Non-performing loans net of provisions to capital in Iceland

Iceland: Non-performing loans net of provisions to capital was 7.1% in 2024. ▼ Falling

Latest (2024)
7.1%
Change on year
up 67.3%
World rank
68th
of 138 countries
All-time high
9.1%
in 2015
All-time low
3.6%
in 2022
Years of data
10
2015–2024

Non-performing loans net of provisions to capital in Iceland, 2015–2024

02468102015201920242015: 9.12016: 6.82017: 5.82018: 6.62019: 82020: 5.62021: 52022: 3.62023: 4.32024: 7.1

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, non-performing loans net of provisions to capital in Iceland stood at 7.1%.

The figure is up 67.3% on the previous year and down 21.2% over ten years.

Over the whole period, non-performing loans net of provisions to capital in Iceland peaked at 9.1% in 2015 and was at its lowest, 3.6%, in 2022.

That places Iceland 68th out of 138 countries with data for 2024, putting it in the middle of the range.

Non-performing loans net of provisions to capital in Iceland, year by year

Annual values for Non-performing loans net of provisions to capital (%) in Iceland, 2015 to 2024.
Year Value Change
2015 9.1%
2016 6.8% -25.6%
2017 5.8% -14.5%
2018 6.6% +14.5%
2019 8.0% +20.7%
2020 5.6% -30.3%
2021 5.0% -9.8%
2022 3.6% -27.7%
2023 4.3% +17.8%
2024 7.1% +67.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.2% 5.8% 9.1% 5
2020s 5.1% 3.6% 7.1% 5

Countries ranked near Iceland

  1. 65 Czechia 7.2% compare
  2. 66 Thailand 7.2% compare
  3. 67 Australia 7.2% compare
  4. 69 Georgia 6.9% compare
  5. 70 Curaçao 6.7% compare
  6. 71 Burundi 6.5%

See the full ranking of 149 places →

More development goals data for Iceland

All data for Iceland →

Frequently asked questions

What is non-performing loans net of provisions to capital in Iceland?
Non-performing loans net of provisions to capital in Iceland was 7.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans net of provisions to capital recorded in Iceland?
The highest recorded value was 9.1% in 2015.
What is the lowest non-performing loans net of provisions to capital recorded in Iceland?
The lowest recorded value was 3.6% in 2022.
How does Iceland rank for non-performing loans net of provisions to capital?
Iceland ranks 68th out of 138 countries with data for 2024.
Is non-performing loans net of provisions to capital rising or falling in Iceland?
Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.

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Non-performing loans net of provisions to capital in Iceland. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 02 September 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/iceland/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,200 data points, 2000–2025
Last refreshed