Predetermined short-term net drains on foreign currency assets in Iceland
Iceland: Predetermined short-term net drains on foreign currency assets was 0 in 2015. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Iceland, 2001–2015
Source: International Monetary Fund.
Analysis
In 2015, predetermined short-term net drains on foreign currency assets in Iceland stood at 0. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 100.0% on the previous year.
Over the whole period, predetermined short-term net drains on foreign currency assets in Iceland peaked at 0 in 2003 and was at its lowest, -19.56 million, in 2001.
That places Iceland 1st out of 55 countries with data for 2015, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Predetermined short-term net drains on foreign currency assets in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | -19.56 million | — |
| 2002 | -9.56 million | -51.1% |
| 2003 | 0 | -100.0% |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 0 | — |
| 2013 | -670,100 | — |
| 2014 | -14.96 million | +2132.3% |
| 2015 | 0 | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.64 million | -19.56 million | 0 | 8 |
| 2010s | -5.21 million | -14.96 million | 0 | 3 |
Countries ranked near Iceland
- 1 Argentina 0 compare
- 1 Bulgaria 0
- 1 Belarus 0 compare
- 1 Canada 0 compare
- 1 Chile 0
- 1 Colombia 0 compare
- 1 Cyprus 0
- 1 Germany 0
- 1 Estonia 0 compare
- 1 Greece 0 compare
- 1 Guatemala 0
- 1 Hong Kong, China 0 compare
- 1 Ireland 0 compare
- 1 Italy 0 compare
- 1 Kazakhstan 0
- 1 Kyrgyzstan 0 compare
- 1 Luxembourg 0 compare
- 1 Mongolia 0
- 1 Mauritius 0
- 1 Norway 0
- 1 Philippines 0 compare
- 1 Portugal 0 compare
- 1 Paraguay 0
- 1 Singapore 0 compare
- 1 Slovakia 0
- 1 Slovenia 0 compare
- 1 Thailand 0 compare
- 1 Türkiye 0 compare
- 1 Uruguay 0 compare
- 1 United States of America 0 compare
- 1 West Bank and Gaza 0
- 1 South Africa 0 compare
More financial sector data for Iceland
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1281 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,597 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 13.81 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 13,870 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 15 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,388 SDR per person (2025)
Frequently asked questions
- What is predetermined short-term net drains on foreign currency assets in Iceland?
- Predetermined short-term net drains on foreign currency assets in Iceland was 0 in 2015, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Iceland?
- The highest recorded value was 0 in 2003.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Iceland?
- The lowest recorded value was -19.56 million in 2001.
- How does Iceland rank for predetermined short-term net drains on foreign currency assets?
- Iceland ranks 1st out of 55 countries with data for 2015.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), More than 1 and up to 3 months, Short positions (International Reserves and Foreign Currency Liqui. 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.