Official Reserve Assets and Other Foreign Currency Assets in Iceland
Iceland: Official Reserve Assets and Other Foreign Currency Assets was 1.47 million in 2025. ◆ Volatile
Official Reserve Assets and Other Foreign Currency Assets in Iceland, 2000–2025
Source: International Monetary Fund.
Analysis
Iceland recorded 1.47 million for official reserve assets and other foreign currency assets in 2025.
Compared with earlier readings it is up 7.4% on the previous year and up 3.5% over ten years.
Over the whole period, official reserve assets and other foreign currency assets in Iceland peaked at 12.72 million in 2007 and was at its lowest, 1.30 million, in 2022.
That places Iceland 29th out of 60 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.
Official Reserve Assets and Other Foreign Currency Assets in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.47 million | — |
| 2001 | 2.40 million | -2.6% |
| 2002 | 2.30 million | -4.4% |
| 2003 | 2.82 million | +22.7% |
| 2004 | 2.42 million | -13.9% |
| 2005 | 3.62 million | +49.3% |
| 2006 | 3.11 million | -14.0% |
| 2007 | 12.72 million | +308.7% |
| 2008 | 1.75 million | -86.3% |
| 2009 | 1.52 million | -12.9% |
| 2010 | 7.94 million | +421.7% |
| 2011 | 1.50 million | -81.1% |
| 2012 | 1.43 million | -4.9% |
| 2013 | 1.60 million | +11.6% |
| 2014 | 1.45 million | -8.9% |
| 2015 | 1.42 million | -2.1% |
| 2016 | 7.43 million | +422.3% |
| 2017 | 8.20 million | +10.3% |
| 2018 | 3.94 million | -52.0% |
| 2019 | 2.58 million | -34.5% |
| 2020 | 2.08 million | -19.3% |
| 2021 | 1.47 million | -29.5% |
| 2022 | 1.30 million | -11.3% |
| 2023 | 1.38 million | +6.3% |
| 2024 | 1.37 million | -0.7% |
| 2025 | 1.47 million | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.51 million | 1.52 million | 12.72 million | 10 |
| 2010s | 3.75 million | 1.42 million | 8.20 million | 10 |
| 2020s | 1.51 million | 1.30 million | 2.08 million | 6 |
Countries ranked near Iceland
- 26 Denmark 20.71 million compare
- 27 New Zealand 11.60 million compare
- 28 Paraguay 10.20 million compare
- 30 Belarus 218.34 compare
- 31 Angola 0 compare
- 31 Armenia 0
- 31 Australia 0 compare
- 31 Bulgaria 0
- 31 Bosnia and Herzegovina 0
- 31 Bolivia, Plurinational State of 0
- 31 Brazil 0 compare
- 31 Switzerland 0 compare
- 31 Colombia 0 compare
- 31 Costa Rica 0
- 31 Germany 0
- 31 United Kingdom of Great Britain and Northern Ireland 0 compare
- 31 Guatemala 0
- 31 Hungary 0
- 31 Indonesia 0
- 31 Ireland 0 compare
- 31 Jamaica 0
- 31 Jordan 0
- 31 Luxembourg 0 compare
- 31 Morocco 0
- 31 North Macedonia 0
- 31 Mauritius 0
- 31 Nicaragua 0
- 31 Norway 0 compare
- 31 Panama 0
- 31 Peru 0 compare
- 31 Poland 0 compare
- 31 Türkiye 0 compare
- 31 Ukraine 0 compare
- 31 United States of America 0
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 official reserve assets and other foreign currency assets in Iceland?
- Official reserve assets and other foreign currency assets in Iceland was 1.47 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 12.72 million in 2007.
- What is the lowest official reserve assets and other foreign currency assets recorded in Iceland?
- The lowest recorded value was 1.30 million in 2022.
- How does Iceland rank for official reserve assets and other foreign currency assets?
- Iceland ranks 29th out of 60 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 up 3.5%. 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), Other foreign currency assets, securities not included in official reserve assets (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and C. Statizoid updates them automatically from the source API.
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About this data
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.