Broad money to total reserves ratio (United Nations) in Iceland
Iceland: Broad money to total reserves ratio (United Nations) was 3.49 in 2024. ◆ Volatile
Latest (2024)
3.49
Change on year
up 1.3%
World rank
68th
of 164 countries
All-time high
10.52
in 2005
All-time low
1.56
in 2011
Years of data
25
2000–2024
Broad money to total reserves ratio in Iceland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, broad money to total reserves ratio in Iceland stood at 3.49.
That represents a change of up 1.3% on the previous year and up 4.4% over ten years.
Over the whole period, broad money to total reserves ratio in Iceland peaked at 10.52 in 2005 and was at its lowest, 1.56, in 2011.
Iceland ranks 68th of 164 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (United Nations) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.36 | — |
| 2001 | 9.92 | +5.9% |
| 2002 | 9.31 | -6.1% |
| 2003 | 7.68 | -17.6% |
| 2004 | 7.44 | -3.1% |
| 2005 | 10.52 | +41.4% |
| 2006 | 6.9 | -34.4% |
| 2007 | 7.12 | +3.2% |
| 2008 | 5.05 | -29.1% |
| 2009 | 3.38 | -33.0% |
| 2010 | 2.07 | -39.0% |
| 2011 | 1.56 | -24.5% |
| 2012 | 2.81 | +80.4% |
| 2013 | 2.98 | +6.0% |
| 2014 | 3.35 | +12.3% |
| 2015 | 2.59 | -22.6% |
| 2016 | 1.88 | -27.4% |
| 2017 | 2.46 | +30.7% |
| 2018 | 2.7 | +9.6% |
| 2019 | 2.37 | -12.2% |
| 2020 | 2.43 | +2.7% |
| 2021 | 2.61 | +7.2% |
| 2022 | 3.2 | +22.9% |
| 2023 | 3.45 | +7.7% |
| 2024 | 3.49 | +1.3% |
Iceland compared with similar countries
- Iceland's 3.49 is above the median for high income countries, which is 3.4, 1.0× the median. (39 countries reporting)
- Iceland's 3.49 is above the median for Europe & Central Asia, which is 2.15, 1.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.67 | 3.38 | 10.52 | 10 |
| 2010s | 2.48 | 1.56 | 3.35 | 10 |
| 2020s | 3.04 | 2.43 | 3.49 | 5 |
Countries ranked near Iceland
- 65 Dominican Republic 3.63 compare
- 66 Philippines 3.61 compare
- 67 Sao Tome and Principe 3.59 compare
- 69 Nigeria 3.46 compare
- 70 Malawi 3.46 compare
- 71 Honduras 3.46 compare
More infrastructure data for Iceland
- Mobile cellular subscriptions 475,724 (2024)
- Mobile cellular subscriptions 120.93 per 100 people (2024)
- Fixed telephone subscriptions 68,518 (2024)
- Fixed telephone subscriptions 17.42 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1773 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -16.94 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 68,518 (2024)
- Mobile cellular subscriptions, per capita 1.23 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Iceland?
- Broad money to total reserves ratio in Iceland was 3.49 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Iceland?
- The highest recorded value was 10.52 in 2005.
- What is the lowest broad money to total reserves ratio recorded in Iceland?
- The lowest recorded value was 1.56 in 2011.
- How does Iceland rank for broad money to total reserves ratio?
- Iceland ranks 68th out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Iceland?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
Download this data
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