Iceland: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 3083.79 billion Icelandic Krona as of December 2024, an increase compared to the previous value of 3081.37 billion Icelandic Krona. Historically, the average for Iceland from September 1993 to December 2024 is 1138.92 billion Icelandic Krona. The minimum of 153.01 billion Icelandic Krona was recorded in October 1993, while the maximum of 3083.79 billion Icelandic Krona was reached in December 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 Dec | 3083.79 |
| 2024 Nov | 3081.37 |
| 2024 Oct | 3056.99 |
| 2024 Sep | 3048.73 |
| 2024 Aug | 3028.21 |
| 2024 Jul | 3015.65 |
| 2024 Jun | 2986.17 |
| 2024 May | 2967.09 |
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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 | 2022 | index points |
| USD exchange rate | 134.5458 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 3,083.79 | 12/2024 | billion |
| Consumer Price Index (CPI) | 130.0900 | 3/2025 | index points |
| Inflation, monthly | 0.46 | 3/2025 | percent |
| Inflation, annual | 3.37 | 3/2025 | 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 | 1.74 | 3/2025 | percent |
| Policy rate | 7.75 | 3/2025 | percent |