Net foreign assets (current LCU), per unit of GDP in Iceland
Iceland: Net foreign assets (current LCU), per unit of GDP was 10.3 current LCU per US$ of GDP in 2025. ◆ Volatile
Net foreign assets (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 foreign assets (current lcu), per unit of gdp in Iceland is 10.3 current LCU per US$ of GDP, measured in 2025.
That represents a change of down 7.8% on the previous year and down 73.8% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Iceland peaked at 60.87 current LCU per US$ of GDP in 2011 and was at its lowest, -61.09 current LCU per US$ of GDP, in 2007.
That places Iceland 72nd out of 186 countries with data for 2025, 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 foreign assets (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | -0.0056 current LCU per US$ of GDP | — |
| 1961 | 0.0105 current LCU per US$ of GDP | -287.7% |
| 1962 | 0.0322 current LCU per US$ of GDP | +206.8% |
| 1963 | 0.0314 current LCU per US$ of GDP | -2.6% |
| 1964 | 0.0697 current LCU per US$ of GDP | +122.1% |
| 1965 | 0.0714 current LCU per US$ of GDP | +2.5% |
| 1966 | 0.0613 current LCU per US$ of GDP | -14.2% |
| 1967 | 0.0394 current LCU per US$ of GDP | -35.7% |
| 1968 | -0.0032 current LCU per US$ of GDP | -108.2% |
| 1969 | 0.0407 current LCU per US$ of GDP | -1357.1% |
| 1970 | 0.0545 current LCU per US$ of GDP | +34.1% |
| 1971 | 0.0534 current LCU per US$ of GDP | -2.1% |
| 1972 | 0.053 current LCU per US$ of GDP | -0.8% |
| 1973 | 0.0343 current LCU per US$ of GDP | -35.2% |
| 1974 | -0.0278 current LCU per US$ of GDP | -180.9% |
| 1975 | -0.1223 current LCU per US$ of GDP | +340.2% |
| 1976 | -0.1062 current LCU per US$ of GDP | -13.2% |
| 1977 | -0.0685 current LCU per US$ of GDP | -35.5% |
| 1978 | -0.0749 current LCU per US$ of GDP | +9.4% |
| 1979 | -0.0489 current LCU per US$ of GDP | -34.6% |
| 1980 | -0.0701 current LCU per US$ of GDP | +43.3% |
| 1981 | -0.0446 current LCU per US$ of GDP | -36.4% |
| 1982 | -0.6826 current LCU per US$ of GDP | +1430.3% |
| 1983 | -2.07 current LCU per US$ of GDP | +203.7% |
| 1984 | -2.87 current LCU per US$ of GDP | +38.7% |
| 1985 | -3.11 current LCU per US$ of GDP | +8.4% |
| 1986 | -1.19 current LCU per US$ of GDP | -61.7% |
| 1987 | -1.86 current LCU per US$ of GDP | +55.9% |
| 1988 | -3.36 current LCU per US$ of GDP | +80.4% |
| 1989 | -3.46 current LCU per US$ of GDP | +3.0% |
| 1990 | -1.88 current LCU per US$ of GDP | -45.7% |
| 1991 | -1.72 current LCU per US$ of GDP | -8.4% |
| 1992 | -1.27 current LCU per US$ of GDP | -26.1% |
| 1993 | -1.44 current LCU per US$ of GDP | +13.6% |
| 1994 | -1.55 current LCU per US$ of GDP | +7.6% |
| 1995 | -1.26 current LCU per US$ of GDP | -18.9% |
| 1996 | -1.71 current LCU per US$ of GDP | +36.0% |
| 1997 | -3.35 current LCU per US$ of GDP | +95.8% |
| 1998 | -7.72 current LCU per US$ of GDP | +130.2% |
| 1999 | -10.99 current LCU per US$ of GDP | +42.3% |
| 2000 | -20.44 current LCU per US$ of GDP | +86.1% |
| 2001 | -23.84 current LCU per US$ of GDP | +16.6% |
| 2002 | -17.15 current LCU per US$ of GDP | -28.1% |
| 2003 | -4.05 current LCU per US$ of GDP | -76.4% |
| 2004 | 1.07 current LCU per US$ of GDP | -126.5% |
| 2005 | 15.62 current LCU per US$ of GDP | +1357.9% |
| 2006 | 46.23 current LCU per US$ of GDP | +196.1% |
| 2007 | -61.09 current LCU per US$ of GDP | -232.1% |
| 2008 | 10.41 current LCU per US$ of GDP | -117.0% |
| 2009 | 26.78 current LCU per US$ of GDP | +157.1% |
