Bank loans as a share of gdp reached 94.6% in first quarter of 2022 in Iceland, according to the National Central Bank. This is 9.99% less than in the previous quarter.
Historically, bank loans as a share of GDP in Iceland reached an all time high of 107% in 4Q2020 and an all time low of 90.5% in 1Q2018.
Iceland has been ranked 12th within the group of 43 countries we follow in terms of bank loans as a share of GDP.
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