Net domestic credit (current LCU), per square kilometre in Iceland
Iceland: Net domestic credit (current LCU), per square kilometre was 40.08 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
40.08 million current LCU per square kilometre
Change on year
up 6.2%
World rank
53rd
of 185 countries
All-time high
45.68 million current LCU per square kilometre
in 2008
All-time low
484.29 current LCU per square kilometre
in 1961
Years of data
63
1961–2023
Net domestic credit (current LCU), per square kilometre in Iceland, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, net domestic credit (current lcu), per square kilometre in Iceland stood at 40.08 million current LCU per square kilometre.
Compared with earlier readings it is up 6.2% on the previous year and up 51.7% over ten years.
Over the whole period, net domestic credit (current lcu), per square kilometre in Iceland peaked at 45.68 million current LCU per square kilometre in 2008 and was at its lowest, 484.29 current LCU per square kilometre, in 1961.
That places Iceland 53rd out of 185 countries with data for 2023, putting it 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), per square kilometre in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 484.29 current LCU per square kilometre | — |
| 1962 | 547.03 current LCU per square kilometre | +13.0% |
| 1963 | 609.78 current LCU per square kilometre | +11.5% |
| 1964 | 620.55 current LCU per square kilometre | +1.8% |
| 1965 | 759.14 current LCU per square kilometre | +22.3% |
| 1966 | 856.37 current LCU per square kilometre | +12.8% |
| 1967 | 1,129 current LCU per square kilometre | +31.8% |
| 1968 | 1,344 current LCU per square kilometre | +19.1% |
| 1969 | 1,443 current LCU per square kilometre | +7.4% |
| 1970 | 1,681 current LCU per square kilometre | +16.5% |
| 1971 | 1,978 current LCU per square kilometre | +17.7% |
| 1972 | 2,328 current LCU per square kilometre | +17.7% |
| 1973 | 3,208 current LCU per square kilometre | +37.8% |
| 1974 | 5,187 current LCU per square kilometre | +61.7% |
| 1975 | 7,750 current LCU per square kilometre | +49.4% |
| 1976 | 9,688 current LCU per square kilometre | +25.0% |
| 1977 | 12,946 current LCU per square kilometre | +33.6% |
| 1978 | 18,641 current LCU per square kilometre | +44.0% |
| 1979 | 27,877 current LCU per square kilometre | +49.6% |
| 1980 | 45,986 current LCU per square kilometre | +65.0% |
| 1981 | 76,119 current LCU per square kilometre | +65.5% |
| 1982 | 145,748 current LCU per square kilometre | +91.5% |
| 1983 | 275,736 current LCU per square kilometre | +89.2% |
| 1984 | 383,333 current LCU per square kilometre | +39.0% |
| 1985 | 518,741 current LCU per square kilometre | +35.3% |
| 1986 | 588,932 current LCU per square kilometre | +13.5% |
| 1987 | 841,027 current LCU per square kilometre | +42.8% |
| 1988 | 1.18 million current LCU per square kilometre | +40.5% |
| 1989 | 1.68 million current LCU per square kilometre | +42.1% |
| 1990 | 1.83 million current LCU per square kilometre | +9.0% |
| 1991 | 2.04 million current LCU per square kilometre | +11.2% |
| 1992 | 2.13 million current LCU per square kilometre | +4.7% |
| 1993 | 2.31 million current LCU per square kilometre | +8.2% |
| 1994 | 2.41 million current LCU per square kilometre | +4.7% |
| 1995 | 2.38 million current LCU per square kilometre | -1.5% |
| 1996 | 2.58 million current LCU per square kilometre | +8.6% |
| 1997 | 3.70 million current LCU per square kilometre | +43.5% |
| 1998 | 3.82 million current LCU per square kilometre | +3.1% |
| 1999 | 4.66 million current LCU per square kilometre | +22.2% |
| 2000 | 6.70 million current LCU per square kilometre | +43.6% |
| 2001 | 7.68 million current LCU per square kilometre | +14.7% |
| 2002 | 8.53 million current LCU per square kilometre | +11.1% |
| 2003 | 10.94 million current LCU per square kilometre | +28.2% |
| 2004 | 15.23 million current LCU per square kilometre | +39.3% |
| 2005 | 24.80 million current LCU per square kilometre | +62.8% |
| 2006 | 35.50 million current LCU per square kilometre | +43.1% |
| 2007 | 40.98 million current LCU per square kilometre | +15.4% |
| 2008 | 45.68 million current LCU per square kilometre | +11.5% |
| 2009 | 45.44 million current LCU per square kilometre | -0.5% |
| 2010 | 40.76 million current LCU per square kilometre | -10.3% |
| 2011 | 31.34 million current LCU per square kilometre | -23.1% |
| 2012 | 27.70 million current LCU per square kilometre | -11.6% |
| 2013 | 26.41 million current LCU per square kilometre | -4.6% |
| 2014 | 23.03 million current LCU per square kilometre | -12.8% |
| 2015 | 23.82 million current LCU per square kilometre | +3.4% |
| 2016 | 23.84 million current LCU per square kilometre | +0.1% |
| 2017 | 25.53 million current LCU per square kilometre | +7.1% |
| 2018 | 26.87 million current LCU per square kilometre | +5.2% |
| 2019 | 27.57 million current LCU per square kilometre | +2.6% |
| 2020 | 30.25 million current LCU per square kilometre | +9.7% |
| 2021 | 33.71 million current LCU per square kilometre | +11.4% |
| 2022 | 37.73 million current LCU per square kilometre | +11.9% |
| 2023 | 40.08 million current LCU per square kilometre | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 865.82 current LCU per square kilometre | 484.29 current LCU per square kilometre | 1,443 current LCU per square kilometre | 9 |
| 1970s | 9,128 current LCU per square kilometre | 1,681 current LCU per square kilometre | 27,877 current LCU per square kilometre | 10 |
| 1980s | 573,566 current LCU per square kilometre | 45,986 current LCU per square kilometre | 1.68 million current LCU per square kilometre | 10 |
| 1990s | 2.79 million current LCU per square kilometre | 1.83 million current LCU per square kilometre | 4.66 million current LCU per square kilometre | 10 |
| 2000s | 24.15 million current LCU per square kilometre | 6.70 million current LCU per square kilometre | 45.68 million current LCU per square kilometre | 10 |
| 2010s | 27.69 million current LCU per square kilometre | 23.03 million current LCU per square kilometre | 40.76 million current LCU per square kilometre | 10 |
| 2020s | 35.44 million current LCU per square kilometre | 30.25 million current LCU per square kilometre | 40.08 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 50 Equatorial Guinea 47.07 million current LCU per square kilometre compare
- 51 Albania 44.47 million current LCU per square kilometre compare
- 52 Nepal 44.16 million current LCU per square kilometre compare
- 54 Serbia 38.30 million current LCU per square kilometre compare
- 55 Togo 35.96 million current LCU per square kilometre compare
- 56 China 34.70 million current LCU per square kilometre compare
More financial sector data for Iceland
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1281 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,597 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 13.81 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 13,870 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 15 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,388 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per square kilometre in Iceland?
- Net domestic credit (current lcu), per square kilometre in Iceland was 40.08 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 45.68 million current LCU per square kilometre in 2008.
- What is the lowest net domestic credit (current lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was 484.29 current LCU per square kilometre in 1961.
- How does Iceland rank for net domestic credit (current lcu), per square kilometre?
- Iceland ranks 53rd out of 185 countries with data for 2023.
- Is net domestic credit (current lcu), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 51.7%. 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), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net domestic credit (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Land area (sq. km)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Net domestic credit (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.