Total reserves in Iceland
Iceland: Total reserves was 7.73 billion includes gold, current US$ in 2025. ◆ Volatile
Total reserves in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
The most recent figure for total reserves in Iceland is 7.73 billion includes gold, current US$, measured in 2025.
Compared with earlier readings it is up 20.8% on the previous year and up 53.4% over ten years.
Over the whole period, total reserves in Iceland peaked at 8.55 billion includes gold, current US$ in 2011 and was at its lowest, 12.33 million includes gold, current US$, in 1960.
Iceland ranks 90th of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Iceland, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1960 | 12.33 million includes gold, current US$ | — |
| 1961 | 23.92 million includes gold, current US$ | +94.0% |
| 1962 | 31.92 million includes gold, current US$ | +33.4% |
| 1963 | 34.51 million includes gold, current US$ | +8.1% |
| 1964 | 43.82 million includes gold, current US$ | +27.0% |
| 1965 | 53.92 million includes gold, current US$ | +23.0% |
| 1966 | 58.05 million includes gold, current US$ | +7.7% |
| 1967 | 35.26 million includes gold, current US$ | -39.3% |
| 1968 | 27.96 million includes gold, current US$ | -20.7% |
| 1969 | 38.52 million includes gold, current US$ | +37.8% |
| 1970 | 53.80 million includes gold, current US$ | +39.7% |
| 1971 | 70.11 million includes gold, current US$ | +30.3% |
| 1972 | 84.93 million includes gold, current US$ | +21.1% |
| 1973 | 101.65 million includes gold, current US$ | +19.7% |
| 1974 | 52.85 million includes gold, current US$ | -48.0% |
| 1975 | 49.80 million includes gold, current US$ | -5.8% |
| 1976 | 83.42 million includes gold, current US$ | +67.5% |
| 1977 | 104.78 million includes gold, current US$ | +25.6% |
| 1978 | 145.78 million includes gold, current US$ | +39.1% |
| 1979 | 187.03 million includes gold, current US$ | +28.3% |
| 1980 | 202.70 million includes gold, current US$ | +8.4% |
| 1981 | 249.00 million includes gold, current US$ | +22.8% |
| 1982 | 167.56 million includes gold, current US$ | -32.7% |
| 1983 | 167.98 million includes gold, current US$ | +0.3% |
| 1984 | 142.71 million includes gold, current US$ | -15.0% |
| 1985 | 221.57 million includes gold, current US$ | +55.3% |
| 1986 | 328.99 million includes gold, current US$ | +48.5% |
| 1987 | 335.03 million includes gold, current US$ | +1.8% |
| 1988 | 310.84 million includes gold, current US$ | -7.2% |
| 1989 | 356.97 million includes gold, current US$ | +14.8% |
| 1990 | 454.98 million includes gold, current US$ | +27.5% |
| 1991 | 466.78 million includes gold, current US$ | +2.6% |
| 1992 | 514.65 million includes gold, current US$ | +10.3% |
| 1993 | 445.58 million includes gold, current US$ | -13.4% |
| 1994 | 311.69 million includes gold, current US$ | -30.0% |
| 1995 | 327.06 million includes gold, current US$ | +4.9% |
| 1996 | 471.82 million includes gold, current US$ | +44.3% |
| 1997 | 397.89 million includes gold, current US$ | -15.7% |
| 1998 | 442.51 million includes gold, current US$ | +11.2% |
| 1999 | 494.67 million includes gold, current US$ | +11.8% |
| 2000 | 405.07 million includes gold, current US$ | -18.1% |
| 2001 | 355.38 million includes gold, current US$ | -12.3% |
| 2002 | 461.53 million includes gold, current US$ | +29.9% |
| 2003 | 818.64 million includes gold, current US$ | +77.4% |
| 2004 | 1.07 billion includes gold, current US$ | +31.2% |
| 2005 | 1.07 billion includes gold, current US$ | -0.5% |
| 2006 | 2.34 billion includes gold, current US$ | +119.2% |
| 2007 | 2.63 billion includes gold, current US$ | +12.4% |
