Iceland IS: Domestic Credit: to Private Sector: % of GDP

1960 - 2016 | Yearly | % | World Bank

Iceland IS: Domestic Credit: to Private Sector: % of GDP data was reported at 89.796 % in 2017. This records an increase from the previous number of 86.217 % for 2016. Iceland IS: Domestic Credit: to Private Sector: % of GDP data is updated yearly, averaging 44.192 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 312.027 % in 2006 and a record low of 24.601 % in 1978. Iceland IS: Domestic Credit: to Private Sector: % of GDP 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: Bank Loans. Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

View Iceland's Iceland IS: Domestic Credit: to Private Sector: % of GDP from 1960 to 2016 in the chart:

Iceland Iceland IS: Domestic Credit: to Private Sector: % of GDP

What was Iceland's Iceland IS: Domestic Credit: to Private Sector: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
86.22 2016 90.19 2015 24.04 1978 312.12 2006 % yearly 1960 - 2016

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Iceland Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 89,119.494 2030 yearly 1980 - 2030
Forecast: Nominal GDP Per Capita (USD) 134,167.519 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 2.397 2030 yearly 1980 - 2030
GDP Deflator Growth (%) 7.1 Sep 2025 quarterly Mar 1996 - Sep 2025
GDP per Capita (USD) 86,472.856 2024 yearly 1960 - 2024
Gross Fixed Capital Formation (USD mn) 2,610.127 Sep 2025 quarterly Mar 1995 - Sep 2025
Gross National Product (GNP) (USD mn) 33,101.572 2024 yearly 1960 - 2024
Gross Savings Rate (%) 29.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Investment: % of GDP (%) 26.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP (USD mn) 10,118.7 Sep 2025 quarterly Mar 1995 - Sep 2025
Nominal GDP Growth (%) 7.308 Sep 2025 quarterly Mar 1996 - Sep 2025
Private Consumption Expenditure (USD mn) 5,067.583 Sep 2025 quarterly Mar 1995 - Sep 2025
Private Consumption: % of GDP (%) 45.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption Expenditure (USD mn) 2,668.956 Sep 2025 quarterly Mar 1995 - Sep 2025
Public Consumption: % of GDP (%) 25.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Real GDP Growth (%) 0.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 83.000 Sep 2025 quarterly Mar 1995 - Sep 2025
Production Last Frequency Range
Industrial Production Index Growth (%) 11.7 2018 yearly 2008 - 2018
Minerals Production (Metric Ton) 757,904.000 2023 yearly 2009 - 2023
Construction and Properties Last Frequency Range
House Prices Growth (%) 3.2 Nov 2025 monthly Mar 2001 - Nov 2025
Nominal Residential Property Price Index (2010=100) 368.076 Sep 2025 quarterly Mar 2000 - Sep 2025
Nominal Residential Property Price Index Growth (%) 2.827 Sep 2025 quarterly Mar 2000 - Sep 2025
Real Residential Property Price Index (2010=100) 204.141 Jun 2025 quarterly Mar 2000 - Jun 2025
Real Residential Property Price Index Growth (%) 1.740 Jun 2025 quarterly Mar 2000 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Forecast: Government Expenditure (ISK bn) 2,773.605 2030 yearly 1980 - 2030
Forecast: Government Net Debt (ISK bn) 2,445.114 2030 yearly 1982 - 2030
Forecast: Government Revenue (ISK bn) 2,770.902 2030 yearly 1980 - 2030
Government Debt: % of GDP (%) 60.3 2024 yearly 1998 - 2024
National Government Debt (USD mn) 20,025.7 2024 yearly 1998 - 2024
Tax Revenue (USD mn) 3,494.168 Sep 2025 quarterly Mar 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -121.031 Sep 2025 quarterly Mar 2002 - Sep 2025
Tax Revenue: % of GDP (%) 33.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 225,700.000 Nov 2025 monthly Jan 2003 - Nov 2025
Forecast: Employment (Person mn) 0.224 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 0.433 2030 yearly 1980 - 2030
Forecast: Unemployment Rate (%) 4.000 2030 yearly 1980 - 2030
Labour Force Participation Rate (%) 79.8 Dec 2024 monthly Jan 2003 - Dec 2024
Labour Productivity Growth (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
Monthly Earnings (USD) 7,307 2024 yearly 1998 - 2024
Population (Person mn) 0.4 2024 yearly 1732 - 2024
Unemployment Rate (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024

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