Annual broad money growth in Iceland
Iceland: Annual broad money growth was 11.7% in 2024. ◆ Volatile
Annual broad money growth in Iceland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual broad money growth in Iceland stood at 11.7%.
Compared with earlier readings it is up 40.5% on the previous year and up 101.9% over ten years.
Over the whole period, annual broad money growth in Iceland peaked at 60.1% in 2006 and was at its lowest, -10.0%, in 2010.
That places Iceland 46th out of 147 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.7% | — |
| 2001 | 15.2% | +41.2% |
| 2002 | 14.7% | -2.8% |
| 2003 | 22.4% | +51.7% |
| 2004 | 16.4% | -26.9% |
| 2005 | 26.2% | +60.2% |
| 2006 | 60.1% | +129.4% |
| 2007 | 5.9% | -90.3% |
| 2008 | 32.1% | +448.1% |
| 2009 | 2.5% | -92.3% |
| 2010 | -10.0% | -505.6% |
| 2011 | 5.7% | -156.8% |
| 2012 | -4.6% | -180.3% |
| 2013 | 4.7% | -201.9% |
| 2014 | 5.8% | +24.3% |
| 2015 | 5.6% | -3.7% |
| 2016 | -4.6% | -183.2% |
| 2017 | 5.0% | -208.6% |
| 2018 | 7.0% | +38.9% |
| 2019 | 6.6% | -5.7% |
| 2020 | 7.4% | +11.7% |
| 2021 | 10.9% | +47.5% |
| 2022 | 8.9% | -18.4% |
| 2023 | 8.3% | -6.2% |
| 2024 | 11.7% | +40.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.6% | 2.5% | 60.1% | 10 |
| 2010s | 2.1% | -10.0% | 7.0% | 10 |
| 2020s | 9.4% | 7.4% | 11.7% | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8994 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 88,429 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual broad money growth in Iceland?
- Annual broad money growth in Iceland was 11.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in Iceland?
- The highest recorded value was 60.1% in 2006.
- What is the lowest annual broad money growth recorded in Iceland?
- The lowest recorded value was -10.0% in 2010.
- How does Iceland rank for annual broad money growth?
- Iceland ranks 46th out of 147 countries with data for 2024.
- Is annual broad money growth rising or falling in Iceland?
- Over the last ten years it is up 101.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
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