| 2008 | 3.57 billion includes gold, current US$ | +35.7% |
| 2009 | 3.88 billion includes gold, current US$ | +8.7% |
| 2010 | 5.79 billion includes gold, current US$ | +49.1% |
| 2011 | 8.55 billion includes gold, current US$ | +47.7% |
| 2012 | 4.19 billion includes gold, current US$ | -51.0% |
| 2013 | 4.24 billion includes gold, current US$ | +1.1% |
| 2014 | 4.18 billion includes gold, current US$ | -1.4% |
| 2015 | 5.04 billion includes gold, current US$ | +20.7% |
| 2016 | 7.23 billion includes gold, current US$ | +43.3% |
| 2017 | 6.57 billion includes gold, current US$ | -9.1% |
| 2018 | 6.32 billion includes gold, current US$ | -3.7% |
| 2019 | 6.78 billion includes gold, current US$ | +7.3% |
| 2020 | 6.42 billion includes gold, current US$ | -5.4% |
| 2021 | 7.08 billion includes gold, current US$ | +10.3% |
| 2022 | 5.89 billion includes gold, current US$ | -16.8% |
| 2023 | 5.81 billion includes gold, current US$ | -1.3% |
| 2024 | 6.40 billion includes gold, current US$ | +10.2% |
| 2025 | 7.73 billion includes gold, current US$ | +20.8% |
Iceland compared with similar countries
- Iceland's 7.73 billion includes gold, current US$ is below the median for high income countries, which is 47.15 billion includes gold, current US$, 16% of the median. (63 countries reporting)
- Iceland's 7.73 billion includes gold, current US$ is below the median for Europe & Central Asia, which is 23.25 billion includes gold, current US$, 33% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.02 million includes gold, current US$ | 12.33 million includes gold, current US$ | 58.05 million includes gold, current US$ | 10 |
| 1970s | 93.41 million includes gold, current US$ | 49.80 million includes gold, current US$ | 187.03 million includes gold, current US$ | 10 |
| 1980s | 248.34 million includes gold, current US$ | 142.71 million includes gold, current US$ | 356.97 million includes gold, current US$ | 10 |
| 1990s | 432.76 million includes gold, current US$ | 311.69 million includes gold, current US$ | 514.65 million includes gold, current US$ | 10 |
| 2000s | 1.66 billion includes gold, current US$ | 355.38 million includes gold, current US$ | 3.88 billion includes gold, current US$ | 10 |
| 2010s | 5.89 billion includes gold, current US$ | 4.18 billion includes gold, current US$ | 8.55 billion includes gold, current US$ | 10 |
| 2020s | 6.55 billion includes gold, current US$ | 5.81 billion includes gold, current US$ | 7.73 billion includes gold, current US$ | 6 |
Countries ranked near Iceland
- 87 Myanmar 9.34 billion includes gold, current US$ compare
- 88 Albania 8.60 billion includes gold, current US$ compare
- 89 Nicaragua 8.32 billion includes gold, current US$ compare
- 91 Iran 7.69 billion includes gold, current US$ compare
- 92 Lithuania 7.06 billion includes gold, current US$ compare
- 93 Mongolia 7.00 billion includes gold, current US$ compare
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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is total reserves in Iceland?
- Total reserves in Iceland was 7.73 billion includes gold, current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Iceland?
- The highest recorded value was 8.55 billion includes gold, current US$ in 2011.
- What is the lowest total reserves recorded in Iceland?
- The lowest recorded value was 12.33 million includes gold, current US$ in 1960.
- How does Iceland rank for total reserves?
- Iceland ranks 90th out of 182 countries with data for 2025.
- Is total reserves rising or falling in Iceland?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.