Annual broad money growth in Iceland
Iceland: Annual broad money growth was 8.32 in 2023. ◆ Volatile
Latest (2023)
8.32
Change on year
down 6.2%
World rank
80th
of 163 countries
All-time high
60.12
in 2006
All-time low
-10.02
in 2010
Years of data
24
2000–2023
Annual broad money growth in Iceland, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual broad money growth in Iceland is 8.32, measured in 2023.
Compared with earlier readings it is down 6.2% on the previous year and up 78.9% over ten years.
Over the whole period, annual broad money growth in Iceland peaked at 60.12 in 2006 and was at its lowest, -10.02, in 2010.
Iceland ranks 80th of 163 countries on this measure, 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 | 10.74 | — |
| 2001 | 15.16 | +41.2% |
| 2002 | 14.74 | -2.8% |
| 2003 | 22.37 | +51.8% |
| 2004 | 16.35 | -26.9% |
| 2005 | 26.21 | +60.3% |
| 2006 | 60.12 | +129.4% |
| 2007 | 5.85 | -90.3% |
| 2008 | 32.09 | +448.5% |
| 2009 | 2.47 | -92.3% |
| 2010 | -10.02 | -505.7% |
| 2011 | 5.69 | -156.8% |
| 2012 | -4.57 | -180.3% |
| 2013 | 4.65 | -201.8% |
| 2014 | 5.79 | +24.5% |
| 2015 | 5.57 | -3.8% |
| 2016 | -4.64 | -183.3% |
| 2017 | 5.03 | -208.4% |
| 2018 | 6.99 | +39.0% |
| 2019 | 6.59 | -5.7% |
| 2020 | 7.37 | +11.8% |
| 2021 | 10.87 | +47.5% |
| 2022 | 8.87 | -18.4% |
| 2023 | 8.32 | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.61 | 2.47 | 60.12 | 10 |
| 2010s | 2.11 | -10.02 | 6.99 | 10 |
| 2020s | 8.86 | 7.37 | 10.87 | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 7.13 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
Frequently asked questions
- What is annual broad money growth in Iceland?
- Annual broad money growth in Iceland was 8.32 in 2023, according to Our World in Data.
- What is the highest annual broad money growth recorded in Iceland?
- The highest recorded value was 60.12 in 2006.
- What is the lowest annual broad money growth recorded in Iceland?
- The lowest recorded value was -10.02 in 2010.
- How does Iceland rank for annual broad money growth?
- Iceland ranks 80th out of 163 countries with data for 2023.
- Is annual broad money growth rising or falling in Iceland?
- Over the last ten years it is up 78.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).