Iceland: Household credit

* indicates monthly or quarterly data series
The most recent value is 2136.83 billion Icelandic Krona as of June 2024, an increase compared to the previous value of 2113.65 billion Icelandic Krona. Historically, the average for Iceland from December 1997 to June 2024 is 813.2 billion Icelandic Krona. The minimum of 78.91 billion Icelandic Krona was recorded in December 1997, while the maximum of 2136.83 billion Icelandic Krona was reached in June 2024. Click on the following link to see the values of: Household credit around the world.
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* indicates monthly or quarterly data series

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Recent values Iceland: Household credit, billion currency units
2024  Jun 2136.83
2024  May 2113.65
2024  Apr 2114.9
2024  Mar 2098.51
2024  Feb 2084.07
2024  Jan 2082.55
2023  Dec 2078.38
2023  Nov 2076.66


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Definition: Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. 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 2021 index points
 USD exchange rate 135.2875 9/2023 Local Currency Units per USD
 Money supply (broad money) 2,779.33 9/2023 billion
 Consumer Price Index (CPI) 124.3200 9/2023 index points
 Inflation, monthly -0.05 9/2023 percent
 Inflation, annual 8.46 9/2023 percent
 Private sector credit 3,762.15 9/2023 billion
 Business credit 1,708.91 9/2023 billion
 Household credit 2,053.24 9/2023 billion
 Mortgage credit 1,788.74 9/2023 billion
 Consumer credit 264.50 9/2023 billion
 Deposit interest rate 2.45 9/2023 percent
 Policy rate 9.25 9/2023 percent
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