Total current account credit/revenue, Credit/Revenue in Iceland
Iceland: Total current account credit/revenue, Credit/Revenue was 15.82 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Iceland, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Iceland is 15.82 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 52.6% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Iceland peaked at 15.82 billion in 2024 and was at its lowest, 6.69 billion, in 2005.
That places Iceland 106th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.69 billion | — |
| 2006 | 8.08 billion | +20.9% |
| 2007 | 12.01 billion | +48.6% |
| 2008 | 9.41 billion | -21.7% |
| 2009 | 7.33 billion | -22.1% |
| 2010 | 7.81 billion | +6.6% |
| 2011 | 9.79 billion | +25.3% |
| 2012 | 9.18 billion | -6.2% |
| 2013 | 9.88 billion | +7.7% |
| 2014 | 10.36 billion | +4.9% |
| 2015 | 10.24 billion | -1.2% |
| 2016 | 11.52 billion | +12.5% |
| 2017 | 12.75 billion | +10.6% |
| 2018 | 13.66 billion | +7.2% |
| 2019 | 12.37 billion | -9.4% |
| 2020 | 8.55 billion | -30.9% |
| 2021 | 10.83 billion | +26.7% |
| 2022 | 14.63 billion | +35.1% |
| 2023 | 15.59 billion | +6.5% |
| 2024 | 15.82 billion | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.70 billion | 6.69 billion | 12.01 billion | 5 |
| 2010s | 10.76 billion | 7.81 billion | 13.66 billion | 10 |
| 2020s | 13.08 billion | 8.55 billion | 15.82 billion | 5 |
Countries ranked near Iceland
- 103 Tanzania, United Republic of 17.46 billion compare
- 104 Bosnia and Herzegovina 16.80 billion compare
- 105 Nepal 16.39 billion compare
- 107 Guyana 15.25 billion compare
- 108 Papua New Guinea 13.94 billion compare
- 109 Zambia 13.89 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 total current account credit/revenue, credit/revenue in Iceland?
- Total current account credit/revenue, credit/revenue in Iceland was 15.82 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Iceland?
- The highest recorded value was 15.82 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Iceland?
- The lowest recorded value was 6.69 billion in 2005.
- How does Iceland rank for total current account credit/revenue, credit/revenue?
- Iceland ranks 106th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Iceland?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.