Financial soundness indicators in Iceland

Iceland: Financial soundness indicators was 2.3% in 2023. ▼ Falling

Latest (2023)
2.3%
Change on year
up 10.6%
World rank
56th
of 146 countries
All-time high
4.0%
in 2015
All-time low
0.9%
in 2020
Years of data
10
2014–2023

Financial soundness indicators in Iceland, 2014–2023

12342014201820232014: 3.3 %2015: 4 %2016: 2.4 %2017: 1.9 %2018: 1.5 %2019: 1.1 %2020: 0.94 %2021: 2.3 %2022: 2.1 %2023: 2.3 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

In 2023, financial soundness indicators in Iceland stood at 2.3%.

That represents a change of up 10.6% on the previous year and down 30.4% over ten years.

Over the whole period, financial soundness indicators in Iceland peaked at 4.0% in 2015 and was at its lowest, 0.9%, in 2020.

That places Iceland 56th out of 146 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.4% 1.1% 4.0% 6
2020s 1.9% 0.9% 2.3% 4

Countries ranked near Iceland

  1. 53 Hungary 2.4% compare
  2. 54 Paraguay 2.4% compare
  3. 55 Bulgaria 2.3% compare
  4. 57 Cyprus 2.3% compare
  5. 58 North Macedonia 2.2% compare
  6. 59 Lithuania 2.2% compare

See the full ranking of 146 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is financial soundness indicators in Iceland?
Financial soundness indicators in Iceland was 2.3% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Iceland?
The highest recorded value was 4.0% in 2015.
What is the lowest financial soundness indicators recorded in Iceland?
The lowest recorded value was 0.9% in 2020.
How does Iceland rank for financial soundness indicators?
Iceland ranks 56th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Iceland?
Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)