Mortgage loans as a share of bank loans reached 46.3% in 2021 in Iceland, according to the National Central Bank. This is 14.0% more than in the previous year.
Historically, mortgage loans as a share of bank loans in Iceland reached an all time high of 46.3% in 2021 and an all time low of 31.6% in 2016.
Iceland has been ranked 4th within the group of 61 countries we follow in terms of mortgage loans as a share of bank loans.
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