Quasi-Money, Money plus Quasi-Money in Iceland
Iceland: Quasi-Money, Money plus Quasi-Money was 1.13 trillion in 2006. ◆ Volatile
Latest (2006)
1.13 trillion
Change on year
up 60.1%
World rank
67th
of 163 countries
All-time high
1.13 trillion
in 2006
All-time low
9.88 million
in 1951
Years of data
56
1951–2006
Quasi-Money, Money plus Quasi-Money in Iceland, 1951–2006
Source: International Monetary Fund.
Analysis
The most recent figure for quasi-money, money plus quasi-money in Iceland is 1.13 trillion, measured in 2006. That is the highest value across all 56 years on record.
That represents a change of up 60.1% on the previous year and up 521.8% over ten years.
Over the whole period, quasi-money, money plus quasi-money in Iceland peaked at 1.13 trillion in 2006 and was at its lowest, 9.88 million, in 1951.
That places Iceland 67th out of 163 countries with data for 2006, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Quasi-Money, Money plus Quasi-Money in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1951 | 9.88 million | — |
| 1952 | 11.12 million | +12.6% |
| 1953 | 13.50 million | +21.4% |
| 1954 | 15.62 million | +15.7% |
| 1955 | 18.06 million | +15.6% |
| 1956 | 19.99 million | +10.7% |
| 1957 | 22.25 million | +11.3% |
| 1958 | 25.84 million | +16.1% |
| 1959 | 29.54 million | +14.3% |
| 1960 | 32.93 million | +11.5% |
| 1961 | 41.50 million | +26.0% |
| 1962 | 51.90 million | +25.1% |
| 1963 | 59.33 million | +14.3% |
| 1964 | 61.63 million | +3.9% |
| 1965 | 77.17 million | +25.2% |
| 1966 | 86.34 million | +11.9% |
| 1967 | 104.04 million | +20.5% |
| 1968 | 113.06 million | +8.7% |
| 1969 | 139.45 million | +23.3% |
| 1970 | 172.72 million | +23.9% |
| 1971 | 208.62 million | +20.8% |
| 1972 | 246.76 million | +18.3% |
| 1973 | 326.81 million | +32.4% |
| 1974 | 420.36 million | +28.6% |
| 1975 | 542.07 million | +29.0% |
| 1976 | 720.27 million | +32.9% |
| 1977 | 1.04 billion | +44.1% |
| 1978 | 1.54 billion | +48.4% |
| 1979 | 2.42 billion | +57.2% |
| 1980 | 4.00 billion | +65.3% |
| 1981 | 5.00 billion | +24.9% |
| 1982 | 8.51 billion | +70.3% |
| 1983 | 15.33 billion | +80.1% |
| 1984 | 20.57 billion | +34.2% |
| 1985 | 31.57 billion | +53.5% |
| 1986 | 41.64 billion | +31.9% |
| 1987 | 57.00 billion | +36.9% |
| 1988 | 74.41 billion | +30.5% |
| 1989 | 112.09 billion | +50.6% |
| 1990 | 127.90 billion | +14.1% |
| 1991 | 148.25 billion | +15.9% |
| 1992 | 154.03 billion | +3.9% |
| 1993 | 164.09 billion | +6.5% |
| 1994 | 167.44 billion | +2.0% |
| 1995 | 171.66 billion | +2.5% |
| 1996 | 182.28 billion | +6.2% |
| 1997 | 199.33 billion | +9.4% |
| 1998 | 229.61 billion | +15.2% |
| 1999 | 269.23 billion | +17.3% |
| 2000 | 298.15 billion | +10.7% |
| 2001 | 342.51 billion | +14.9% |
| 2002 | 393.89 billion | +15.0% |
| 2003 | 482.06 billion | +22.4% |
| 2004 | 547.26 billion | +13.5% |
| 2005 | 707.78 billion | +29.3% |
| 2006 | 1.13 trillion | +60.1% |
Iceland compared with similar countries
- Iceland's 1.13 trillion is above the median for high income countries, which is 283.83 billion, 4.0× the median. (45 countries reporting)
- Iceland's 1.13 trillion is above the median for Europe & Central Asia, which is 672.60 billion, 1.7× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 18.42 million | 9.88 million | 29.54 million | 9 |
| 1960s | 76.74 million | 32.93 million | 139.45 million | 10 |
| 1970s | 763.64 million | 172.72 million | 2.42 billion | 10 |
| 1980s | 37.01 billion | 4.00 billion | 112.09 billion | 10 |
| 1990s | 181.38 billion | 127.90 billion | 269.23 billion | 10 |
| 2000s | 557.86 billion | 298.15 billion | 1.13 trillion | 7 |
Countries ranked near Iceland
- 64 United Arab Emirates 1.21 trillion compare
- 65 Niger 1.15 trillion compare
- 66 Slovakia 1.14 trillion compare
- 68 Equatorial Guinea 1.10 trillion compare
- 69 Serbia 992.53 billion compare
- 70 Sao Tome and Principe 986.67 billion compare
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 quasi-money, money plus quasi-money in Iceland?
- Quasi-money, money plus quasi-money in Iceland was 1.13 trillion in 2006, according to International Monetary Fund.
- What is the highest quasi-money, money plus quasi-money recorded in Iceland?
- The highest recorded value was 1.13 trillion in 2006.
- What is the lowest quasi-money, money plus quasi-money recorded in Iceland?
- The lowest recorded value was 9.88 million in 1951.
- How does Iceland rank for quasi-money, money plus quasi-money?
- Iceland ranks 67th out of 163 countries with data for 2006.
- Is quasi-money, money plus quasi-money rising or falling in Iceland?
- Over the last ten years it is up 521.8%. 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 Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.