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Bank Assets (As % of GDP) in Iceland

Source: Federal Reserve Bank of St. Louis (1961-1998, figures for Deposit Money Banks only), OECD, Central Bank of Iceland, Financial Supervisory Authority of Iceland
Last Updated: Jun 1, 2022

Bank assets as a share of GDP reached 139 % in 2020 in Iceland, according to the National Central Bank. This is 14.0 % more than in the previous year.

Historically, bank assets as a share of GDP in Iceland reached an all time high of 704 % in 2007 and an all time low of % in. When compared to Iceland's main peers, bank assets as a share of GDP in Sweden amounted to 162 % and 427 % in United Kingdom in 2020.

Iceland has been ranked 9th within the group of 53 countries we follow in terms of bank assets as a share of GDP, 24 places above the position seen 10 years ago.

Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.


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