Mortgage loans as a share of gdp reached 44.7% in second quarter of 2023 in Iceland, according to the National Central Bank. This is 1.12% more than in the previous quarter.
Historically, mortgage loans as a share of GDP in Iceland reached an all time high of 48.6% in 4Q2021 and an all time low of 29.3% in 1Q2017.
Iceland has been ranked 15th within the group of 78 countries we follow in terms of mortgage loans as a share of GDP.
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