Provisions to nonperforming loans in Iceland
Iceland: Provisions to nonperforming loans was 58.3% in 2020. βΌ Falling
Provisions to nonperforming loans in Iceland, 1998β2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for provisions to nonperforming loans in Iceland is 58.3%, measured in 2020.
That represents a change of up 44.0% on the previous year and down 17.8% over ten years.
Over the whole period, provisions to nonperforming loans in Iceland peaked at 112.9% in 2005 and was at its lowest, 40.5%, in 2019.
Iceland ranks 75th of 140 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.2% | 50.5% | 51.9% | 2 |
| 2000s | 75.9% | 42.5% | 112.9% | 7 |
| 2010s | 50.2% | 40.5% | 57.3% | 5 |
| 2020s | 58.3% | 58.3% | 58.3% | 1 |
Countries ranked near Iceland
- 72 Madagascar 59.4% compare
- 73 United Arab Emirates 58.7% compare
- 74 Hong Kong (China) 58.3% compare
- 76 India 58.3% compare
- 77 Senegal 57.9% compare
- 78 United States of America 57.7% 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 provisions to nonperforming loans in Iceland?
- Provisions to nonperforming loans in Iceland was 58.3% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Iceland?
- The highest recorded value was 112.9% in 2005.
- What is the lowest provisions to nonperforming loans recorded in Iceland?
- The lowest recorded value was 40.5% in 2019.
- How does Iceland rank for provisions to nonperforming loans?
- Iceland ranks 75th out of 140 countries with data for 2020.
- Is provisions to nonperforming loans rising or falling in Iceland?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.