Net foreign assets in Iceland
Iceland: Net foreign assets was 397.39 billion current LCU in 2025. ◆ Volatile
Latest (2025)
397.39 billion current LCU
Change on year
up 7.2%
World rank
82nd
of 187 countries
All-time high
936.97 billion current LCU
in 2011
All-time low
-1.34 trillion current LCU
in 2007
Years of data
66
1960–2025
Net foreign assets in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Iceland recorded 397.39 billion current LCU for net foreign assets in 2025.
The figure is up 7.2% on the previous year and down 42.9% over ten years.
Over the whole period, net foreign assets in Iceland peaked at 936.97 billion current LCU in 2011 and was at its lowest, -1.34 trillion current LCU, in 2007.
That places Iceland 82nd out of 187 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 in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -1.46 million current LCU | — |
| 1961 | 2.80 million current LCU | -291.8% |
| 1962 | 9.64 million current LCU | +244.3% |
| 1963 | 11.21 million current LCU | +16.3% |
| 1964 | 31.79 million current LCU | +183.6% |
| 1965 | 39.30 million current LCU | +23.6% |
| 1966 | 40.48 million current LCU | +3.0% |
| 1967 | 25.71 million current LCU | -36.5% |
| 1968 | -1.61 million current LCU | -106.3% |
| 1969 | 17.71 million current LCU | -1198.9% |
| 1970 | 29.71 million current LCU | +67.7% |
| 1971 | 37.03 million current LCU | +24.6% |
| 1972 | 46.03 million current LCU | +24.3% |
| 1973 | 41.03 million current LCU | -10.9% |
| 1974 | -43.56 million current LCU | -206.2% |
| 1975 | -178.01 million current LCU | +308.7% |
| 1976 | -183.46 million current LCU | +3.1% |
| 1977 | -156.50 million current LCU | -14.7% |
| 1978 | -194.70 million current LCU | +24.4% |
| 1979 | -144.55 million current LCU | -25.8% |
| 1980 | -245.50 million current LCU | +69.8% |
| 1981 | -161.25 million current LCU | -34.3% |
| 1982 | -2.27 billion current LCU | +1304.9% |
| 1983 | -5.93 billion current LCU | +161.9% |
| 1984 | -8.52 billion current LCU | +43.6% |
| 1985 | -9.62 billion current LCU | +12.9% |
| 1986 | -4.93 billion current LCU | -48.7% |
| 1987 | -10.64 billion current LCU | +115.7% |
| 1988 | -21.23 billion current LCU | +99.6% |
| 1989 | -20.31 billion current LCU | -4.3% |
| 1990 | -12.57 billion current LCU | -38.1% |
| 1991 | -12.30 billion current LCU | -2.1% |
| 1992 | -9.31 billion current LCU | -24.3% |
| 1993 | -9.29 billion current LCU | -0.2% |
| 1994 | -10.27 billion current LCU | +10.5% |
| 1995 | -9.29 billion current LCU | -9.6% |
| 1996 | -13.17 billion current LCU | +41.8% |
| 1997 | -25.88 billion current LCU | +96.5% |
| 1998 | -66.70 billion current LCU | +157.7% |
| 1999 | -100.07 billion current LCU | +50.0% |
| 2000 | -186.84 billion current LCU | +86.7% |
| 2001 | -198.46 billion current LCU | +6.2% |
| 2002 | -161.44 billion current LCU | -18.7% |
| 2003 | -46.79 billion current LCU | -71.0% |
| 2004 | 14.96 billion current LCU | -132.0% |
| 2005 | 267.75 billion current LCU | +1690.2% |
| 2006 | 817.00 billion current LCU | +205.1% |
| 2007 | -1.34 trillion current LCU | -264.2% |
| 2008 | 190.05 billion current LCU | -114.2% |
| 2009 | 353.78 billion current LCU | +86.2% |
| 2010 | 553.96 billion current LCU | +56.6% |
| 2011 | 936.97 billion current LCU | +69.1% |
| 2012 | 689.39 billion current LCU | -26.4% |
| 2013 | 722.10 billion current LCU | +4.7% |
| 2014 | 690.06 billion current LCU | -4.4% |
| 2015 | 695.35 billion current LCU | +0.8% |
| 2016 | 529.01 billion current LCU | -23.9% |
| 2017 | 374.63 billion current LCU | -29.2% |
| 2018 | 423.73 billion current LCU | +13.1% |
| 2019 | 489.56 billion current LCU | +15.5% |
| 2020 | 458.55 billion current LCU | -6.3% |
| 2021 | 432.98 billion current LCU | -5.6% |
| 2022 | 295.46 billion current LCU | -31.8% |
| 2023 | 339.67 billion current LCU | +15.0% |
| 2024 | 370.61 billion current LCU | +9.1% |
| 2025 | 397.39 billion current LCU | +7.2% |
Iceland compared with similar countries
- Iceland's 397.39 billion current LCU is above the median for high income countries, which is 113.77 billion current LCU, 3.5× the median. (61 countries reporting)
- Iceland's 397.39 billion current LCU is above the median for Europe & Central Asia, which is 228.65 billion current LCU, 1.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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% | 14.96 billion current LCU | 267.75 billion current LCU |
| 1982 | -1304.9% | -161.25 million current LCU | -2.27 billion current LCU |
| 1969 | +1198.9% | -1.61 million current LCU | 17.71 million current LCU |
| 1975 | -308.7% | -43.56 million current LCU | -178.01 million current LCU |
| 1961 | +291.8% | -1.46 million current LCU | 2.80 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.56 million current LCU | -1.61 million current LCU | 40.48 million current LCU | 10 |
| 1970s | -74.70 million current LCU | -194.70 million current LCU | 46.03 million current LCU | 10 |
| 1980s | -8.39 billion current LCU | -21.23 billion current LCU | -161.25 million current LCU | 10 |
| 1990s | -26.88 billion current LCU | -100.07 billion current LCU | -9.29 billion current LCU | 10 |
| 2000s | -29.14 billion current LCU | -1.34 trillion current LCU | 817.00 billion current LCU | 10 |
| 2010s | 610.47 billion current LCU | 374.63 billion current LCU | 936.97 billion current LCU | 10 |
| 2020s | 382.44 billion current LCU | 295.46 billion current LCU | 458.55 billion current LCU | 6 |
Countries ranked near Iceland
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 in Iceland?
- Net foreign assets in Iceland was 397.39 billion current LCU in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Iceland?
- The highest recorded value was 936.97 billion current LCU in 2011.
- What is the lowest net foreign assets recorded in Iceland?
- The lowest recorded value was -1.34 trillion current LCU in 2007.
- How does Iceland rank for net foreign assets?
- Iceland ranks 82nd out of 187 countries with data for 2025.
- Is net foreign assets rising or falling in Iceland?
- Over the last ten years it is down 42.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.