Financial soundness indicators in Iceland
Iceland: Financial soundness indicators was 2.3% in 2024. ▼ Falling
Financial soundness indicators in Iceland, 2014–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, financial soundness indicators in Iceland stood at 2.3%.
That represents a change of down 1.3% on the previous year and down 31.3% 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 64th out of 150 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Financial soundness indicators in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 3.3% | — |
| 2015 | 4.0% | +22.5% |
| 2016 | 2.4% | -41.2% |
| 2017 | 1.9% | -19.0% |
| 2018 | 1.5% | -21.4% |
| 2019 | 1.1% | -29.1% |
| 2020 | 0.9% | -12.1% |
| 2021 | 2.3% | +147.9% |
| 2022 | 2.1% | -11.2% |
| 2023 | 2.3% | +10.6% |
| 2024 | 2.3% | -1.3% |
Iceland compared with similar countries
- Iceland's 2.3% is above the median for high income countries, which is 1.4%, 1.6× the median. (57 countries reporting)
- Iceland's 2.3% is above the median for Europe & Central Asia, which is 1.8%, 1.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.4% | 1.1% | 4.0% | 6 |
| 2020s | 2.0% | 0.9% | 2.3% | 5 |
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 financial soundness indicators in Iceland?
- Financial soundness indicators in Iceland was 2.3% in 2024, 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 64th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Iceland?
- Over the last ten years it is down 31.3%. 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.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).