Iceland - Credit to GDP 2025
86.20%
−4.71% from 2024
Iceland's credit to gdp was 86.20% in 2025, decreased +4.71% from 90.90% in 2024. This was the 23rd highest globally.
Global Ranking - 2025▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hong Kong SAR, China | 232.54% | 0.7% |
| 2nd | China | 197.50% | 1.7% |
| 3rd | Japan | 196.58% | -0.1% |
| 4th | United States | 185.66% | -7.6% |
| 5th | Korea | 164.70% | 2.7% |
| 6th | Thailand | 146.29% | -1.1% |
| 7th | Viet Nam | 143.43% | 14.8% |
| 8th | Cambodia | 137.68% | 10.4% |
| 9th | Denmark | 136.76% | -5.1% |
| 10th | New Zealand | 134.87% | -4.5% |
| 11th | Australia | 123.15% | -4.8% |
| 12th | Sweden | 123.14% | -1.9% |
| 13th | Norway | 109.70% | -14.9% |
| 14th | Malaysia | 107.79% | -7.2% |
| 15th | Fiji | 106.82% | -7.4% |
| 16th | Qatar | 105.72% | -11.4% |
| 17th | France | 103.98% | -3.4% |
| 18th | Macao SAR, China | 103.32% | -20.3% |
| 19th | United Kingdom | 102.50% | -9.0% |
| 20th | Chile | 99.40% | -3.9% |
| 21st | Nepal | 92.62% | 0.6% |
| 22nd | Finland | 88.79% | -3.5% |
| 23rd | Iceland | 86.20% | -5.2% |
| 24th | Morocco | 83.17% | 3.3% |
| 25th | Luxembourg | 80.84% | -5.1% |
| 26th | Jordan | 80.43% | 0.3% |
| 27th | Honduras | 79.15% | 1.2% |
| 28th | Germany | 78.90% | 2.1% |
| 29th | Austria | 78.77% | -3.7% |
| 30th | Netherlands | 76.84% | -6.7% |
| 31st | Brazil | 75.79% | 0.2% |
| 32nd | Israel | 73.21% | 5.3% |
| 33rd | South Africa | 71.83% | -20.5% |
| 34th | European Union | 70.59% | -6.6% |
| 35th | Portugal | 68.26% | -11.6% |
| 36th | United Arab Emirates | 67.86% | 3.7% |
| 37th | Samoa | 66.52% | -4.9% |
| 38th | West Bank and Gaza | 66.27% | -3.3% |
| 39th | Belgium | 65.71% | -3.5% |
| 40th | Spain | 63.30% | -14.7% |
| 41st | St. Kitts and Nevis | 63.02% | -1.1% |
| 42nd | Namibia | 62.02% | 1.6% |
| 43rd | Kosovo | 61.26% | 0.4% |
| 44th | El Salvador | 61.22% | -2.0% |
| 45th | Georgia | 61.20% | -10.1% |
| 46th | Mauritius | 60.55% | -13.3% |
| 47th | Cabo Verde | 59.92% | 6.4% |
| 48th | Tunisia | 59.53% | -1.8% |
| 49th | Slovak Republic | 59.03% | -1.0% |
| 50th | Malta | 58.54% | -5.5% |
| 51st | Ecuador | 58.07% | 3.4% |
| 52nd | Estonia | 57.79% | -4.5% |
| 53rd | Bhutan | 57.29% | 10.4% |
| 54th | Paraguay | 57.14% | -0.6% |
| 55th | Bolivia, Plurinational State of | 56.05% | -5.4% |
| 56th | Armenia | 54.67% | -15.1% |
| 57th | Aruba | 54.55% | -3.8% |
| 58th | Barbados | 54.47% | -8.8% |
| 59th | Italy | 53.12% | -12.0% |
| 60th | Vanuatu | 52.71% | -6.4% |
| 61st | Oman | 52.46% | -12.2% |
| 62nd | North Macedonia | 52.17% | -3.3% |
| 63rd | Grenada | 50.61% | -7.7% |
| 64th | Peru | 50.32% | 10.2% |
| 65th | Burundi | 48.99% | 31.1% |
| 66th | Philippines | 47.97% | -3.7% |
| 67th | Costa Rica | 47.95% | -7.7% |
| 68th | Trinidad and Tobago | 46.23% | -4.4% |
| 69th | Czechia | 46.01% | -4.2% |
| 70th | Bulgaria | 43.93% | -6.7% |
