Bank assets as a share of GDP reached 130 % in 2017 in Iceland, according to the National Central Bank. This is 2.36 % less than in the previous year.
Historically, bank assets as a share of GDP in Iceland reached an all time high of 711 % in 2007 and an all time low of 22.0 % in 1979.
Iceland has been ranked 33rd within the group of 113 countries we follow in terms of bank assets as a share of GDP, 31 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.