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

Latest (2025)
118.35 current LCU per US$ of GDP
Change on year
down 10.3%
World rank
44th
of 186 countries
All-time high
344.76 current LCU per US$ of GDP
in 2009
All-time low
0.1299 current LCU per US$ of GDP
in 1966
Years of data
66
1960–2025

Net domestic credit (current LCU), per unit of GDP in Iceland, 1960–2025

0100200300196019922025

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

Annual values for Net domestic credit (current LCU), per unit of GDP in Iceland, 1960 to 2025.
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

DecadeAverage LowestHighest 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

  1. 41 Benin 136.31 current LCU per US$ of GDP compare
  2. 42 Sri Lanka 131.44 current LCU per US$ of GDP compare
  3. 43 Guinea-Bissau 129.27 current LCU per US$ of GDP compare
  4. 45 Equatorial Guinea 117.47 current LCU per US$ of GDP compare
  5. 46 Chad 114.05 current LCU per US$ of GDP compare
  6. 47 Cameroon 110.83 current LCU per US$ of GDP compare

See the full ranking of 186 places →

More financial sector data for Iceland

All data for Iceland →

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.

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Net domestic credit (current LCU), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/net-domestic-credit-current-lcu-per-unit-of-gdp/iceland/

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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

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

Indicator
Net domestic credit (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,768 data points, 1960–2025
Last refreshed

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.