24_International reserves (excluding gold), per unit of GDP in Iceland

Iceland: 24_International reserves (excluding gold), per unit of GDP was 0.1648 excluding gold per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.1648 excluding gold per US$ of GDP
Change on year
down 15.0%
World rank
76th
of 174 countries
All-time high
0.5097 excluding gold per US$ of GDP
in 2012
All-time low
0.0365 excluding gold per US$ of GDP
in 2002
Years of data
36
1990–2025

24_International reserves (excluding gold), per unit of GDP in Iceland, 1990–2025

00.10.20.30.40.51990200720251990: 0.05 excluding gold per US$ of GDP1991: 0.043 excluding gold per US$ of GDP1992: 0.069 excluding gold per US$ of GDP1993: 0.069 excluding gold per US$ of GDP1994: 0.083 excluding gold per US$ of GDP1995: 0.04 excluding gold per US$ of GDP1996: 0.044 excluding gold per US$ of GDP1997: 0.047 excluding gold per US$ of GDP1998: 0.043 excluding gold per US$ of GDP1999: 0.049 excluding gold per US$ of GDP2000: 0.046 excluding gold per US$ of GDP2001: 0.046 excluding gold per US$ of GDP2002: 0.036 excluding gold per US$ of GDP2003: 0.039 excluding gold per US$ of GDP2004: 0.064 excluding gold per US$ of GDP2005: 0.056 excluding gold per US$ of GDP2006: 0.062 excluding gold per US$ of GDP2007: 0.105 excluding gold per US$ of GDP2008: 0.154 excluding gold per US$ of GDP2009: 0.234 excluding gold per US$ of GDP2010: 0.269 excluding gold per US$ of GDP2011: 0.425 excluding gold per US$ of GDP2012: 0.51 excluding gold per US$ of GDP2013: 0.243 excluding gold per US$ of GDP2014: 0.226 excluding gold per US$ of GDP2015: 0.24 excluding gold per US$ of GDP2016: 0.278 excluding gold per US$ of GDP2017: 0.287 excluding gold per US$ of GDP2018: 0.246 excluding gold per US$ of GDP2019: 0.246 excluding gold per US$ of GDP2020: 0.299 excluding gold per US$ of GDP2021: 0.255 excluding gold per US$ of GDP2022: 0.231 excluding gold per US$ of GDP2023: 0.183 excluding gold per US$ of GDP2024: 0.194 excluding gold per US$ of GDP2025: 0.165 excluding gold per US$ of GDP

Source: Statizoid (derived). Measured in excluding gold per US$ of GDP.

Analysis

In 2025, 24_international reserves (excluding gold), per unit of gdp in Iceland stood at 0.1648 excluding gold per US$ of GDP.

The figure is down 15.0% on the previous year and down 31.2% over ten years.

Over the whole period, 24_international reserves (excluding gold), per unit of gdp in Iceland peaked at 0.5097 excluding gold per US$ of GDP in 2012 and was at its lowest, 0.0365 excluding gold per US$ of GDP, in 2002.

Iceland ranks 76th of 174 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.

24_International reserves (excluding gold), per unit of GDP in Iceland, year by year

