Iceland - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Iceland was 99.84 as of 2020. Its highest value over the past 60 years was 304.58 in 2006, while its lowest value was 24.18 in 1978.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 46.68
1961 44.69
1962 41.90
1963 40.32
1964 31.17
1965 32.73
1966 31.92
1967 36.26
1968 38.45
1969 33.88
1970 30.81
1971 29.86
1972 29.04
1973 28.18
1974 30.73
1975 28.44
1976 25.82
1977 25.11
1978 24.18
1979 25.83
1980 26.47
1981 28.98
1982 36.01
1983 37.89
1984 39.36
1985 37.89
1986 32.96
1987 35.31
1988 39.39
1989 45.55
1990 41.67
1991 42.97
1992 46.06
1993 46.06
1994 43.92
1995 45.35
1996 47.94
1997 65.00
1998 62.36
1999 70.95
2000 93.52
2001 95.10
2002 100.56
2003 125.15
2004 157.80
2005 239.56
2006 304.58
2007 246.61
2008 192.82
2009 172.59
2010 159.58
2011 136.39
2012 117.84
2013 107.18
2014 94.23
2015 87.23
2016 84.19
2017 86.82
2018 90.89
2019 88.12
2020 99.84

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Iceland was 99.84 as of 2020. Its highest value over the past 60 years was 304.58 in 2006, while its lowest value was 24.24 in 1978.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 46.86
1961 44.89
1962 42.04
1963 40.43
1964 31.28
1965 32.94
1966 32.21
1967 36.65
1968 38.98
1969 34.38
1970 32.25
1971 31.01
1972 29.25
1973 28.32
1974 30.84
1975 28.50
1976 25.90
1977 25.18
1978 24.24
1979 25.88
1980 26.56
1981 29.10
1982 36.13
1983 38.02
1984 39.41
1985 37.93
1986 33.04
1987 35.48
1988 39.56
1989 45.84
1990 41.85
1991 43.07
1992 46.15
1993 46.14
1994 44.01
1995 45.44
1996 48.03
1997 65.03
1998 62.37
1999 70.97
2000 93.53
2001 95.10
2002 100.56
2003 125.15
2004 157.80
2005 239.56
2006 304.58
2007 246.61
2008 192.82
2009 172.59
2010 159.58
2011 136.39
2012 117.84
2013 107.18
2014 94.23
2015 87.23
2016 84.19
2017 86.82
2018 90.89
2019 88.16
2020 99.84

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets