Iceland: Consumer credit
* indicates monthly or quarterly data series
The most recent value is 258.69 billion Icelandic Krona as of December 2024, an increase compared to the previous value of 247.21 billion Icelandic Krona. Historically, the average for Iceland from July 2007 to December 2024 is 268.89 billion Icelandic Krona. The minimum of 197.4 billion Icelandic Krona was recorded in May 2020, while the maximum of 425.14 billion Icelandic Krona was reached in September 2008.
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* indicates monthly or quarterly data series
- Measure: billion Icelandic Krona
- Source: Central Bank of Iceland
| Recent values | Iceland: Consumer credit, billion currency units |
|---|---|
| 2024 Dec | 258.69 |
| 2024 Nov | 247.21 |
| 2024 Oct | 254.7 |
| 2024 Sep | 256.65 |
| 2024 Aug | 250.83 |
| 2024 Jul | 254.11 |
| 2024 Jun | 255.23 |
| 2024 May | 249.67 |
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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
| 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) | 128.1400 | 1/2025 | index points |
| Inflation, monthly | -0.03 | 1/2025 | percent |
| Inflation, annual | 3.73 | 1/2025 | 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 |