Iceland IS: BOP: Reserves and Related Items

Iceland IS: BOP: Reserves and Related Items data was reported at -953.276 USD mn in 2017. This records a decrease from the previous number of 2.425 USD bn for 2016. Iceland IS: BOP: Reserves and Related Items data is updated yearly, averaging 35.064 USD mn from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 71.177 USD bn in 2015 and a record low of -14.743 USD bn in 2009. Iceland IS: BOP: Reserves and Related Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Balance of Payments: Capital and Financial Account. Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.

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What was Iceland's Iceland IS: BOP: Reserves and Related Items in 2016?

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