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 38 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

02.557.51012.52004201220202004: 11 Percentage2005: 9.4 Percentage2006: 6.3 Percentage2007: 6 Percentage2008: 5.5 Percentage2009: 7.5 Percentage2010: 11.2 Percentage2011: 10.9 Percentage2012: 10.7 Percentage2013: 12 Percentage2014: 9.9 Percentage2015: 9 Percentage2016: 7.6 Percentage2017: 5.3 Percentage2018: 4.6 Percentage2019: 4.6 Percentage2020: 4.9 Percentage

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 38 countries with data for 2020, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 2 Ireland 5.3% compare
  2. 3 Spain 5.2% compare
  3. 4 Finland 5.0% compare
  4. 5 France 4.9% compare
  5. 5 United Kingdom 4.9% compare
  6. 8 Austria 4.5% compare
  7. 8 Cyprus 4.5% compare
  8. 8 Türkiye 4.5% compare

See the full ranking of 45 places →

More reference data data for Iceland

All data for Iceland →

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 38 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).

About this data

Indicator
Arrears on mortgage or rent payments
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 832 data points, 2003–2025
Last refreshed