Iceland M2 Growth

Iceland Money Supply M2 increased 28.3 % YoY in Nov 2020, compared with a growth of 23.5 % in the previous month. Iceland Money Supply M2 growth data is updated monthly, available from Sep 1987 to Nov 2020. The data reached an all-time high of 88.3 % in Nov 2008 and a record low of -14.6 % in Jan 2013. CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Iceland provides M2 in local currency based on MFSMCG. M2 Growth prior to September 1994 is based on MFSM 2000.

In the latest reports, Iceland Foreign Exchange Reserves was measured at 6.1 USD bn in Nov 2020. The Foreign Exchange Reserves equaled 11.8 Months of Import in Oct 2020. Iceland Domestic Credit reached 26.2 USD bn in Nov 2020, representing an increased of 16.8 % YoY. The country's Non Performing Loans Ratio stood at 4.7 % in Dec 2018, compared with the ratio of 4.9 % in the previous year.

View Iceland's M2 Growth from Sep 1987 to Nov 2020 in the chart:

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What was Iceland's M2 Growth in Nov 2020?

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