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, 2006–2015
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 6 years on record.
That represents a change of up 100.0% over five years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Iceland peaked at 0 in 2006 and was at its lowest, -381.46 million, in 2008.
That places Iceland 11th out of 53 countries with data for 2015, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -127.15 million | -381.46 million | 0 | 3 |
| 2010s | 0 | 0 | 0 | 3 |
Countries ranked near Iceland
- 8 Spain 1.40 million compare
- 9 Malta 928,250 compare
- 10 Bolivia, Plurinational State of 282.35
- 11 Austria 0 compare
- 11 Bulgaria 0
- 11 Belarus 0
- 11 Colombia 0 compare
- 11 Cyprus 0
- 11 Germany 0 compare
- 11 Estonia 0 compare
- 11 Finland 0 compare
- 11 Guatemala 0 compare
- 11 Ireland 0 compare
- 11 Israel 0
- 11 Kazakhstan 0 compare
- 11 Luxembourg 0
- 11 Latvia 0 compare
- 11 Mexico 0 compare
- 11 Netherlands 0 compare
- 11 Portugal 0 compare
- 11 Paraguay 0
- 11 Slovak Republic 0 compare
- 11 Sweden 0 compare
More financial sector data for Iceland
- Net domestic credit (current LCU), per capita 11.64 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 118.35 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.23 million SDR (2025)
- Gold reserves at market value 203.48 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.94 billion SDR (2025)
- Reserves excluding gold 5.44 billion SDR (2025)
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 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 2006.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Iceland?
- The lowest recorded value was -381.46 million in 2008.
- How does Iceland rank for predetermined short-term net drains on foreign currency assets?
- Iceland ranks 11th out of 53 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), Other predetermined short term net drains on foreign currency assets, Up to 1 month (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Centr. 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.