Number of Deposit Accounts, Commercial Banks, of Which: Household in Iceland
Iceland: Number of Deposit Accounts, Commercial Banks, of Which: Household was 1.69 million in 2024. ▲ Rising
Number of Deposit Accounts, Commercial Banks, of Which: Household in Iceland, 2015–2024
Source: International Monetary Fund.
Analysis
Iceland recorded 1.69 million for number of deposit accounts, commercial banks, of which: household in 2024. That is the highest value across all 10 years on record.
That represents a change of up 2.4% on the previous year and up 22.6% over ten years.
Over the whole period, number of deposit accounts, commercial banks, of which: household in Iceland peaked at 1.69 million in 2024 and was at its lowest, 1.38 million, in 2015.
That places Iceland 60th out of 94 countries with data for 2024, putting it in the middle of the range.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 1.38 million | — |
| 2016 | 1.41 million | +2.0% |
| 2017 | 1.44 million | +2.4% |
| 2018 | 1.47 million | +1.9% |
| 2019 | 1.52 million | +3.1% |
| 2020 | 1.56 million | +2.9% |
| 2021 | 1.56 million | -0.1% |
| 2022 | 1.61 million | +3.3% |
| 2023 | 1.65 million | +2.9% |
| 2024 | 1.69 million | +2.4% |
Iceland compared with similar countries
- Iceland's 1.69 million is below the median for high income countries, which is 6.93 million, 24% of the median. (26 countries reporting)
- Iceland's 1.69 million is below the median for Europe & Central Asia, which is 9.01 million, 19% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.44 million | 1.38 million | 1.52 million | 5 |
| 2020s | 1.61 million | 1.56 million | 1.69 million | 5 |
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 number of deposit accounts, commercial banks, of which: household in Iceland?
- Number of deposit accounts, commercial banks, of which: household in Iceland was 1.69 million in 2024, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Iceland?
- The highest recorded value was 1.69 million in 2024.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Iceland?
- The lowest recorded value was 1.38 million in 2015.
- How does Iceland rank for number of deposit accounts, commercial banks, of which: household?
- Iceland ranks 60th out of 94 countries with data for 2024.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Iceland?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.