Official Reserve Assets and Other Foreign Currency Assets in Iceland

Iceland: Official Reserve Assets and Other Foreign Currency Assets was 4.47 million in 2025. ◆ Volatile

Latest (2025)
4.47 million
Change on year
down 48.2%
World rank
70th
of 88 countries
All-time high
2.24 billion
in 2010
All-time low
4.47 million
in 2025
Years of data
26
2000–2025

Official Reserve Assets and Other Foreign Currency Assets in Iceland, 2000–2025

0500.0M1.0B1.5B2.0B2000201220252000: 31.8M2001: 15.0M2002: 64.3M2003: 183.6M2004: 240.7M2005: 212.8M2006: 547.5M2007: 223.4M2008: 809.4M2009: 1.1B2010: 2.2B2011: 884.2M2012: 102.1M2013: 63.3M2014: 61.4M2015: 34.0M2016: 17.5M2017: 10.1M2018: 8.5M2019: 10.3M2020: 7.2M2021: 13.0M2022: 6.4M2023: 10.5M2024: 8.6M2025: 4.5M

Source: International Monetary Fund.

Analysis

In 2025, official reserve assets and other foreign currency assets in Iceland stood at 4.47 million. That is the lowest value across all 26 years on record.

That represents a change of down 48.2% on the previous year and down 86.9% over ten years.

Over the whole period, official reserve assets and other foreign currency assets in Iceland peaked at 2.24 billion in 2010 and was at its lowest, 4.47 million, in 2025.

Iceland ranks 70th of 88 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Official Reserve Assets and Other Foreign Currency Assets in Iceland, year by year

Annual values for Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve currency and deposits, banks and other financial institutions outside reporting country (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Mon in Iceland, 2000 to 2025.
Year Value Change
2000 31.83 million
2001 14.97 million -53.0%
2002 64.26 million +329.3%
2003 183.63 million +185.8%
2004 240.66 million +31.1%
2005 212.78 million -11.6%
2006 547.53 million +157.3%
2007 223.36 million -59.2%
2008 809.41 million +262.4%
2009 1.10 billion +35.9%
2010 2.24 billion +103.2%
2011 884.24 million -60.4%
2012 102.10 million -88.5%
2013 63.31 million -38.0%
2014 61.44 million -3.0%
2015 33.99 million -44.7%
2016 17.45 million -48.6%
2017 10.08 million -42.3%
2018 8.50 million -15.7%
2019 10.34 million +21.7%
2020 7.21 million -30.3%
2021 13.03 million +80.8%
2022 6.36 million -51.2%
2023 10.50 million +65.1%
2024 8.62 million -17.9%
2025 4.47 million -48.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 342.87 million 14.97 million 1.10 billion 10
2010s 342.68 million 8.50 million 2.24 billion 10
2020s 8.36 million 4.47 million 13.03 million 6

Countries ranked near Iceland

  1. 67 Norway 30.85 million compare
  2. 68 Latvia 30.55 million compare
  3. 69 Sweden 10.00 million compare
  4. 71 New Zealand 3.04 million compare
  5. 72 Cyprus 2.03 million compare
  6. 73 Australia 2.01 million compare

See the full ranking of 90 places →

More financial sector data for Iceland

All data for Iceland →

Frequently asked questions

What is official reserve assets and other foreign currency assets in Iceland?
Official reserve assets and other foreign currency assets in Iceland was 4.47 million in 2025, according to International Monetary Fund.
What is the highest official reserve assets and other foreign currency assets recorded in Iceland?
The highest recorded value was 2.24 billion in 2010.
What is the lowest official reserve assets and other foreign currency assets recorded in Iceland?
The lowest recorded value was 4.47 million in 2025.
How does Iceland rank for official reserve assets and other foreign currency assets?
Iceland ranks 70th out of 88 countries with data for 2025.
Is official reserve assets and other foreign currency assets rising or falling in Iceland?
Over the last ten years it is down 86.9%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve currency and deposits, banks and other financial institutions outside reporting country (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Mon. Statizoid updates them automatically from the source API.

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Official Reserve Assets and Other Foreign Currency Assets in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/official-reserve-assets-and-other-foreign-currency-assets-approximate-market-value-9/iceland/

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About this data

Indicator
Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve currency and deposits, banks and other financial institutions outside reporting country (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Mon
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 1,895 data points, 1999–2025
Last refreshed

The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.