Balance sheet and income statement of insurance companies — Assets in Iceland
Iceland: Balance sheet and income statement of insurance companies — Assets was 1,741 Euro in 2024. ◆ Volatile
Balance sheet and income statement of insurance companies — Assets in Iceland, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for balance sheet and income statement of insurance companies — assets in Iceland is 1,741 Euro, measured in 2024.
That represents a change of up 28.0% on the previous year and up 62.2% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — assets in Iceland peaked at 5,637 Euro in 2009 and was at its lowest, 878.29 Euro, in 2010.
Iceland ranks 43rd of 48 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Balance sheet and income statement of insurance companies — Assets in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 5,637 Euro | — |
| 2010 | 878.29 Euro | -84.4% |
| 2011 | 912.58 Euro | +3.9% |
| 2012 | 1,160 Euro | +27.1% |
| 2013 | 1,022 Euro | -11.9% |
| 2014 | 1,074 Euro | +5.0% |
| 2015 | 1,168 Euro | +8.8% |
| 2016 | 1,229 Euro | +5.2% |
| 2017 | 1,209 Euro | -1.6% |
| 2018 | 1,154 Euro | -4.6% |
| 2019 | 1,130 Euro | -2.1% |
| 2020 | 1,248 Euro | +10.5% |
| 2021 | 1,430 Euro | +14.6% |
| 2022 | 1,360 Euro | -4.9% |
| 2024 | 1,741 Euro | +28.0% |
Iceland compared with similar countries
- Iceland's 1,741 Euro is below the median for high income countries, which is 238,797 Euro, 1% of the median. (31 countries reporting)
- Iceland's 1,741 Euro is below the median for Europe & Central Asia, which is 325,948 Euro, 1% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Balance sheet and income statement of insurance companies — Assets in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -84.4% | 5,637 Euro | 878.29 Euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,637 Euro | 5,637 Euro | 5,637 Euro | 1 |
| 2010s | 1,094 Euro | 878.29 Euro | 1,229 Euro | 10 |
| 2020s | 1,445 Euro | 1,248 Euro | 1,741 Euro | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is balance sheet and income statement of insurance companies — assets in Iceland?
- Balance sheet and income statement of insurance companies — assets in Iceland was 1,741 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balance sheet and income statement of insurance companies — assets recorded in Iceland?
- The highest recorded value was 5,637 Euro in 2009.
- What is the lowest balance sheet and income statement of insurance companies — assets recorded in Iceland?
- The lowest recorded value was 878.29 Euro in 2010.
- How does Iceland rank for balance sheet and income statement of insurance companies — assets?
- Iceland ranks 43rd out of 48 countries with data for 2024.
- Is balance sheet and income statement of insurance companies — assets rising or falling in Iceland?
- Over the last ten years it is up 62.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balance sheet and income statement of insurance companies — Assets. Statizoid updates them automatically from the source API.
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About this data
This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.