Iceland - Credit to GDP 1989
44.29%
+6.07% from 1988
Iceland's credit to gdp was 44.29% in 1989, increased +6.07% from 38.22% in 1988. This was the 77th highest globally.
Global Ranking - 1989▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liberia | 0.34% | 117.9% |
| 2nd | Lao PDR | 1.06% | - |
| 3rd | Congo, Democratic Republic of | 2.00% | -16.0% |
| 4th | Myanmar | 2.62% | -28.8% |
| 5th | Bhutan | 4.47% | 46.3% |
| 6th | Sierra Leone | 4.83% | 38.1% |
| 7th | Nigeria | 5.09% | -16.1% |
| 8th | Sudan | 5.13% | -26.4% |
| 9th | Ghana | 5.84% | 86.2% |
| 10th | Malawi | 6.00% | 18.4% |
| 11th | Comoros | 6.05% | -11.7% |
| 12th | Chad | 6.43% | -8.6% |
| 13th | Guinea-Bissau | 6.78% | 4.3% |
| 14th | Botswana | 7.00% | 5.5% |
| 15th | Burundi | 7.01% | 17.6% |
| 16th | Seychelles | 7.20% | 16.3% |
| 17th | Central African Republic | 7.54% | 3.2% |
| 18th | Syrian Arab Republic | 7.69% | 18.6% |
| 19th | Peru | 8.28% | -6.6% |
| 20th | Rwanda | 9.22% | 2.4% |
| 21st | Mali | 9.36% | 7.3% |
| 22nd | Tanzania | 9.68% | 787.9% |
| 23rd | Gambia, The | 11.02% | -6.8% |
| 24th | Madagascar | 11.43% | -2.2% |
| 25th | Niger | 12.96% | -17.9% |
| 26th | Nepal | 13.05% | 10.7% |
| 27th | Paraguay | 13.31% | -1.9% |
| 28th | Haiti | 13.35% | 13.2% |
| 29th | Congo, Republic of | 14.73% | -9.3% |
| 30th | Somalia, Fed. Rep. | 14.84% | 44.0% |
| 31st | Lesotho | 14.85% | -0.6% |
| 32nd | Philippines | 15.23% | 7.6% |
| 33rd | Gabon | 15.48% | -7.6% |
| 34th | Bangladesh | 15.97% | 10.8% |
| 35th | Togo | 16.00% | -7.3% |
| 36th | Burkina Faso | 16.45% | 10.4% |
| 37th | Cabo Verde | 17.24% | 18.5% |
| 38th | Eswatini | 18.67% | 10.6% |
| 39th | Kenya | 19.22% | 1.6% |
| 40th | Mauritania | 19.36% | -1.2% |
| 41st | Sri Lanka | 20.18% | -7.4% |
| 42nd | Saudi Arabia | 20.52% | -3.8% |
| 43rd | Bolivia, Plurinational State of | 20.71% | 20.8% |
| 44th | Benin | 21.58% | -24.4% |
| 45th | Senegal | 21.78% | -3.6% |
| 46th | Iran, Islamic Republic of | 22.71% | 6.5% |
| 47th | Oman | 22.86% | -3.6% |
| 48th | Belize | 23.53% | 0.2% |
| 49th | Pakistan | 24.91% | -5.5% |
| 50th | Cameroon | 25.07% | 2.8% |
| 51st | Zimbabwe | 25.08% | 29.1% |
| 52nd | Egypt, Arab Republic of | 26.53% | -5.7% |
| 53rd | India | 26.59% | 5.2% |
| 54th | Equatorial Guinea | 27.66% | 12.3% |
| 55th | Guyana | 28.30% | -37.6% |
| 56th | Bahrain | 29.20% | -6.0% |
| 57th | Vanuatu | 31.28% | 1.1% |
| 58th | Libya | 31.81% | -2.0% |
| 59th | Mauritius | 32.61% | 4.5% |
| 60th | St. Vincent and the Grenadines | 32.74% | 11.3% |
| 61st | Trinidad and Tobago | 33.65% | -1.4% |
| 62nd | Dominica | 34.31% | 23.1% |
| 63rd | Côte d'Ivoire | 35.55% | -5.6% |
| 64th | Jamaica | 35.62% | 12.2% |
| 65th | Barbados | 35.76% | 4.4% |
| 66th | Uruguay | 36.33% | -5.2% |
| 67th | Grenada | 37.82% | 13.5% |
| 68th | Antigua and Barbuda | 38.13% | 2.7% |
| 69th | Tonga | 39.08% | 7.9% |
| 70th | Solomon Islands | 39.25% | 13.6% |
| 71st | St. Lucia | 39.53% | 14.2% |
| 72nd | Argentina | 39.72% | 95.3% |
| 73rd | Suriname | 42.78% | 5.8% |
| 74th | St. Kitts and Nevis | 43.09% | 18.1% |
| 75th | Aruba | 43.36% | -1.0% |
| 76th | Bahamas, The | 43.49% | -1.2% |
| 77th | Iceland | 44.29% | 15.9% |
| 78th | Qatar | 44.69% | 6.0% |
| 79th | Hungary | 45.13% | 0.6% |
| 80th | Korea | 47.24% | 10.8% |
| 81st | Israel | 49.22% | 1.7% |
| 82nd | Sweden | 50.27% | 9.4% |
| 83rd | Denmark | 50.80% | 6.1% |
| 84th | Djibouti | 52.94% | 0.5% |
| 85th | Tunisia | 58.94% | 14.6% |
| 86th | Australia | 59.18% | 26.8% |
| 87th | Algeria | 63.19% | -7.3% |
| 88th | Macao SAR, China | 63.60% | 6.6% |
| 89th | Jordan | 64.66% | 3.5% |
| 90th | Lebanon | 65.55% | 20.2% |
| 91st | South Africa | 69.14% | 3.6% |
| 92nd | Canada | 69.80% | 5.4% |
| 93rd | Kuwait | 73.71% | -18.9% |
| 94th | China | 77.00% | 4.3% |
| 95th | Singapore | 79.54% | 4.2% |
| 96th | Malaysia | 95.65% | 10.6% |
| 97th | United Kingdom | 102.93% | 12.4% |
| 98th | United States | 117.54% | 3.4% |
| 99th | Brazil | 127.75% | 21.2% |
| 100th | Switzerland | 143.94% | 5.1% |
| 101st | Japan | 181.91% | 4.9% |
FAQ
What was Iceland's credit to gdp in 1989?▾
Iceland's credit to gdp in 1989 was 44.29%. This ranked 77th globally.
How did Iceland's credit to gdp change in 1989?▾
Iceland's credit to gdp increased by 15.9% in 1989 compared to 1988.
Which country had the highest credit to gdp in 1989?▾
Japan had the highest credit to gdp in 1989 at 181.91%.
What is the credit to gdp of Iceland in 1989?▾
The credit to gdp of Iceland in 1989 was 44.29%. This ranked 77th globally.
How does 1989 compare to 1988 for Iceland's credit to gdp?▾
Iceland's credit to gdp went from 38.22% in 1988 to 44.29% in 1989, a 15.9% increase.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1989. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 6.8%. View full analysis →
Related
1988
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Lending Rate
Deposit Rate
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Peak: 2006
Lowest: 1978
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