Number of Household Sector Deposit Accounts with Commercial Banks per in Iceland

Iceland: Number of Household Sector Deposit Accounts with Commercial Banks per was 5,090 in 2024. ▬ Flat

Latest (2024)
5,090
Change on year
down 0.8%
World rank
8th
of 92 countries
All-time high
5,244
in 2016
All-time low
5,090
in 2024
Years of data
10
2015–2024

Number of Household Sector Deposit Accounts with Commercial Banks per in Iceland, 2015–2024

02.0k4.0k6.0k2015201920242015: 5.2k2016: 5.2k2017: 5.2k2018: 5.2k2019: 5.2k2020: 5.2k2021: 5.1k2022: 5.2k2023: 5.1k2024: 5.1k

Source: International Monetary Fund.

Analysis

Iceland recorded 5,090 for number of household sector deposit accounts with commercial banks per in 2024. That is the lowest value across all 10 years on record.

The figure is down 0.8% on the previous year and down 2.7% over ten years.

Over the whole period, number of household sector deposit accounts with commercial banks per in Iceland peaked at 5,244 in 2016 and was at its lowest, 5,090, in 2024.

Iceland ranks 8th of 92 countries on this measure, in the top 10%.

Number of Household Sector Deposit Accounts with Commercial Banks per in Iceland, year by year

Annual values for Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults in Iceland, 2015 to 2024.
Year Value Change
2015 5,231
2016 5,244 +0.2%
2017 5,222 -0.4%
2018 5,157 -1.3%
2019 5,184 +0.5%
2020 5,237 +1.0%
2021 5,138 -1.9%
2022 5,159 +0.4%
2023 5,133 -0.5%
2024 5,090 -0.8%

Iceland compared with similar countries

  • Iceland's 5,090 is above the median for high income countries, which is 2,317, 2.2× the median. (26 countries reporting)
  • Iceland's 5,090 is above the median for Europe & Central Asia, which is 2,516, 2.0× the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 5,208 5,157 5,244 5
2020s 5,151 5,090 5,237 5

Countries ranked near Iceland

  1. 5 Ukraine 5,955 compare
  2. 6 Russia 5,892 compare
  3. 7 Mongolia 5,243 compare
  4. 9 Chile 4,049 compare
  5. 10 Greece 3,977 compare
  6. 11 Armenia 3,386 compare

See the full ranking of 92 places →

More financial sector data for Iceland

All data for Iceland →

Frequently asked questions

What is number of household sector deposit accounts with commercial banks per in Iceland?
Number of household sector deposit accounts with commercial banks per in Iceland was 5,090 in 2024, according to International Monetary Fund.
What is the highest number of household sector deposit accounts with commercial banks per recorded in Iceland?
The highest recorded value was 5,244 in 2016.
What is the lowest number of household sector deposit accounts with commercial banks per recorded in Iceland?
The lowest recorded value was 5,090 in 2024.
How does Iceland rank for number of household sector deposit accounts with commercial banks per?
Iceland ranks 8th out of 92 countries with data for 2024.
Is number of household sector deposit accounts with commercial banks per rising or falling in Iceland?
Over the last ten years it is down 2.7%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.

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Number of Household Sector Deposit Accounts with Commercial Banks per in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-household-sector-deposit-accounts-with-commercial-banks-per-1-000-adults/iceland/

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About this data

Indicator
Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
92 places, 1,367 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.