Non-performing loans to total gross loans (%) in Iceland
Iceland: Non-performing loans to total gross loans (%) was 2.0% in 2024. ▼ Falling
Latest (2024)
2.0%
Change on year
up 28.5%
World rank
117th
of 156 countries
All-time high
5.9%
in 2015
All-time low
1.4%
in 2022
Years of data
10
2015–2024
Non-performing loans to total gross loans in Iceland, 2015–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for non-performing loans to total gross loans in Iceland is 2.0%, measured in 2024.
The figure is up 28.5% on the previous year and down 65.3% over ten years.
Over the whole period, non-performing loans to total gross loans in Iceland peaked at 5.9% in 2015 and was at its lowest, 1.4%, in 2022.
Iceland ranks 117th of 156 countries on this measure, in the middle of the range.
Non-performing loans to total gross loans (%) in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 5.9% | — |
| 2016 | 4.1% | -29.6% |
| 2017 | 2.9% | -30.5% |
| 2018 | 2.5% | -12.2% |
| 2019 | 2.9% | +16.5% |
| 2020 | 2.9% | -0.9% |
| 2021 | 2.1% | -29.0% |
| 2022 | 1.4% | -32.1% |
| 2023 | 1.6% | +12.8% |
| 2024 | 2.0% | +28.5% |
Iceland compared with similar countries
- Iceland's 2.0% is below the median for high income countries, which is 2.1%, 97% of the median. (53 countries reporting)
- Iceland's 2.0% is below the median for Europe & Central Asia, which is 2.6%, 79% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.7% | 2.5% | 5.9% | 5 |
| 2020s | 2.0% | 1.4% | 2.9% | 5 |
Countries ranked near Iceland
More development goals data for Iceland
- Red List Index 0.8515 index (2025)
- Number of refugees per 100,000 population, by country of origin 4.27 per 100,000 people (2025)
- Manufacturing value added per capita 5,542 constant US$ (2025)
- Number of transboundary breeds 6 (2025)
- Number of transboundary breeds (not extinct) 6 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 4 (2025)
- Number of local breeds (not extinct) 10 (2025)
- Number of local breeds kept in the country 10 (2025)
- Infant deaths 9 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in Iceland?
- Non-performing loans to total gross loans in Iceland was 2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Iceland?
- The highest recorded value was 5.9% in 2015.
- What is the lowest non-performing loans to total gross loans recorded in Iceland?
- The lowest recorded value was 1.4% in 2022.
- How does Iceland rank for non-performing loans to total gross loans?
- Iceland ranks 117th out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Iceland?
- Over the last ten years it is down 65.3%. 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 to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under UN SDG Global Database (open, attribution requested).