Net foreign assets (current LCU), per square kilometre in Iceland
Iceland: Net foreign assets (current LCU), per square kilometre was 3.37 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
3.37 million current LCU per square kilometre
Change on year
up 15.0%
World rank
78th
of 185 countries
All-time high
9.35 million current LCU per square kilometre
in 2011
All-time low
-13.38 million current LCU per square kilometre
in 2007
Years of data
63
1961–2023
Net foreign assets (current LCU), per square kilometre in Iceland, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, net foreign assets (current lcu), per square kilometre in Iceland stood at 3.37 million current LCU per square kilometre.
That represents a change of up 15.0% on the previous year and down 53.2% over ten years.
Over the whole period, net foreign assets (current lcu), per square kilometre in Iceland peaked at 9.35 million current LCU per square kilometre in 2011 and was at its lowest, -13.38 million current LCU per square kilometre, in 2007.
Iceland ranks 78th of 185 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 foreign assets (current LCU), per square kilometre in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 27.93 current LCU per square kilometre | — |
| 1962 | 96.16 current LCU per square kilometre | +244.3% |
| 1963 | 111.82 current LCU per square kilometre | +16.3% |
| 1964 | 317.13 current LCU per square kilometre | +183.6% |
| 1965 | 392 current LCU per square kilometre | +23.6% |
| 1966 | 403.82 current LCU per square kilometre | +3.0% |
| 1967 | 256.48 current LCU per square kilometre | -36.5% |
| 1968 | -16.08 current LCU per square kilometre | -106.3% |
| 1969 | 176.68 current LCU per square kilometre | -1198.9% |
| 1970 | 296.37 current LCU per square kilometre | +67.7% |
| 1971 | 369.39 current LCU per square kilometre | +24.6% |
| 1972 | 459.12 current LCU per square kilometre | +24.3% |
| 1973 | 409.27 current LCU per square kilometre | -10.9% |
| 1974 | -434.47 current LCU per square kilometre | -206.2% |
| 1975 | -1,776 current LCU per square kilometre | +308.7% |
| 1976 | -1,830 current LCU per square kilometre | +3.1% |
| 1977 | -1,561 current LCU per square kilometre | -14.7% |
| 1978 | -1,942 current LCU per square kilometre | +24.4% |
| 1979 | -1,442 current LCU per square kilometre | -25.8% |
| 1980 | -2,449 current LCU per square kilometre | +69.8% |
| 1981 | -1,609 current LCU per square kilometre | -34.3% |
| 1982 | -22,597 current LCU per square kilometre | +1304.9% |
| 1983 | -59,188 current LCU per square kilometre | +161.9% |
| 1984 | -85,001 current LCU per square kilometre | +43.6% |
| 1985 | -95,960 current LCU per square kilometre | +12.9% |
| 1986 | -49,198 current LCU per square kilometre | -48.7% |
| 1987 | -106,099 current LCU per square kilometre | +115.7% |
| 1988 | -211,763 current LCU per square kilometre | +99.6% |
| 1989 | -202,559 current LCU per square kilometre | -4.3% |
| 1990 | -125,340 current LCU per square kilometre | -38.1% |
| 1991 | -122,649 current LCU per square kilometre | -2.1% |
| 1992 | -92,862 current LCU per square kilometre | -24.3% |
| 1993 | -92,678 current LCU per square kilometre | -0.2% |
| 1994 | -102,451 current LCU per square kilometre | +10.5% |
| 1995 | -92,628 current LCU per square kilometre | -9.6% |
| 1996 | -131,355 current LCU per square kilometre | +41.8% |
| 1997 | -258,160 current LCU per square kilometre | +96.5% |
| 1998 | -665,339 current LCU per square kilometre | +157.7% |
| 1999 | -998,165 current LCU per square kilometre | +50.0% |
| 2000 | -1.86 million current LCU per square kilometre | +86.7% |
| 2001 | -1.98 million current LCU per square kilometre | +6.2% |
| 2002 | -1.61 million current LCU per square kilometre | -18.7% |
| 2003 | -466,686 current LCU per square kilometre | -71.0% |
| 2004 | 149,192 current LCU per square kilometre | -132.0% |
| 2005 | 2.67 million current LCU per square kilometre | +1690.2% |
| 2006 | 8.15 million current LCU per square kilometre | +205.1% |
| 2007 | -13.38 million current LCU per square kilometre | -264.2% |
| 2008 | 1.90 million current LCU per square kilometre | -114.2% |
| 2009 | 3.53 million current LCU per square kilometre | +86.2% |
| 2010 | 5.53 million current LCU per square kilometre | +56.6% |
| 2011 | 9.35 million current LCU per square kilometre | +69.1% |
| 2012 | 6.88 million current LCU per square kilometre | -26.4% |
| 2013 | 7.20 million current LCU per square kilometre | +4.7% |
| 2014 | 6.88 million current LCU per square kilometre | -4.4% |
| 2015 | 6.94 million current LCU per square kilometre | +0.8% |
| 2016 | 5.28 million current LCU per square kilometre | -23.9% |
| 2017 | 3.74 million current LCU per square kilometre | -29.2% |
| 2018 | 4.20 million current LCU per square kilometre | +12.5% |
| 2019 | 4.86 million current LCU per square kilometre | +15.5% |
| 2020 | 4.55 million current LCU per square kilometre | -6.3% |
| 2021 | 4.29 million current LCU per square kilometre | -5.6% |
| 2022 | 2.93 million current LCU per square kilometre | -31.8% |
| 2023 | 3.37 million current LCU per square kilometre | +15.0% |
Iceland compared with similar countries
- Iceland's 3.37 million current LCU per square kilometre is above the median for high income countries, which is 2.28 million current LCU per square kilometre, 1.5× the median. (61 countries reporting)
- Iceland's 3.37 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 1.42 million current LCU per square kilometre, 2.4× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per square kilometre 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 |
|---|---|---|---|
| 2005 | +1690.2% | 149,192 current LCU per square kilometre | 2.67 million current LCU per square kilometre |
| 1982 | -1304.9% | -1,609 current LCU per square kilometre | -22,597 current LCU per square kilometre |
| 1969 | +1198.9% | -16.08 current LCU per square kilometre | 176.68 current LCU per square kilometre |
| 1975 | -308.7% | -434.47 current LCU per square kilometre | -1,776 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 196.22 current LCU per square kilometre | -16.08 current LCU per square kilometre | 403.82 current LCU per square kilometre | 9 |
| 1970s | -745.12 current LCU per square kilometre | -1,942 current LCU per square kilometre | 459.12 current LCU per square kilometre | 10 |
| 1980s | -83,642 current LCU per square kilometre | -211,763 current LCU per square kilometre | -1,609 current LCU per square kilometre | 10 |
| 1990s | -268,163 current LCU per square kilometre | -998,165 current LCU per square kilometre | -92,628 current LCU per square kilometre | 10 |
| 2000s | -290,702 current LCU per square kilometre | -13.38 million current LCU per square kilometre | 8.15 million current LCU per square kilometre | 10 |
| 2010s | 6.08 million current LCU per square kilometre | 3.74 million current LCU per square kilometre | 9.35 million current LCU per square kilometre | 10 |
| 2020s | 3.79 million current LCU per square kilometre | 2.93 million current LCU per square kilometre | 4.55 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 75 Saint Lucia 3.81 million current LCU per square kilometre compare
- 76 Algeria 3.74 million current LCU per square kilometre compare
- 77 Sri Lanka 3.44 million current LCU per square kilometre compare
- 79 Ukraine 3.33 million current LCU per square kilometre compare
- 80 Moldova 3.32 million current LCU per square kilometre compare
- 81 Russia 3.28 million current LCU per square kilometre 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 foreign assets (current lcu), per square kilometre in Iceland?
- Net foreign assets (current lcu), per square kilometre in Iceland was 3.37 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 9.35 million current LCU per square kilometre in 2011.
- What is the lowest net foreign assets (current lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was -13.38 million current LCU per square kilometre in 2007.
- How does Iceland rank for net foreign assets (current lcu), per square kilometre?
- Iceland ranks 78th out of 185 countries with data for 2023.
- Is net foreign assets (current lcu), per square kilometre rising or falling in Iceland?
- Over the last ten years it is down 53.2%. 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 foreign assets (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 foreign assets (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 foreign assets (current LCU) ÷ Land area (sq. km)
Computed from
- Net foreign assets 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 foreign assets (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.