Iceland - Money

Money (current LCU)

The value for Money (current LCU) in Iceland was 505,957,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 539,395,000,000 in 2009 and a minimum value of 10,770,000 in 1960.

Definition: Money is the sum of currency outside banks and demand deposits other than those of central government. This series, frequently referred to as M1 is a narrower definition of money than M2. Data are in current local currency.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 10,770,000
1961 13,910,000
1962 16,840,000
1963 17,130,000
1964 21,011,000
1965 26,327,000
1966 27,387,000
1967 26,050,000
1968 28,888,000
1969 38,112,000
1970 46,480,000
1971 56,644,000
1972 69,016,000
1973 95,840,000
1974 124,680,000
1975 166,600,000
1976 207,670,000
1977 305,140,000
1978 429,730,000
1979 629,380,000
1980 1,009,710,000
1981 1,627,650,000
1982 2,075,620,000
1983 3,698,040,000
1984 5,278,170,000
1985 6,722,250,000
1986 9,674,470,000
1987 12,706,830,000
1988 14,817,850,000
1989 19,799,850,000
1990 24,643,920,000
1991 29,555,540,000
1992 29,943,780,000
1993 31,568,930,000
1994 34,953,970,000
1995 38,315,310,000
1996 41,555,670,000
1997 48,351,310,000
1998 58,174,020,000
1999 70,470,540,000
2000 72,268,230,000
2001 71,656,440,000
2002 87,830,730,000
2003 114,783,000,000
2004 155,340,000,000
2005 174,161,000,000
2006 202,713,000,000
2007 393,241,000,000
2008 518,118,000,000
2009 539,395,000,000
2010 524,986,000,000
2011 505,957,000,000

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)