Iceland: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 2985.11 billion Icelandic Krona as of June 2024, an increase compared to the previous value of 2967.09 billion Icelandic Krona. Historically, the average for Iceland from September 1993 to June 2024 is 1107.89 billion Icelandic Krona. The minimum of 153.01 billion Icelandic Krona was recorded in October 1993, while the maximum of 2985.11 billion Icelandic Krona was reached in June 2024.
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* indicates monthly or quarterly data series
- Measure: billion Icelandic Krona
- Source: Central Bank of Iceland
| Recent values | Iceland: Money supply, billion currency units |
|---|---|
| 2024 Jun | 2985.11 |
| 2024 May | 2967.09 |
| 2024 Apr | 2893.83 |
| 2024 Mar | 2857.97 |
| 2024 Feb | 2800.5 |
| 2024 Jan | 2773.26 |
| 2023 Dec | 2760.58 |
| 2023 Nov | 2788.33 |
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Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 8.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 136.9392 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 2,985.11 | 6/2024 | billion |
| Consumer Price Index (CPI) | 129.7600 | 8/2024 | index points |
| Inflation, monthly | -0.18 | 8/2024 | percent |
| Inflation, annual | 4.33 | 8/2024 | percent |
| Private sector credit | 4,044.45 | 6/2024 | billion |
| Business credit | 1,907.61 | 6/2024 | billion |
| Household credit | 2,136.83 | 6/2024 | billion |
| Mortgage credit | 1,881.60 | 6/2024 | billion |
| Consumer credit | 255.23 | 6/2024 | billion |
| Deposit interest rate | 2.34 | 9/2024 | percent |
| Policy rate | 9.25 | 9/2024 | percent |