 | 12.81 % change on previous year | -42.7% |
| 1967 | 31.81 % change on previous year | +148.3% |
| 1968 | 19.05 % change on previous year | -40.1% |
| 1969 | 7.35 % change on previous year | -61.4% |
| 1970 | 16.5 % change on previous year | +124.4% |
| 1971 | 17.67 % change on previous year | +7.1% |
| 1972 | 17.72 % change on previous year | +0.3% |
| 1973 | 37.78 % change on previous year | +113.2% |
| 1974 | 61.71 % change on previous year | +63.4% |
| 1975 | 49.42 % change on previous year | -19.9% |
| 1976 | 25 % change on previous year | -49.4% |
| 1977 | 33.62 % change on previous year | +34.5% |
| 1978 | 43.99 % change on previous year | +30.8% |
| 1979 | 49.55 % change on previous year | +12.6% |
| 1980 | 64.96 % change on previous year | +31.1% |
| 1981 | 65.53 % change on previous year | +0.9% |
| 1982 | 91.47 % change on previous year | +39.6% |
| 1983 | 89.19 % change on previous year | -2.5% |
| 1984 | 39.02 % change on previous year | -56.2% |
| 1985 | 35.32 % change on previous year | -9.5% |
| 1986 | 13.53 % change on previous year | -61.7% |
| 1987 | 42.81 % change on previous year | +216.4% |
| 1988 | 40.45 % change on previous year | -5.5% |
| 1989 | 42.12 % change on previous year | +4.1% |
| 1990 | 8.96 % change on previous year | -78.7% |
| 1991 | 11.25 % change on previous year | +25.5% |
| 1992 | 4.68 % change on previous year | -58.4% |
| 1993 | 8.23 % change on previous year | +75.7% |
| 1994 | 4.67 % change on previous year | -43.2% |
| 1995 | -1.52 % change on previous year | -132.6% |
| 1996 | 8.6 % change on previous year | -664.7% |
| 1997 | 43.45 % change on previous year | +405.3% |
| 1998 | 3.09 % change on previous year | -92.9% |
| 1999 | 22.15 % change on previous year | +617.1% |
| 2000 | 43.63 % change on previous year | +96.9% |
| 2001 | 14.69 % change on previous year | -66.3% |
| 2002 | 11.09 % change on previous year | -24.5% |
| 2003 | 28.18 % change on previous year | +154.0% |
| 2004 | 39.29 % change on previous year | +39.4% |
| 2005 | 62.82 % change on previous year | +59.9% |
| 2006 | 43.13 % change on previous year | -31.3% |
| 2007 | 15.43 % change on previous year | -64.2% |
| 2008 | 11.47 % change on previous year | -25.7% |
| 2009 | -0.5243 % change on previous year | -104.6% |
| 2010 | -10.3 % change on previous year | +1864.2% |
| 2011 | -23.12 % change on previous year | +124.5% |
| 2012 | -11.62 % change on previous year | -49.8% |
| 2013 | -4.63 % change on previous year | -60.2% |
| 2014 | -12.81 % change on previous year | +176.8% |
| 2015 | 3.44 % change on previous year | -126.9% |
| 2016 | 0.0603 % change on previous year | -98.2% |
| 2017 | 7.11 % change on previous year | +11691.5% |
| 2018 | 5.83 % change on previous year | -18.0% |
| 2019 | 2.61 % change on previous year | -55.3% |
| 2020 | 9.74 % change on previous year | +273.8% |
| 2021 | 11.42 % change on previous year | +17.2% |
| 2022 | 11.95 % change on previous year | +4.6% |
| 2023 | 6.21 % change on previous year | -48.0% |
| 2024 | 8.39 % change on previous year | +35.2% |
| 2025 | 4.25 % change on previous year | -49.3% |
Iceland compared with similar countries
- Iceland's 4.25 % change on previous year is above the median for high income countries, which is 3.69 % change on previous year, 1.2× the median. (61 countries reporting)
- Iceland's 4.25 % change on previous year is below the median for Europe & Central Asia, which is 4.54 % change on previous year, 94% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2017 | +11691.5% | 0.0603 % change on previous year | 7.11 % change on previous year |
| 2010 | -1864.2% | -0.5243 % change on previous year | -10.3 % change on previous year |
| 1965 | +1164.1% | 1.77 % change on previous year | 22.33 % change on previous year |
| 1996 | +664.7% | -1.52 % change on previous year | 8.6 % change on previous year |
| 1999 | +617.1% | 3.09 % change on previous year | 22.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.89 % change on previous year | 1.77 % change on previous year | 31.81 % change on previous year | 9 |
| 1970s | 35.3 % change on previous year | 16.5 % change on previous year | 61.71 % change on previous year | 10 |
| 1980s | 52.44 % change on previous year | 13.53 % change on previous year | 91.47 % change on previous year | 10 |
| 1990s | 11.36 % change on previous year | -1.52 % change on previous year | 43.45 % change on previous year | 10 |
| 2000s | 26.92 % change on previous year | -0.5243 % change on previous year | 62.82 % change on previous year | 10 |
| 2010s | -4.34 % change on previous year | -23.12 % change on previous year | 7.11 % change on previous year | 10 |
| 2020s | 8.66 % change on previous year | 4.25 % change on previous year | 11.95 % change on previous year | 6 |
Countries ranked near Iceland
- 128 United States 4.54 % change on previous year compare
- 129 Mali 4.51 % change on previous year compare
- 130 Uganda 4.35 % change on previous year compare
- 132 Peru 4.21 % change on previous year compare
- 133 Slovenia 4.21 % change on previous year compare
- 134 New Zealand 4.19 % change on previous year 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 net domestic credit (current lcu), annual growth rate in Iceland?
- Net domestic credit (current lcu), annual growth rate in Iceland was 4.25 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 91.47 % change on previous year in 1982.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -23.12 % change on previous year in 2011.
- How does Iceland rank for net domestic credit (current lcu), annual growth rate?
- Iceland ranks 131st out of 186 countries with data for 2025.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.