Net domestic credit (current LCU), per unit of GDP in Iceland
Iceland: Net domestic credit (current LCU), per unit of GDP was 118.35 current LCU per US$ of GDP in 2025. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Iceland, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Iceland is 118.35 current LCU per US$ of GDP, measured in 2025.
The figure is down 10.3% on the previous year and down 12.3% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Iceland peaked at 344.76 current LCU per US$ of GDP in 2009 and was at its lowest, 0.1299 current LCU per US$ of GDP, in 1966.
Iceland ranks 44th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1625 current LCU per US$ of GDP | — |
| 1961 | 0.182 current LCU per US$ of GDP | +12.0% |
| 1962 | 0.1832 current LCU per US$ of GDP | +0.7% |
| 1963 | 0.1711 current LCU per US$ of GDP | -6.6% |
| 1964 | 0.1364 current LCU per US$ of GDP | -20.3% |
| 1965 | 0.1383 current LCU per US$ of GDP | +1.4% |
| 1966 | 0.1299 current LCU per US$ of GDP | -6.1% |
| 1967 | 0.1734 current LCU per US$ of GDP | +33.4% |
| 1968 | 0.2703 current LCU per US$ of GDP | +55.9% |
| 1969 | 0.332 current LCU per US$ of GDP | +22.8% |
| 1970 | 0.3091 current LCU per US$ of GDP | -6.9% |
| 1971 | 0.2858 current LCU per US$ of GDP | -7.5% |
| 1972 | 0.2686 current LCU per US$ of GDP | -6.0% |
| 1973 | 0.2691 current LCU per US$ of GDP | +0.2% |
| 1974 | 0.3316 current LCU per US$ of GDP | +23.2% |
| 1975 | 0.5336 current LCU per US$ of GDP | +60.9% |
| 1976 | 0.5621 current LCU per US$ of GDP | +5.3% |
| 1977 | 0.5678 current LCU per US$ of GDP | +1.0% |
| 1978 | 0.7188 current LCU per US$ of GDP | +26.6% |
| 1979 | 0.9463 current LCU per US$ of GDP | +31.6% |
| 1980 | 1.32 current LCU per US$ of GDP | +39.2% |
| 1981 | 2.11 current LCU per US$ of GDP | +60.2% |
| 1982 | 4.4 current LCU per US$ of GDP | +108.6% |
| 1983 | 9.66 current LCU per US$ of GDP | +119.3% |
| 1984 | 12.96 current LCU per US$ of GDP | +34.2% |
| 1985 | 16.84 current LCU per US$ of GDP | +29.9% |
| 1986 | 14.3 current LCU per US$ of GDP | -15.1% |
| 1987 | 14.76 current LCU per US$ of GDP | +3.2% |
| 1988 | 18.74 current LCU per US$ of GDP | +27.0% |
| 1989 | 28.67 current LCU per US$ of GDP | +53.0% |
| 1990 | 27.39 current LCU per US$ of GDP | -4.4% |
| 1991 | 28.53 current LCU per US$ of GDP | +4.1% |
| 1992 | 29.14 current LCU per US$ of GDP | +2.2% |
| 1993 | 35.91 current LCU per US$ of GDP | +23.2% |
| 1994 | 36.59 current LCU per US$ of GDP | +1.9% |
| 1995 | 32.32 current LCU per US$ of GDP | -11.7% |
| 1996 | 33.66 current LCU per US$ of GDP | +4.2% |
| 1997 | 48.1 current LCU per US$ of GDP | +42.9% |
| 1998 | 44.3 current LCU per US$ of GDP | -7.9% |
| 1999 | 51.32 current LCU per US$ of GDP | +15.9% |
| 2000 | 73.45 current LCU per US$ of GDP | +43.1% |
| 2001 | 92.5 current LCU per US$ of GDP | +25.9% |
| 2002 | 90.84 current LCU per US$ of GDP | -1.8% |
| 2003 | 94.81 current LCU per US$ of GDP | +4.4% |
| 2004 | 109.36 current LCU per US$ of GDP | +15.4% |
| 2005 | 145.01 current LCU per US$ of GDP | +32.6% |
| 2006 | 201.4 current LCU per US$ of GDP | +38.9% |
| 2007 | 187.07 current LCU per US$ of GDP | -7.1% |
| 2008 | 250.94 current LCU per US$ of GDP | +34.1% |
| 2009 | 344.76 current LCU per US$ of GDP | +37.4% |
| 2010 | 293.48 current LCU per US$ of GDP | -14.9% |
| 2011 | 204.06 current LCU per US$ of GDP | -30.5% |
| 2012 | 185.79 current LCU per US$ of GDP | -9.0% |
| 2013 | 163.01 current LCU per US$ of GDP | -12.3% |
| 2014 | 127.9 current LCU per US$ of GDP | -21.5% |
| 2015 | 134.93 current LCU per US$ of GDP | +5.5% |
| 2016 | 113.34 current LCU per US$ of GDP | -16.0% |
| 2017 | 102.14 current LCU per US$ of GDP | -9.9% |
| 2018 | 101.54 current LCU per US$ of GDP | -0.6% |
| 2019 | 111.25 current LCU per US$ of GDP | +9.6% |
| 2020 | 138.44 current LCU per US$ of GDP | +24.4% |
| 2021 | 129.55 current LCU per US$ of GDP | -6.4% |
| 2022 | 130.4 current LCU per US$ of GDP | +0.7% |
| 2023 | 127.47 current LCU per US$ of GDP | -2.3% |
| 2024 | 131.98 current LCU per US$ of GDP | +3.5% |
| 2025 | 118.35 current LCU per US$ of GDP | -10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1879 current LCU per US$ of GDP | 0.1299 current LCU per US$ of GDP | 0.332 current LCU per US$ of GDP | 10 |
| 1970s | 0.4793 current LCU per US$ of GDP | 0.2686 current LCU per US$ of GDP | 0.9463 current LCU per US$ of GDP | 10 |
| 1980s | 12.37 current LCU per US$ of GDP | 1.32 current LCU per US$ of GDP | 28.67 current LCU per US$ of GDP | 10 |
| 1990s | 36.73 current LCU per US$ of GDP | 27.39 current LCU per US$ of GDP | 51.32 current LCU per US$ of GDP | 10 |
| 2000s | 159.01 current LCU per US$ of GDP | 73.45 current LCU per US$ of GDP | 344.76 current LCU per US$ of GDP | 10 |
| 2010s | 153.74 current LCU per US$ of GDP | 101.54 current LCU per US$ of GDP | 293.48 current LCU per US$ of GDP | 10 |
| 2020s | 129.36 current LCU per US$ of GDP | 118.35 current LCU per US$ of GDP | 138.44 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 41 Benin 136.31 current LCU per US$ of GDP compare
- 42 Sri Lanka 131.44 current LCU per US$ of GDP compare
- 43 Guinea-Bissau 129.27 current LCU per US$ of GDP compare
- 45 Equatorial Guinea 117.47 current LCU per US$ of GDP compare
- 46 Chad 114.05 current LCU per US$ of GDP compare
- 47 Cameroon 110.83 current LCU per US$ of GDP compare
More financial sector data for Iceland
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.94 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Iceland?
- Net domestic credit (current lcu), per unit of gdp in Iceland was 118.35 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 344.76 current LCU per US$ of GDP in 2009.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.1299 current LCU per US$ of GDP in 1966.
- How does Iceland rank for net domestic credit (current lcu), per unit of gdp?
- Iceland ranks 44th out of 186 countries with data for 2025.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 12.3%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.