Predetermined short-term net drains on foreign currency assets in Iceland
Iceland: Predetermined short-term net drains on foreign currency assets was -406.63 million in 2025. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Iceland, 2000–2025
Source: International Monetary Fund.
Analysis
In 2025, predetermined short-term net drains on foreign currency assets in Iceland stood at -406.63 million.
That represents a change of down 1,120.3% on the previous year and up 49.6% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Iceland peaked at -3.92 million in 2022 and was at its lowest, -3.85 billion, in 2011.
Iceland ranks 24th of 91 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -961.59 million | -2.75 billion | -264.35 million | 10 |
| 2010s | -1.08 billion | -3.85 billion | -29.77 million | 10 |
| 2020s | -232.43 million | -666.41 million | -3.92 million | 6 |
Countries ranked near Iceland
- 21 Seychelles -162.25 million compare
- 22 Croatia -221.15 million compare
- 23 Russia -367.50 million compare
- 25 Kyrgyz Republic -412.24 million compare
- 26 United States -481.00 million compare
- 27 Italy -482.75 million compare
More financial sector data for Iceland
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- 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)
- Total reserves (gold at national valuation) 5.64 billion SDR (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)
- Domestic credit to private sector by banks 89.2% (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 -406.63 million in 2025, 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 -3.92 million in 2022.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Iceland?
- The lowest recorded value was -3.85 billion in 2011.
- How does Iceland rank for predetermined short-term net drains on foreign currency assets?
- Iceland ranks 24th out of 91 countries with data for 2025.
- Is predetermined short-term net drains on foreign currency assets rising or falling in Iceland?
- Over the last ten years it is up 49.6%. 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 Predetermined short-term net drains on foreign currency assets (nominal value) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). 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.