Iceland: Business credit
* indicates monthly or quarterly data series
The most recent value is 1948.41 billion Icelandic Krona as of December 2024, an increase compared to the previous value of 1930.99 billion Icelandic Krona. Historically, the average for Iceland from December 1997 to December 2024 is 1161.39 billion Icelandic Krona. The minimum of 151.75 billion Icelandic Krona was recorded in January 1998, while the maximum of 2151.17 billion Icelandic Krona was reached in November 2008.
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* indicates monthly or quarterly data series
- Measure: billion Icelandic Krona
- Source: Central Bank of Iceland
| Recent values | Iceland: Business credit, billion currency units |
|---|---|
| 2024 Dec | 1948.41 |
| 2024 Nov | 1930.99 |
| 2024 Oct | 1921.23 |
| 2024 Sep | 1915.48 |
| 2024 Aug | 1921.11 |
| 2024 Jul | 1907.82 |
| 2024 Jun | 1907.61 |
| 2024 May | 1898.33 |
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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 | 8.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 140.5528 | 2/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,083.79 | 12/2024 | billion |
| Consumer Price Index (CPI) | 129.5000 | 2/2025 | index points |
| Inflation, monthly | 1.06 | 2/2025 | percent |
| Inflation, annual | 3.39 | 2/2025 | percent |
| Private sector credit | 4,147.45 | 12/2024 | billion |
| Business credit | 1,948.41 | 12/2024 | billion |
| Household credit | 2,199.04 | 12/2024 | billion |
| Mortgage credit | 1,940.34 | 12/2024 | billion |
| Consumer credit | 258.69 | 12/2024 | billion |
| Deposit interest rate | 2.13 | 12/2024 | percent |
| Policy rate | 8.50 | 1/2025 | percent |