Iceland - Credit to GDP 1987
34.28%
+2.36% from 1986
Iceland's credit to gdp was 34.28% in 1987, increased +2.36% from 31.92% in 1986. This was the 69th highest globally.
Global Ranking - 1987▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liberia | 0.20% | 4.7% |
| 2nd | Tanzania | 1.16% | 40.5% |
| 3rd | Bhutan | 2.62% | -6.3% |
| 4th | Sierra Leone | 2.74% | -49.3% |
| 5th | Congo, Democratic Republic of | 2.83% | 26.8% |
| 6th | Ghana | 3.15% | -13.1% |
| 7th | Burundi | 4.34% | -2.5% |
| 8th | Myanmar | 4.36% | -14.4% |
| 9th | Comoros | 5.05% | 12.8% |
| 10th | Malawi | 5.39% | -26.9% |
| 11th | Seychelles | 6.23% | -9.8% |
| 12th | Guinea-Bissau | 6.43% | -14.0% |
| 13th | Nigeria | 6.60% | -12.8% |
| 14th | Syrian Arab Republic | 7.02% | -7.6% |
| 15th | Peru | 7.49% | -11.6% |
| 16th | Rwanda | 7.92% | 0.4% |
| 17th | Botswana | 7.92% | -4.5% |
| 18th | Central African Republic | 8.16% | -0.8% |
| 19th | Nepal | 10.45% | -1.2% |
| 20th | Sudan | 10.46% | 0.0% |
| 21st | Somalia, Fed. Rep. | 10.97% | 218.3% |
| 22nd | Paraguay | 11.46% | -10.8% |
| 23rd | Gambia, The | 11.97% | -20.7% |
| 24th | Haiti | 12.65% | 9.5% |
| 25th | Mali | 13.05% | -3.4% |
| 26th | Bangladesh | 13.21% | 3.7% |
| 27th | Philippines | 14.03% | 7.5% |
| 28th | Burkina Faso | 14.47% | 4.1% |
| 29th | Madagascar | 14.54% | 0.7% |
| 30th | Lesotho | 14.73% | 13.5% |
| 31st | Bolivia, Plurinational State of | 15.40% | 20.1% |
| 32nd | Zimbabwe | 15.71% | 29.4% |
| 33rd | Niger | 16.13% | -7.2% |
| 34th | Eswatini | 17.39% | 8.0% |
| 35th | Togo | 18.19% | 3.3% |
| 36th | Saudi Arabia | 18.32% | -0.4% |
| 37th | Kenya | 18.42% | -4.6% |
| 38th | Mauritania | 19.35% | -2.2% |
| 39th | Belize | 19.75% | 2.7% |
| 40th | Sri Lanka | 20.19% | -0.8% |
| 41st | Senegal | 20.70% | -1.3% |
| 42nd | Cabo Verde | 20.87% | 13.1% |
| 43rd | Chad | 21.21% | 4.6% |
| 44th | Argentina | 21.30% | 26.0% |
| 45th | Iran, Islamic Republic of | 21.55% | -5.4% |
| 46th | Dominica | 22.82% | -3.3% |
| 47th | Oman | 22.92% | -4.9% |
| 48th | India | 25.38% | -1.6% |
| 49th | Colombia | 25.49% | -28.5% |
| 50th | Libya | 25.76% | 3.5% |
| 51st | Cameroon | 25.87% | 7.7% |
| 52nd | Benin | 26.58% | -7.3% |
| 53rd | Equatorial Guinea | 26.79% | -15.2% |
| 54th | Congo, Republic of | 27.07% | -14.6% |
| 55th | Pakistan | 27.64% | -7.2% |
| 56th | St. Vincent and the Grenadines | 27.87% | 11.9% |
| 57th | Jamaica | 28.07% | 16.0% |
| 58th | Egypt, Arab Republic of | 28.90% | -1.1% |
| 59th | Mauritius | 29.03% | 5.4% |
| 60th | Tonga | 29.43% | 19.0% |
| 61st | Gabon | 29.74% | 4.2% |
| 62nd | Vanuatu | 30.21% | 2.3% |
| 63rd | St. Lucia | 30.83% | 2.4% |
| 64th | Solomon Islands | 30.91% | -6.2% |
| 65th | St. Kitts and Nevis | 31.78% | 9.2% |
| 66th | Grenada | 32.51% | 8.3% |
| 67th | Barbados | 32.97% | 3.6% |
| 68th | Guyana | 34.25% | -10.0% |
| 69th | Iceland | 34.28% | 7.4% |
| 70th | Bahrain | 34.34% | -20.8% |
| 71st | Trinidad and Tobago | 35.50% | 3.5% |
| 72nd | Uruguay | 37.05% | -20.8% |
| 73rd | Côte d'Ivoire | 37.94% | 12.0% |
| 74th | Antigua and Barbuda | 38.20% | 18.7% |
| 75th | Sweden | 39.20% | 5.1% |
| 76th | Suriname | 39.44% | -3.4% |
| 77th | Aruba | 39.44% | -0.1% |
| 78th | Australia | 42.72% | 6.2% |
| 79th | Bahamas, The | 42.75% | 7.8% |
| 80th | Qatar | 44.10% | 1.0% |
| 81st | Korea | 44.54% | 1.2% |
| 82nd | Israel | 46.18% | 5.8% |
| 83rd | Denmark | 49.72% | -9.3% |
| 84th | Hungary | 50.91% | -2.7% |
| 85th | Tunisia | 52.22% | -4.0% |
| 86th | Djibouti | 54.85% | -2.0% |
| 87th | Macao SAR, China | 56.02% | -8.3% |
| 88th | Jordan | 59.24% | 2.4% |
| 89th | Canada | 64.09% | 1.2% |
| 90th | South Africa | 65.23% | 0.6% |
| 91st | Algeria | 67.53% | -2.6% |
| 92nd | China | 77.90% | 2.7% |
| 93rd | Singapore | 80.58% | -4.5% |
| 94th | United Kingdom | 82.77% | 6.6% |
| 95th | Kuwait | 83.02% | -11.3% |
| 96th | Malaysia | 89.58% | -11.7% |
| 97th | United States | 112.62% | 2.2% |
| 98th | Switzerland | 130.67% | 5.3% |
| 99th | Japan | 164.60% | 10.5% |
FAQ
What was Iceland's credit to gdp in 1987?▾
Iceland's credit to gdp in 1987 was 34.28%. This ranked 69th globally.
How did Iceland's credit to gdp change in 1987?▾
Iceland's credit to gdp increased by 7.4% in 1987 compared to 1986.
Which country had the highest credit to gdp in 1987?▾
Japan had the highest credit to gdp in 1987 at 164.60%.
What is the credit to gdp of Iceland in 1987?▾
The credit to gdp of Iceland in 1987 was 34.28%. This ranked 69th globally.
How does 1987 compare to 1986 for Iceland's credit to gdp?▾
Iceland's credit to gdp went from 31.92% in 1986 to 34.28% in 1987, a 7.4% increase.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →
Related
1986
1988
All years
Full ranking 1987
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2006
Lowest: 1978
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Credit to GDP
OECD Credit to GDP
Global Ranking