| 2010 | 39.79 current LCU per US$ of GDP | +48.6% |
| 2011 | 60.87 current LCU per US$ of GDP | +53.0% |
| 2012 | 46.13 current LCU per US$ of GDP | -24.2% |
| 2013 | 44.45 current LCU per US$ of GDP | -3.6% |
| 2014 | 38.23 current LCU per US$ of GDP | -14.0% |
| 2015 | 39.28 current LCU per US$ of GDP | +2.8% |
| 2016 | 25.09 current LCU per US$ of GDP | -36.1% |
| 2017 | 14.95 current LCU per US$ of GDP | -40.4% |
| 2018 | 15.88 current LCU per US$ of GDP | +6.2% |
| 2019 | 19.59 current LCU per US$ of GDP | +23.4% |
| 2020 | 20.81 current LCU per US$ of GDP | +6.2% |
| 2021 | 16.5 current LCU per US$ of GDP | -20.7% |
| 2022 | 10.13 current LCU per US$ of GDP | -38.6% |
| 2023 | 10.71 current LCU per US$ of GDP | +5.8% |
| 2024 | 11.17 current LCU per US$ of GDP | +4.2% |
| 2025 | 10.3 current LCU per US$ of GDP | -7.8% |
Iceland compared with similar countries
- Iceland's 10.3 current LCU per US$ of GDP is above the median for high income countries, which is 0.596 current LCU per US$ of GDP, 17.3× the median. (61 countries reporting)
- Iceland's 10.3 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.6298 current LCU per US$ of GDP, 16.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 1982 | -1430.3% | -0.0446 current LCU per US$ of GDP | -0.6826 current LCU per US$ of GDP |
| 1969 | +1357.1% | -0.0032 current LCU per US$ of GDP | 0.0407 current LCU per US$ of GDP |
| 2005 | +1357.9% | 1.07 current LCU per US$ of GDP | 15.62 current LCU per US$ of GDP |
| 1975 | -340.2% | -0.0278 current LCU per US$ of GDP | -0.1223 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0348 current LCU per US$ of GDP | -0.0056 current LCU per US$ of GDP | 0.0714 current LCU per US$ of GDP | 10 |
| 1970s | -0.0253 current LCU per US$ of GDP | -0.1223 current LCU per US$ of GDP | 0.0545 current LCU per US$ of GDP | 10 |
| 1980s | -1.87 current LCU per US$ of GDP | -3.46 current LCU per US$ of GDP | -0.0446 current LCU per US$ of GDP | 10 |
| 1990s | -3.29 current LCU per US$ of GDP | -10.99 current LCU per US$ of GDP | -1.26 current LCU per US$ of GDP | 10 |
| 2000s | -2.65 current LCU per US$ of GDP | -61.09 current LCU per US$ of GDP | 46.23 current LCU per US$ of GDP | 10 |
| 2010s | 34.43 current LCU per US$ of GDP | 14.95 current LCU per US$ of GDP | 60.87 current LCU per US$ of GDP | 10 |
| 2020s | 13.27 current LCU per US$ of GDP | 10.13 current LCU per US$ of GDP | 20.81 current LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 69 Lesotho 10.59 current LCU per US$ of GDP compare
- 70 Armenia 10.46 current LCU per US$ of GDP compare
- 71 Libya 10.44 current LCU per US$ of GDP compare
- 73 Nicaragua 8.22 current LCU per US$ of GDP compare
- 74 Czechia 7.87 current LCU per US$ of GDP compare
- 75 Syria 7.61 current LCU per US$ of GDP 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 unit of gdp in Iceland?
- Net foreign assets (current lcu), per unit of gdp in Iceland was 10.3 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 60.87 current LCU per US$ of GDP in 2011.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was -61.09 current LCU per US$ of GDP in 2007.
- How does Iceland rank for net foreign assets (current lcu), per unit of gdp?
- Iceland ranks 72nd out of 186 countries with data for 2025.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 73.8%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets 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 foreign assets (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.