Foreign assets in Iceland

Iceland: Foreign assets was 34.22 billion real chained 2019 US$ in 2020. ◆ Volatile

Latest (2020)
34.22 billion real chained 2019 US$
Change on year
up 7.0%
World rank
76th
of 149 countries
All-time high
198.53 billion real chained 2019 US$
in 2007
All-time low
2.59 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Foreign assets in Iceland, 1995–2020

050.0B100.0B150.0B200.0B1995200720201995: 2.6B real chained 2019 US$1996: 3.5B real chained 2019 US$1997: 4.2B real chained 2019 US$1998: 5.8B real chained 2019 US$1999: 8.7B real chained 2019 US$2000: 9.1B real chained 2019 US$2001: 9.0B real chained 2019 US$2002: 11.1B real chained 2019 US$2003: 21.0B real chained 2019 US$2004: 39.5B real chained 2019 US$2005: 78.1B real chained 2019 US$2006: 120.8B real chained 2019 US$2007: 198.5B real chained 2019 US$2008: 61.5B real chained 2019 US$2009: 52.0B real chained 2019 US$2010: 48.8B real chained 2019 US$2011: 47.2B real chained 2019 US$2012: 46.8B real chained 2019 US$2013: 53.4B real chained 2019 US$2014: 45.7B real chained 2019 US$2015: 41.5B real chained 2019 US$2016: 37.6B real chained 2019 US$2017: 30.8B real chained 2019 US$2018: 30.0B real chained 2019 US$2019: 32.0B real chained 2019 US$2020: 34.2B real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

In 2020, foreign assets in Iceland stood at 34.22 billion real chained 2019 US$.

Compared with earlier readings it is up 7.0% on the previous year and down 29.8% over ten years.

Over the whole period, foreign assets in Iceland peaked at 198.53 billion real chained 2019 US$ in 2007 and was at its lowest, 2.59 billion real chained 2019 US$, in 1995.

That places Iceland 76th out of 149 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.96 billion real chained 2019 US$ 2.59 billion real chained 2019 US$ 8.70 billion real chained 2019 US$ 5
2000s 60.05 billion real chained 2019 US$ 8.96 billion real chained 2019 US$ 198.53 billion real chained 2019 US$ 10
2010s 41.38 billion real chained 2019 US$ 29.98 billion real chained 2019 US$ 53.44 billion real chained 2019 US$ 10
2020s 34.22 billion real chained 2019 US$ 34.22 billion real chained 2019 US$ 34.22 billion real chained 2019 US$ 1

Countries ranked near Iceland

  1. 73 Lebanon 39.80 billion real chained 2019 US$ compare
  2. 74 Costa Rica 36.30 billion real chained 2019 US$ compare
  3. 75 Angola 34.30 billion real chained 2019 US$ compare
  4. 77 Serbia 32.40 billion real chained 2019 US$ compare
  5. 78 Cambodia 31.13 billion real chained 2019 US$ compare
  6. 79 Guatemala 30.63 billion real chained 2019 US$ compare

See the full ranking of 150 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is foreign assets in Iceland?
Foreign assets in Iceland was 34.22 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest foreign assets recorded in Iceland?
The highest recorded value was 198.53 billion real chained 2019 US$ in 2007.
What is the lowest foreign assets recorded in Iceland?
The lowest recorded value was 2.59 billion real chained 2019 US$ in 1995.
How does Iceland rank for foreign assets?
Iceland ranks 76th out of 149 countries with data for 2020.
Is foreign assets rising or falling in Iceland?
Over the last ten years it is down 29.8%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Foreign assets (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed

Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.