Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Iceland
Iceland: Number of Loan Accounts, Commercial Banks, of Which: Household Sector was 490,823 in 2024. ▲ Rising
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Iceland, 2015–2024
Source: International Monetary Fund.
Analysis
Iceland recorded 490,823 for number of loan accounts, commercial banks, of which: household sector in 2024.
That represents a change of down 2.1% on the previous year and up 10.7% over ten years.
Over the whole period, number of loan accounts, commercial banks, of which: household sector in Iceland peaked at 502,485 in 2022 and was at its lowest, 437,316, in 2017.
That places Iceland 59th out of 100 countries with data for 2024, putting it in the middle of the range.
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 443,537 | — |
| 2016 | 439,860 | -0.8% |
| 2017 | 437,316 | -0.6% |
| 2018 | 437,412 | +0.0% |
| 2019 | 461,323 | +5.5% |
| 2020 | 459,459 | -0.4% |
| 2021 | 475,655 | +3.5% |
| 2022 | 502,485 | +5.6% |
| 2023 | 501,593 | -0.2% |
| 2024 | 490,823 | -2.1% |
Iceland compared with similar countries
- Iceland's 490,823 is below the median for high income countries, which is 2.93 million, 17% of the median. (29 countries reporting)
- Iceland's 490,823 is below the median for Europe & Central Asia, which is 3.53 million, 14% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 443,890 | 437,316 | 461,323 | 5 |
| 2020s | 486,003 | 459,459 | 502,485 | 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 loan accounts, commercial banks, of which: household sector in Iceland?
- Number of loan accounts, commercial banks, of which: household sector in Iceland was 490,823 in 2024, according to International Monetary Fund.
- What is the highest number of loan accounts, commercial banks, of which: household sector recorded in Iceland?
- The highest recorded value was 502,485 in 2022.
- What is the lowest number of loan accounts, commercial banks, of which: household sector recorded in Iceland?
- The lowest recorded value was 437,316 in 2017.
- How does Iceland rank for number of loan accounts, commercial banks, of which: household sector?
- Iceland ranks 59th out of 100 countries with data for 2024.
- Is number of loan accounts, commercial banks, of which: household sector rising or falling in Iceland?
- Over the last ten years it is up 10.7%. 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 Loan Accounts, Commercial Banks, of Which: Household Sector Loan 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.