Iceland: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 4147.45 billion Icelandic Krona as of December 2024, an increase compared to the previous value of 4116.71 billion Icelandic Krona. Historically, the average for Iceland from December 1997 to December 2024 is 1992.29 billion Icelandic Krona. The minimum of 230.7 billion Icelandic Krona was recorded in January 1998, while the maximum of 4147.45 billion Icelandic Krona was reached in December 2024. Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series

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Recent values Iceland: Private sector credit, billion currency units
2024  Dec 4147.45
2024  Nov 4116.71
2024  Oct 4106.65
2024  Sep 4095.82
2024  Aug 4085.56
2024  Jul 4064.44
2024  Jun 4044.45
2024  May 4011.98


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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and 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 2022 index points
 USD exchange rate 140.2478 1/2025 Local Currency Units per USD
 Money supply (broad money) 3,083.79 12/2024 billion
 Consumer Price Index (CPI) 128.2100 12/2024 index points
 Inflation, monthly 0.25 12/2024 percent
 Inflation, annual 3.58 12/2024 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 12/2024 percent
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