Iceland - Broad money
Broad money (current LCU)
The value for Broad money (current LCU) in Iceland was 2,113,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,113,000,000,000 in 2020 and a minimum value of 32,930,000 in 1960.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files.
| Year | Value |
|---|---|
| 1960 | 32,930,000 |
| 1961 | 41,500,000 |
| 1962 | 51,900,000 |
| 1963 | 59,330,000 |
| 1964 | 61,629,000 |
| 1965 | 77,171,000 |
| 1966 | 86,345,000 |
| 1967 | 104,040,000 |
| 1968 | 113,058,000 |
| 1969 | 139,452,000 |
| 1970 | 172,720,000 |
| 1971 | 208,624,000 |
| 1972 | 246,756,000 |
| 1973 | 326,810,000 |
| 1974 | 420,360,000 |
| 1975 | 542,070,000 |
| 1976 | 720,270,000 |
| 1977 | 1,037,590,000 |
| 1978 | 1,540,050,000 |
| 1979 | 2,421,190,000 |
| 1980 | 4,002,710,000 |
| 1981 | 4,998,650,000 |
| 1982 | 8,512,620,000 |
| 1983 | 15,332,040,000 |
| 1984 | 20,569,170,000 |
| 1985 | 31,571,250,000 |
| 1986 | 41,642,470,000 |
| 1987 | 56,999,830,000 |
| 1988 | 74,408,850,000 |
| 1989 | 112,091,000,000 |
| 1990 | 127,902,000,000 |
| 1991 | 148,252,000,000 |
| 1992 | 154,032,000,000 |
| 1993 | 164,095,000,000 |
| 1994 | 167,436,000,000 |
| 1995 | 171,656,000,000 |
| 1996 | 182,281,000,000 |
| 1997 | 199,328,000,000 |
| 1998 | 229,608,000,000 |
| 1999 | 269,234,000,000 |
| 2000 | 298,147,000,000 |
| 2001 | 343,347,000,000 |
| 2002 | 393,963,000,000 |
| 2003 | 482,089,000,000 |
| 2004 | 560,930,000,000 |
| 2005 | 707,930,000,000 |
| 2006 | 1,133,530,000,000 |
| 2007 | 1,199,890,000,000 |
| 2008 | 1,584,950,000,000 |
| 2009 | 1,624,110,000,000 |
| 2010 | 1,461,360,000,000 |
| 2011 | 1,544,550,000,000 |
| 2012 | 1,473,990,000,000 |
| 2013 | 1,542,590,000,000 |
| 2014 | 1,631,860,000,000 |
| 2015 | 1,722,790,000,000 |
| 2016 | 1,642,940,000,000 |
| 2017 | 1,725,640,000,000 |
| 2018 | 1,846,300,000,000 |
| 2019 | 1,968,040,000,000 |
| 2020 | 2,113,000,000,000 |
Broad money (% of GDP)
Broad money (% of GDP) in Iceland was 71.84 as of 2020. Its highest value over the past 60 years was 99.86 in 2009, while its lowest value was 19.81 in 1981.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1960 | 36.63 |
| 1961 | 40.78 |
| 1962 | 42.36 |
| 1963 | 40.57 |
| 1964 | 33.00 |
| 1965 | 34.27 |
| 1966 | 31.93 |
| 1967 | 37.92 |
| 1968 | 38.34 |
| 1969 | 38.21 |
| 1970 | 37.26 |
| 1971 | 35.37 |
| 1972 | 33.30 |
| 1973 | 31.41 |
| 1974 | 27.76 |
| 1975 | 25.07 |
| 1976 | 23.68 |
| 1977 | 23.62 |
| 1978 | 22.62 |
| 1979 | 24.06 |
| 1980 | 24.67 |
| 1981 | 19.81 |
| 1982 | 21.49 |
| 1983 | 22.31 |
| 1984 | 22.66 |
| 1985 | 25.49 |
| 1986 | 25.39 |
| 1987 | 26.70 |
| 1988 | 28.33 |
| 1989 | 34.64 |
| 1990 | 33.92 |
| 1991 | 36.37 |
| 1992 | 37.80 |
| 1993 | 39.03 |
| 1994 | 37.47 |
| 1995 | 37.25 |
| 1996 | 36.91 |
| 1997 | 37.14 |
| 1998 | 38.05 |
| 1999 | 41.44 |
| 2000 | 42.02 |
| 2001 | 42.80 |
| 2002 | 46.12 |
| 2003 | 54.99 |
| 2004 | 57.80 |
| 2005 | 66.70 |
| 2006 | 92.48 |
| 2007 | 86.51 |
| 2008 | 99.71 |
| 2009 | 99.86 |
| 2010 | 86.94 |
| 2011 | 87.51 |
| 2012 | 79.88 |
| 2013 | 78.30 |
| 2014 | 78.22 |
| 2015 | 74.55 |
| 2016 | 65.40 |
| 2017 | 65.32 |
| 2018 | 64.90 |
| 2019 | 64.57 |
| 2020 | 71.84 |
Broad money to total reserves ratio
Broad money to total reserves ratio in Iceland was 2.43 as of 2020. Its highest value over the past 60 years was 10.52 in 2005, while its lowest value was 1.56 in 2011.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1960 | 7.38 |
| 1961 | 4.33 |
| 1962 | 3.78 |
| 1963 | 4.00 |
| 1964 | 3.27 |
| 1965 | 3.33 |
| 1966 | 3.46 |
| 1967 | 6.68 |
| 1968 | 6.51 |
| 1969 | 4.11 |
| 1970 | 3.65 |
| 1971 | 3.38 |
| 1972 | 3.29 |
| 1973 | 3.57 |
| 1974 | 7.96 |
| 1975 | 7.08 |
| 1976 | 4.74 |
| 1977 | 4.98 |
| 1978 | 3.90 |
| 1979 | 3.67 |
| 1980 | 4.12 |
| 1981 | 2.78 |
| 1982 | 4.11 |
| 1983 | 3.67 |
| 1984 | 4.55 |
| 1985 | 3.43 |
| 1986 | 3.08 |
| 1987 | 4.40 |
| 1988 | 5.57 |
| 1989 | 5.50 |
| 1990 | 4.82 |
| 1991 | 5.38 |
| 1992 | 5.20 |
| 1993 | 5.45 |
| 1994 | 7.68 |
| 1995 | 8.11 |
| 1996 | 5.81 |
| 1997 | 7.07 |
| 1998 | 7.31 |
| 1999 | 7.52 |
| 2000 | 9.36 |
| 2001 | 9.92 |
| 2002 | 9.31 |
| 2003 | 7.68 |
| 2004 | 7.44 |
| 2005 | 10.52 |
| 2006 | 6.90 |
| 2007 | 7.12 |
| 2008 | 5.05 |
| 2009 | 3.38 |
| 2010 | 2.07 |
| 2011 | 1.56 |
| 2012 | 2.81 |
| 2013 | 2.98 |
| 2014 | 3.35 |
| 2015 | 2.59 |
| 2016 | 1.88 |
| 2017 | 2.46 |
| 2018 | 2.70 |
| 2019 | 2.37 |
| 2020 | 2.43 |
Broad money growth (annual %)
The value for Broad money growth (annual %) in Iceland was 7.37 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 80.11 in 1983 and a minimum value of -10.02 in 2010.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1961 | 26.02 |
| 1962 | 25.06 |
| 1963 | 14.32 |
| 1964 | 3.87 |
| 1965 | 25.22 |
| 1966 | 11.89 |
| 1967 | 20.49 |
| 1968 | 8.67 |
| 1969 | 23.35 |
| 1970 | 23.86 |
| 1971 | 20.79 |
| 1972 | 18.28 |
| 1973 | 32.44 |
| 1974 | 28.63 |
| 1975 | 28.95 |
| 1976 | 32.87 |
| 1977 | 44.06 |
| 1978 | 48.43 |
| 1979 | 57.22 |
| 1980 | 65.32 |
| 1981 | 24.88 |
| 1982 | 70.30 |
| 1983 | 80.11 |
| 1984 | 34.16 |
| 1985 | 53.49 |
| 1986 | 31.90 |
| 1987 | 36.88 |
| 1988 | 30.54 |
| 1989 | 50.64 |
| 1990 | 14.11 |
| 1991 | 15.91 |
| 1992 | 3.90 |
| 1993 | 6.53 |
| 1994 | 2.04 |
| 1995 | 2.52 |
| 1996 | 6.19 |
| 1997 | 9.35 |
| 1998 | 15.19 |
| 1999 | 17.26 |
| 2000 | 10.74 |
| 2001 | 15.16 |
| 2002 | 14.74 |
| 2003 | 22.37 |
| 2004 | 16.35 |
| 2005 | 26.21 |
| 2006 | 60.12 |
| 2007 | 5.85 |
| 2008 | 32.09 |
| 2009 | 2.47 |
| 2010 | -10.02 |
| 2011 | 5.69 |
| 2012 | -4.57 |
| 2013 | 4.65 |
| 2014 | 5.79 |
| 2015 | 5.57 |
| 2016 | -4.64 |
| 2017 | 5.03 |
| 2018 | 6.99 |
| 2019 | 6.59 |
| 2020 | 7.37 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)