Annual values for 24_International reserves (excluding gold), per unit of GDP in Iceland, 1990 to 2025.
Year excluding gold per US$ of GDP Change
1990 0.0504 excluding gold per US$ of GDP
1991 0.043 excluding gold per US$ of GDP -14.8%
1992 0.0692 excluding gold per US$ of GDP +61.0%
1993 0.0688 excluding gold per US$ of GDP -0.6%
1994 0.0826 excluding gold per US$ of GDP +19.9%
1995 0.0398 excluding gold per US$ of GDP -51.8%
1996 0.044 excluding gold per US$ of GDP +10.7%
1997 0.0472 excluding gold per US$ of GDP +7.2%
1998 0.0432 excluding gold per US$ of GDP -8.5%
1999 0.0491 excluding gold per US$ of GDP +13.7%
2000 0.0465 excluding gold per US$ of GDP -5.3%
2001 0.0456 excluding gold per US$ of GDP -1.9%
2002 0.0365 excluding gold per US$ of GDP -20.0%
2003 0.0388 excluding gold per US$ of GDP +6.4%
2004 0.0643 excluding gold per US$ of GDP +65.5%
2005 0.0557 excluding gold per US$ of GDP -13.3%
2006 0.0618 excluding gold per US$ of GDP +11.0%
2007 0.1053 excluding gold per US$ of GDP +70.2%
2008 0.1544 excluding gold per US$ of GDP +46.6%
2009 0.2337 excluding gold per US$ of GDP +51.4%
2010 0.2691 excluding gold per US$ of GDP +15.1%
2011 0.4251 excluding gold per US$ of GDP +58.0%
2012 0.5097 excluding gold per US$ of GDP +19.9%
2013 0.2432 excluding gold per US$ of GDP -52.3%
2014 0.2256 excluding gold per US$ of GDP -7.2%
2015 0.2397 excluding gold per US$ of GDP +6.2%
2016 0.2782 excluding gold per US$ of GDP +16.1%
2017 0.2872 excluding gold per US$ of GDP +3.2%
2018 0.2457 excluding gold per US$ of GDP -14.5%
2019 0.2463 excluding gold per US$ of GDP +0.2%
2020 0.2986 excluding gold per US$ of GDP +21.3%
2021 0.2545 excluding gold per US$ of GDP -14.8%
2022 0.2314 excluding gold per US$ of GDP -9.1%
2023 0.1832 excluding gold per US$ of GDP -20.8%
2024 0.1939 excluding gold per US$ of GDP +5.8%
2025 0.1648 excluding gold per US$ of GDP -15.0%

Iceland compared with similar countries

  • Iceland's 0.1648 excluding gold per US$ of GDP is above the median for high income countries, which is 0.1461 excluding gold per US$ of GDP, 1.1× the median. (62 countries reporting)
  • Iceland's 0.1648 excluding gold per US$ of GDP is above the median for Europe & Central Asia, which is 0.0942 excluding gold per US$ of GDP, 1.7× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0537 excluding gold per US$ of GDP 0.0398 excluding gold per US$ of GDP 0.0826 excluding gold per US$ of GDP 10
2000s 0.0843 excluding gold per US$ of GDP 0.0365 excluding gold per US$ of GDP 0.2337 excluding gold per US$ of GDP 10
2010s 0.297 excluding gold per US$ of GDP 0.2256 excluding gold per US$ of GDP 0.5097 excluding gold per US$ of GDP 10
2020s 0.2211 excluding gold per US$ of GDP 0.1648 excluding gold per US$ of GDP 0.2986 excluding gold per US$ of GDP 6

Countries ranked near Iceland

  1. 73 Mongolia 0.1691 excluding gold per US$ of GDP compare
  2. 74 Oman 0.1668 excluding gold per US$ of GDP compare
  3. 75 Norway 0.1661 excluding gold per US$ of GDP compare
  4. 77 Azerbaijan 0.1639 excluding gold per US$ of GDP compare
  5. 78 Russia 0.1631 excluding gold per US$ of GDP compare
  6. 79 Belize 0.1628 excluding gold per US$ of GDP compare

See the full ranking of 174 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is 24_international reserves (excluding gold), per unit of gdp in Iceland?
24_international reserves (excluding gold), per unit of gdp in Iceland was 0.1648 excluding gold per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest 24_international reserves (excluding gold), per unit of gdp recorded in Iceland?
The highest recorded value was 0.5097 excluding gold per US$ of GDP in 2012.
What is the lowest 24_international reserves (excluding gold), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.0365 excluding gold per US$ of GDP in 2002.
How does Iceland rank for 24_international reserves (excluding gold), per unit of gdp?
Iceland ranks 76th out of 174 countries with data for 2025.
Is 24_international reserves (excluding gold), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 31.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of 24_International reserves (excluding gold), per unit of GDP. Statizoid updates them automatically from the source API.

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24_International reserves (excluding gold), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/24-international-reserves-excluding-gold-per-unit-of-gdp/iceland/

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How this figure is calculated

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

24_International reserves (excluding gold) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
24_International reserves (excluding gold), per unit of GDP
Unit
excluding gold per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 5,955 data points, 1990–2025
Last refreshed

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.