Reserve assets, Currency and deposits in Iceland
Iceland: Reserve assets, Currency and deposits was 579.90 million US dollar in 2025. ◆ Volatile
Latest (2025)
579.90 million US dollar
Change on year
up 30.1%
World rank
98th
of 156 countries
All-time high
5.48 billion US dollar
in 2011
All-time low
36.71 million US dollar
in 1994
Years of data
40
1986–2025
Reserve assets, Currency and deposits in Iceland, 1986–2025
Source: International Monetary Fund. Measured in US dollar.
Analysis
The most recent figure for reserve assets, currency and deposits in Iceland is 579.90 million US dollar, measured in 2025.
Compared with earlier readings it is up 30.1% on the previous year and down 42.1% over ten years.
Over the whole period, reserve assets, currency and deposits in Iceland peaked at 5.48 billion US dollar in 2011 and was at its lowest, 36.71 million US dollar, in 1994.
Iceland ranks 98th of 156 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.
Reserve assets, Currency and deposits in Iceland, year by year
| Year | US dollar | Change |
|---|---|---|
| 1986 | 120.00 million US dollar | — |
| 1987 | 102.00 million US dollar | -15.0% |
| 1988 | 98.00 million US dollar | -3.9% |
| 1989 | 102.00 million US dollar | +4.1% |
| 1990 | 167.60 million US dollar | +64.3% |
| 1991 | 127.15 million US dollar | -24.1% |
| 1992 | 155.39 million US dollar | +22.2% |
| 1993 | 119.72 million US dollar | -23.0% |
| 1994 | 36.71 million US dollar | -69.3% |
| 1995 | 39.46 million US dollar | +7.5% |
| 1996 | 162.72 million US dollar | +312.4% |
| 1997 | 70.16 million US dollar | -56.9% |
| 1998 | 83.15 million US dollar | +18.5% |
| 1999 | 179.63 million US dollar | +116.0% |
| 2000 | 97.53 million US dollar | -45.7% |
| 2001 | 48.72 million US dollar | -50.0% |
| 2002 | 118.02 million US dollar | +142.2% |
| 2003 | 320.33 million US dollar | +171.4% |
| 2004 | 379.60 million US dollar | +18.5% |
| 2005 | 334.22 million US dollar | -12.0% |
| 2006 | 581.22 million US dollar | +73.9% |
| 2007 | 312.66 million US dollar | -46.2% |
| 2008 | 1.72 billion US dollar | +449.7% |
| 2009 | 1.78 billion US dollar | +3.8% |
| 2010 | 3.65 billion US dollar | +104.6% |
| 2011 | 5.48 billion US dollar | +50.0% |
| 2012 | 877.91 million US dollar | -84.0% |
| 2013 | 368.48 million US dollar | -58.0% |
| 2014 | 278.76 million US dollar | -24.3% |
| 2015 | 1.00 billion US dollar | +259.3% |
| 2016 | 991.32 million US dollar | -1.0% |
| 2017 | 926.34 million US dollar | -6.6% |
| 2018 | 1.02 billion US dollar | +10.5% |
| 2019 | 1.74 billion US dollar | +69.5% |
| 2020 | 863.82 million US dollar | -50.2% |
| 2021 | 1.30 billion US dollar | +50.5% |
| 2022 | 2.88 billion US dollar | +121.2% |
| 2023 | 1.22 billion US dollar | -57.6% |
| 2024 | 445.64 million US dollar | -63.4% |
| 2025 | 579.90 million US dollar | +30.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 105.50 million US dollar | 98.00 million US dollar | 120.00 million US dollar | 4 |
| 1990s | 114.17 million US dollar | 36.71 million US dollar | 179.63 million US dollar | 10 |
| 2000s | 569.57 million US dollar | 48.72 million US dollar | 1.78 billion US dollar | 10 |
| 2010s | 1.63 billion US dollar | 278.76 million US dollar | 5.48 billion US dollar | 10 |
| 2020s | 1.21 billion US dollar | 445.64 million US dollar | 2.88 billion US dollar | 6 |
Countries ranked near Iceland
- 95 Namibia 674.72 million US dollar compare
- 96 Congo, Democratic Republic of the 669.96 million US dollar compare
- 97 Montenegro 630.36 million US dollar compare
- 99 Timor-Leste 551.82 million US dollar compare
- 100 Samoa 549.12 million US dollar compare
- 101 Madagascar 547.05 million US dollar 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 reserve assets, currency and deposits in Iceland?
- Reserve assets, currency and deposits in Iceland was 579.90 million US dollar in 2025, according to International Monetary Fund.
- What is the highest reserve assets, currency and deposits recorded in Iceland?
- The highest recorded value was 5.48 billion US dollar in 2011.
- What is the lowest reserve assets, currency and deposits recorded in Iceland?
- The lowest recorded value was 36.71 million US dollar in 1994.
- How does Iceland rank for reserve assets, currency and deposits?
- Iceland ranks 98th out of 156 countries with data for 2025.
- Is reserve assets, currency and deposits rising or falling in Iceland?
- Over the last ten years it is down 42.1%. 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 Reserve assets, Currency and deposits (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.
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About this data
The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.