Iceland: Financial system deposits, percent of GDP
* indicates monthly or quarterly data series
| Iceland |
Financial system deposits, percent of GDP |
|---|---|
| Latest value | 70.16 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1960 - 2021 |
| Average | 44.12 |
| Min - Max | 18.20 - 98.15 |
| Source | The International Monetary Fund |
The latest value from 2021 is 70.16 percent, an increase from 69.64 percent in 2020. In comparison, the world average is 69.41 percent, based on data from 138 countries. Historically, the average for Iceland from 1960 to 2021 is 44.12 percent. The minimum value, 18.2 percent, was reached in 1981 while the maximum of 98.15 percent was recorded in 2008.
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Definition: Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 70.43 | 2021 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 28.11 | 2020 | bank branches |
| Percent people with credit cards | 74.00 | 2021 | percent |
| Percent people with debit cards | 94.14 | 2021 | percent |
| Domestic credit to the private sector | 99.84 | 2020 | percent |
| Bank credit to the private sector | 89.35 | 2023 | percent |
| Liquid liabilities, percent of GDP | 72.46 | 2021 | percent |
| Bank assets to GDP | 111.28 | 2021 | percent |
| Financial system deposits, percent of GDP | 70.16 | 2021 | percent |
| Bank credit to government | 11.16 | 2020 | percent |
| Banking system concentration | 100.00 | 2021 | percent |
| Foreign bank assets | 0.00 | 2013 | percent of total bank assets |
| Percent people with bank accounts | 100.00 | 2021 | percent |