Arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland

Iceland: Arrears (mortgage or rent, utility bills or hire purchase) from 2003 was 8.3 in 2020. ▼ Falling

Latest (2020)
8.3
Change on year
down 7.8%
World rank
18th
of 37 countries
All-time high
20.6
in 2011
All-time low
8.3
in 2020
Years of data
17
2004–2020

Arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland, 2004–2020

051015202004201220202004: 18.42005: 15.72006: 11.92007: 12.72008: 102009: 15.32010: 20.42011: 20.62012: 18.12013: 18.62014: 17.52015: 15.32016: 13.52017: 9.72018: 10.22019: 92020: 8.3

Source: Eurostat.

Analysis

Iceland recorded 8.3 for arrears (mortgage or rent, utility bills or hire purchase) from 2003 in 2020. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 7.8% on the previous year and down 59.3% over ten years.

Over the whole period, arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland peaked at 20.6 in 2011 and was at its lowest, 8.3, in 2020.

Iceland ranks 18th of 37 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14 10 18.4 6
2010s 15.29 9 20.6 10
2020s 8.3 8.3 8.3 1

Countries ranked near Iceland

  1. 15 United Kingdom 8.8 compare
  2. 16 Hungary 8.6 compare
  3. 17 Sweden 8.5 compare
  4. 18 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 8.3 compare
  5. 20 Croatia 8 compare
  6. 21 Luxembourg 7.8 compare

See the full ranking of 44 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland?
Arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland was 8.3 in 2020, according to Eurostat.
What is the highest arrears (mortgage or rent, utility bills or hire purchase) from 2003 recorded in Iceland?
The highest recorded value was 20.6 in 2011.
What is the lowest arrears (mortgage or rent, utility bills or hire purchase) from 2003 recorded in Iceland?
The lowest recorded value was 8.3 in 2020.
How does Iceland rank for arrears (mortgage or rent, utility bills or hire purchase) from 2003?
Iceland ranks 18th out of 37 countries with data for 2020.
Is arrears (mortgage or rent, utility bills or hire purchase) from 2003 rising or falling in Iceland?
Over the last ten years it is down 59.3%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Arrears (mortgage or rent, utility bills or hire purchase) from 2003 onwards. Statizoid updates them automatically from the source API.

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Arrears (mortgage or rent, utility bills or hire purchase) from 2003 in Iceland. Statizoid, drawing on Eurostat. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/arrears-mortgage-or-rent-utility-bills-or-hire-purchase-from-2003-onwards/iceland/

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About this data

Indicator
Arrears (mortgage or rent, utility bills or hire purchase) from 2003 onwards
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 817 data points, 2003–2025
Last refreshed