Total reserves minus gold in Iceland
Iceland: Total reserves minus gold was 7.45 billion current US$ in 2025. ◆ Volatile
Total reserves minus gold in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for total reserves minus gold in Iceland is 7.45 billion current US$, measured in 2025.
That represents a change of up 19.5% on the previous year and up 49.9% over ten years.
Over the whole period, total reserves minus gold in Iceland peaked at 8.45 billion current US$ in 2011 and was at its lowest, 11.30 million current US$, in 1960.
That places Iceland 87th out of 182 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 11.30 million current US$ | — |
| 1961 | 22.90 million current US$ | +102.7% |
| 1962 | 30.90 million current US$ | +34.9% |
| 1963 | 33.49 million current US$ | +8.4% |
| 1964 | 42.80 million current US$ | +27.8% |
| 1965 | 52.90 million current US$ | +23.6% |
| 1966 | 57.03 million current US$ | +7.8% |
| 1967 | 34.24 million current US$ | -40.0% |
| 1968 | 26.74 million current US$ | -21.9% |
| 1969 | 37.50 million current US$ | +40.2% |
| 1970 | 52.72 million current US$ | +40.6% |
| 1971 | 68.85 million current US$ | +30.6% |
| 1972 | 83.05 million current US$ | +20.6% |
| 1973 | 98.40 million current US$ | +18.5% |
| 1974 | 47.25 million current US$ | -52.0% |
| 1975 | 45.60 million current US$ | -3.5% |
| 1976 | 79.38 million current US$ | +74.1% |
| 1977 | 98.34 million current US$ | +23.9% |
| 1978 | 135.83 million current US$ | +38.1% |
| 1979 | 161.94 million current US$ | +19.2% |
| 1980 | 173.81 million current US$ | +7.3% |
| 1981 | 229.53 million current US$ | +32.1% |
| 1982 | 145.17 million current US$ | -36.8% |
| 1983 | 149.29 million current US$ | +2.8% |
| 1984 | 127.60 million current US$ | -14.5% |
| 1985 | 205.54 million current US$ | +61.1% |
| 1986 | 309.84 million current US$ | +50.7% |
| 1987 | 311.31 million current US$ | +0.5% |
| 1988 | 290.74 million current US$ | -6.6% |
| 1989 | 337.32 million current US$ | +16.0% |
| 1990 | 436.12 million current US$ | +29.3% |
| 1991 | 449.45 million current US$ | +3.1% |
| 1992 | 498.32 million current US$ | +10.9% |
| 1993 | 426.44 million current US$ | -14.4% |
| 1994 | 292.91 million current US$ | -31.3% |
| 1995 | 308.11 million current US$ | +5.2% |
| 1996 | 453.73 million current US$ | +47.3% |
| 1997 | 383.67 million current US$ | -15.4% |
| 1998 | 426.40 million current US$ | +11.1% |
| 1999 | 478.42 million current US$ | +12.2% |
| 2000 | 388.88 million current US$ | -18.7% |
| 2001 | 338.23 million current US$ | -13.0% |
| 2002 | 440.11 million current US$ | +30.1% |
| 2003 | 792.26 million current US$ | +80.0% |
| 2004 | 1.05 billion current US$ | +32.1% |
| 2005 | 1.04 billion current US$ | -1.0% |
| 2006 | 2.30 billion current US$ | +122.2% |
| 2007 | 2.58 billion current US$ | +12.1% |
| 2008 | 3.52 billion current US$ | +36.3% |
| 2009 | 3.81 billion current US$ | +8.5% |
| 2010 | 5.70 billion current US$ | +49.5% |
| 2011 | 8.45 billion current US$ | +48.3% |
| 2012 | 4.09 billion current US$ | -51.7% |
| 2013 | 4.16 billion current US$ | +1.8% |
| 2014 | 4.10 billion current US$ | -1.5% |
| 2015 | 4.97 billion current US$ | +21.3% |
| 2016 | 7.15 billion current US$ | +43.8% |
| 2017 | 6.48 billion current US$ | -9.4% |
| 2018 | 6.24 billion current US$ | -3.8% |
| 2019 | 6.69 billion current US$ | +7.1% |
| 2020 | 6.30 billion current US$ | -5.8% |
| 2021 | 6.96 billion current US$ | +10.5% |
| 2022 | 5.77 billion current US$ | -17.1% |
| 2023 | 5.68 billion current US$ | -1.6% |
| 2024 | 6.24 billion current US$ | +9.9% |
| 2025 | 7.45 billion current US$ | +19.5% |
Iceland compared with similar countries
- Iceland's 7.45 billion current US$ is below the median for high income countries, which is 24.46 billion current US$, 30% of the median. (63 countries reporting)
- Iceland's 7.45 billion current US$ is below the median for Europe & Central Asia, which is 13.63 billion current US$, 55% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.98 million current US$ | 11.30 million current US$ | 57.03 million current US$ | 10 |
| 1970s | 87.14 million current US$ | 45.60 million current US$ | 161.94 million current US$ | 10 |
| 1980s | 228.02 million current US$ | 127.60 million current US$ | 337.32 million current US$ | 10 |
| 1990s | 415.36 million current US$ | 292.91 million current US$ | 498.32 million current US$ | 10 |
| 2000s | 1.62 billion current US$ | 338.23 million current US$ | 3.81 billion current US$ | 10 |
| 2010s | 5.80 billion current US$ | 4.09 billion current US$ | 8.45 billion current US$ | 10 |
| 2020s | 6.40 billion current US$ | 5.68 billion current US$ | 7.45 billion current US$ | 6 |
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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in Iceland?
- Total reserves minus gold in Iceland was 7.45 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Iceland?
- The highest recorded value was 8.45 billion current US$ in 2011.
- What is the lowest total reserves minus gold recorded in Iceland?
- The lowest recorded value was 11.30 million current US$ in 1960.
- How does Iceland rank for total reserves minus gold?
- Iceland ranks 87th out of 182 countries with data for 2025.
- Is total reserves minus gold rising or falling in Iceland?
- Over the last ten years it is up 49.9%. 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 minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.