Corporate loans as a share of gdp reached 48.7% in 2020 in Iceland, according to the National Central Bank. This is 2.39% more than in the previous year.
Historically, corporate loans as a share of GDP in Iceland reached an all time high of 120% in 2009 and an all time low of 27.9% in 1997.
Iceland has been ranked 8th within the group of 77 countries we follow in terms of corporate loans as a share of GDP.
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