Iceland: Business credit
* indicates monthly or quarterly data series
The most recent value is 2221.83 billion Icelandic Krona as of June 2026, a decline compared to the previous value of 2223.6 billion Icelandic Krona. Historically, the average for Iceland from December 1997 to June 2026 is 1209.75 billion Icelandic Krona. The minimum of 151.75 billion Icelandic Krona was recorded in January 1998, while the maximum of 2223.6 billion Icelandic Krona was reached in May 2026.
Click on the following link to see the values of: Business credit around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: billion Icelandic Krona
- Source: Central Bank of Iceland
| Recent values | Iceland: Business credit, billion currency units |
|---|---|
| 2026 Jun | 2221.83 |
| 2026 May | 2223.6 |
| 2026 Apr | 2190.95 |
| 2026 Mar | 2164.47 |
| 2026 Feb | 2152.52 |
| 2026 Jan | 2132.4 |
| 2025 Dec | 2109.57 |
| 2025 Nov | 2098.35 |
Download data from our database
Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 4.1 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 125.3874 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3,481.20 | 6/2026 | billion |
| Consumer Price Index (CPI) | 106.5900 | 6/2026 | index points |
| Inflation, monthly | 2.16 | 6/2026 | percent |
| Inflation, annual | 5.12 | 6/2026 | percent |
| Food and beverages inflation | 3.84 | 7/2026 | percent |
| Alcohol and tobacco inflation | 3.80 | 4/2026 | percent |
| Energy price inflation | -7.50 | 4/2026 | percent |
| Transport services inflation | 7.10 | 4/2026 | percent |
| Information and communication inflation | 3.60 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 3.60 | 4/2026 | percent |
| Health care inflation | 4.70 | 4/2026 | percent |
| Education services inflation | 4.40 | 4/2026 | percent |
| Clothing and footwear inflation | 4.40 | 4/2026 | percent |
| Housing inflation | 8.80 | 4/2026 | percent |
| Private sector credit | 4,554.14 | 6/2026 | billion |
| Business credit | 2,221.83 | 6/2026 | billion |
| Household credit | 2,332.30 | 6/2026 | billion |
| Mortgage credit | 2,056.03 | 6/2026 | billion |
| Consumer credit | 276.27 | 6/2026 | billion |
| Deposit interest rate | 0.90 | 6/2026 | percent |
| Policy rate | 7.75 | 7/2026 | percent |
| Bank deposits, total | 3,558.95 | 4/2026 | billion local currency units |
| Bank deposits, local currency | 3,172.42 | 4/2026 | billion local currency units |
| Bank deposits, foreign currency | 386.52 | 4/2026 | billion local currency units |