Iceland - Broad money (% of GDP)
Broad money (% of GDP) in Iceland was 71.84 as of 2020. Its highest value over the past 60 years was 99.86 in 2009, while its lowest value was 19.81 in 1981.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
See also:
Year | Value |
---|---|
1960 | 36.63 |
1961 | 40.78 |
1962 | 42.36 |
1963 | 40.57 |
1964 | 33.00 |
1965 | 34.27 |
1966 | 31.93 |
1967 | 37.92 |
1968 | 38.34 |
1969 | 38.21 |
1970 | 37.26 |
1971 | 35.37 |
1972 | 33.30 |
1973 | 31.41 |
1974 | 27.76 |
1975 | 25.07 |
1976 | 23.68 |
1977 | 23.62 |
1978 | 22.62 |
1979 | 24.06 |
1980 | 24.67 |
1981 | 19.81 |
1982 | 21.49 |
1983 | 22.31 |
1984 | 22.66 |
1985 | 25.49 |
1986 | 25.39 |
1987 | 26.70 |
1988 | 28.33 |
1989 | 34.64 |
1990 | 33.92 |
1991 | 36.37 |
1992 | 37.80 |
1993 | 39.03 |
1994 | 37.47 |
1995 | 37.25 |
1996 | 36.91 |
1997 | 37.14 |
1998 | 38.05 |
1999 | 41.44 |
2000 | 42.02 |
2001 | 42.80 |
2002 | 46.12 |
2003 | 54.99 |
2004 | 57.80 |
2005 | 66.70 |
2006 | 92.48 |
2007 | 86.51 |
2008 | 99.71 |
2009 | 99.86 |
2010 | 86.94 |
2011 | 87.51 |
2012 | 79.88 |
2013 | 78.30 |
2014 | 78.22 |
2015 | 74.55 |
2016 | 65.40 |
2017 | 65.32 |
2018 | 64.90 |
2019 | 64.57 |
2020 | 71.84 |
Aggregation method: Weighted average
Periodicity: Annual
General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)