Arrears on mortgage or rent payments in Iceland
Iceland: Arrears on mortgage or rent payments was 4.9% in 2020. ▼ Falling
Latest (2020)
4.9%
Change on year
up 6.5%
World rank
5th
of 47 countries
All-time high
12.0%
in 2013
All-time low
4.6%
in 2018
Years of data
17
2004–2020
Arrears on mortgage or rent payments in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
In 2020, arrears on mortgage or rent payments in Iceland stood at 4.9%.
The figure is up 6.5% on the previous year and down 56.2% over ten years.
Over the whole period, arrears on mortgage or rent payments in Iceland peaked at 12.0% in 2013 and was at its lowest, 4.6%, in 2018.
That places Iceland 5th out of 47 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Arrears on mortgage or rent payments in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 11.0% | — |
| 2005 | 9.4% | -14.5% |
| 2006 | 6.3% | -33.0% |
| 2007 | 6.0% | -4.8% |
| 2008 | 5.5% | -8.3% |
| 2009 | 7.5% | +36.4% |
| 2010 | 11.2% | +49.3% |
| 2011 | 10.9% | -2.7% |
| 2012 | 10.7% | -1.8% |
| 2013 | 12.0% | +12.1% |
| 2014 | 9.9% | -17.5% |
| 2015 | 9.0% | -9.1% |
| 2016 | 7.6% | -15.6% |
| 2017 | 5.3% | -30.3% |
| 2018 | 4.6% | -13.2% |
| 2019 | 4.6% | +0.0% |
| 2020 | 4.9% | +6.5% |
Iceland compared with similar countries
- Iceland's 4.9% is above the median for Europe & Central Asia, which is 2.0%, 2.5× the median. (34 countries reporting)
- Iceland's 4.9% is above the median for high income countries, which is 2.1%, 2.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 5.5% | 11.0% | 6 |
| 2010s | 8.6% | 4.6% | 12.0% | 10 |
| 2020s | 4.9% | 4.9% | 4.9% | 1 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is arrears on mortgage or rent payments in Iceland?
- Arrears on mortgage or rent payments in Iceland was 4.9% in 2020, according to Eurostat.
- What is the highest arrears on mortgage or rent payments recorded in Iceland?
- The highest recorded value was 12.0% in 2013.
- What is the lowest arrears on mortgage or rent payments recorded in Iceland?
- The lowest recorded value was 4.6% in 2018.
- How does Iceland rank for arrears on mortgage or rent payments?
- Iceland ranks 5th out of 47 countries with data for 2020.
- Is arrears on mortgage or rent payments rising or falling in Iceland?
- Over the last ten years it is down 56.2%. 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 on mortgage or rent payments. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).