Broad money (% of GDP) — all countries

Broad money (% of GDP) — Iceland

Broad money (% of GDP) in Iceland in 2024 — 67.37%. Ranked 48 in the world out of 115. Since 1960, the indicator has risen by 32.51 pp.

2024 67.37% +4.2 pp vs 2023
World rank 48of 115
Period maximum 99.42%2009
Period minimum 19.14%1981

Trend over time

1960–2024 · % of GDP

Broad money (% of GDP) — Iceland, 1960–2024025507510019601967197419811988199520022009201620231960: 34.86%1962: 40.33%1964: 31.42%1966: 30.39%1968: 36.49%1970: 36.01%1972: 32.17%1974: 26.82%1976: 22.88%1978: 21.85%1980: 23.84%1982: 20.77%1984: 21.89%1986: 24.54%1988: 27.37%1990: 32.78%1992: 36.52%1994: 36.2%1996: 35.66%1998: 37.46%2000: 41.49%2002: 45.64%2004: 57.23%2006: 91.4%2008: 98.76%2010: 85.86%2012: 78.86%2014: 77.42%2016: 64.5%2018: 63.9%2020: 70.81%2022: 64.62%2024: 67.37%
Change over the period: +32.51 pp Annual average: 0.51 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 67.37%
World 136.11%
Broad money (% of GDP) — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2024 67.37 +4.2 pp
2023 63.17 −1.44 pp
2022 64.62 −5.7 pp
2021 70.32 −0.5 pp
2020 70.81 +6.57 pp
2019 64.24 +0.34 pp
2018 63.9 −0.55 pp
2017 64.45 −0.05 pp
2016 64.5 −9.28 pp
2015 73.78 −3.64 pp
2014 77.42 −0.31 pp
2013 77.72 −1.13 pp
2012 78.86 −7.67 pp
2011 86.53 +0.67 pp
2010 85.86 −13.56 pp
2009 99.42 +0.66 pp
2008 98.76 +13.46 pp
2007 85.3 −6.1 pp
2006 91.4 +25.84 pp
2005 65.55 +8.33 pp
2004 57.23 +2.89 pp
2003 54.34 +8.7 pp
2002 45.64 +3.3 pp
2001 42.34 +0.85 pp
2000 41.49 +0.63 pp
1999 40.87 +3.41 pp
1998 37.46 +1.03 pp
1997 36.43 +0.77 pp
1996 35.66 −0.33 pp
1995 35.99 −0.21 pp
1994 36.2 −1.51 pp
1993 37.72 +1.19 pp
1992 36.52 +1.39 pp
1991 35.14 +2.36 pp
1990 32.78 −0.69 pp
1989 33.47 +6.1 pp
1988 27.37 +1.58 pp
1987 25.79 +1.26 pp
1986 24.54 −0.09 pp
1985 24.63 +2.74 pp
1984 21.89 +0.33 pp
1983 21.56 +0.79 pp
1982 20.77 +1.63 pp
1981 19.14 −4.7 pp
1980 23.84 +0.59 pp
1979 23.25 +1.4 pp
1978 21.85 −0.97 pp
1977 22.83 −0.06 pp
1976 22.88 −1.34 pp
1975 24.22 −2.6 pp
1974 26.82 −3.53 pp
1973 30.35 −1.82 pp
1972 32.17 −2 pp
1971 34.18 −1.83 pp
1970 36.01 −0.37 pp
1969 36.37 −0.12 pp
1968 36.49 +0.4 pp
1967 36.1 +5.7 pp
1966 30.39 −2.23 pp
1965 32.62 +1.21 pp
1964 31.42 −7.21 pp
1963 38.62 −1.7 pp
1962 40.33 +1.51 pp
1961 38.82 +3.95 pp
1960 34.86

Northern Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.