| 71st | Bosnia and Herzegovina | 43.51% | -9.8% |
| 72nd | Croatia | 41.87% | -10.6% |
| 73rd | Jamaica | 41.68% | -7.6% |
| 74th | Cyprus | 38.44% | -32.1% |
| 75th | St. Lucia | 38.35% | -24.4% |
| 76th | Guatemala | 37.41% | 1.7% |
| 77th | Montenegro | 37.36% | -17.5% |
| 78th | Dominica | 36.33% | -7.8% |
| 79th | Timor-Leste | 36.01% | 3.5% |
| 80th | Greece | 35.80% | -26.2% |
| 81st | Belize | 35.75% | -13.4% |
| 82nd | Colombia | 35.70% | -9.7% |
| 83rd | Bangladesh | 35.69% | -0.3% |
| 84th | Brunei Darussalam | 35.52% | -5.8% |
| 85th | Indonesia | 35.01% | -3.8% |
| 86th | Solomon Islands | 34.97% | 3.8% |
| 87th | Lithuania | 34.57% | -3.9% |
| 88th | Uzbekistan | 34.20% | 3.0% |
| 89th | Mongolia | 34.20% | -11.4% |
| 90th | Tonga | 34.09% | -2.0% |
| 91st | St. Vincent and the Grenadines | 33.79% | -7.8% |
| 92nd | Slovenia | 33.20% | -6.3% |
| 93rd | Mexico | 32.82% | -5.1% |
| 94th | Türkiye | 32.25% | -25.0% |
| 95th | Kenya | 31.85% | 0.2% |
| 96th | Dominican Republic | 31.52% | -1.2% |
| 97th | Albania | 31.51% | -7.5% |
| 98th | Antigua and Barbuda | 31.43% | -18.5% |
| 99th | Senegal | 30.83% | 5.5% |
| 100th | Hungary | 30.70% | -5.4% |
| 101st | Uruguay | 30.65% | -1.4% |
| 102nd | Nicaragua | 30.01% | 0.9% |
| 103rd | Egypt, Arab Republic of | 29.71% | 7.8% |
| 104th | Burkina Faso | 29.59% | 9.0% |
| 105th | Serbia | 28.79% | -11.8% |
| 106th | Maldives | 28.24% | -20.9% |
| 107th | Botswana | 28.01% | -14.9% |
| 108th | Poland | 27.81% | -17.2% |
| 109th | Moldova | 27.43% | -6.5% |
| 110th | Kazakhstan | 27.00% | -1.0% |
| 111th | Latvia | 26.98% | -8.7% |
| 112th | Lesotho | 26.23% | 2.5% |
| 113th | Togo | 25.24% | -0.4% |
| 114th | Azerbaijan | 23.63% | -10.5% |
| 115th | Mali | 23.33% | 4.1% |
| 116th | Djibouti | 23.04% | -0.3% |
| 117th | Côte d'Ivoire | 22.81% | 1.3% |
| 118th | Romania | 21.86% | -3.8% |
| 119th | Eswatini | 21.75% | 0.6% |
| 120th | Rwanda | 21.28% | -5.9% |
| 121st | Ireland | 21.14% | -11.1% |
| 122nd | Benin | 20.13% | 6.1% |
| 123rd | Kyrgyz Republic | 19.60% | -15.4% |
| 124th | Comoros | 19.49% | 6.3% |
| 125th | Tanzania | 18.36% | 9.6% |
| 126th | Madagascar | 17.25% | 3.6% |
| 127th | Mozambique | 15.63% | -11.2% |
| 128th | Algeria | 15.59% | -18.1% |
| 129th | Argentina | 14.73% | -2.6% |
| 130th | Uganda | 14.70% | 2.8% |
| 131st | Papua New Guinea | 14.43% | -12.6% |
| 132nd | Suriname | 14.29% | -16.0% |
| 133rd | Ukraine | 13.70% | -26.5% |
| 134th | Congo, Republic of | 13.54% | -1.8% |
| 135th | Iraq | 12.90% | -7.5% |
| 136th | Central African Republic | 12.86% | -1.4% |
| 137th | Congo, Democratic Republic of | 12.23% | 8.3% |
| 138th | Liberia | 11.58% | -21.7% |
| 139th | Tajikistan | 10.99% | -10.1% |
| 140th | Guinea-Bissau | 10.78% | 1.5% |
| 141st | Pakistan | 10.60% | -7.5% |
| 142nd | Niger | 10.21% | 0.1% |
| 143rd | Zambia | 9.89% | -23.8% |
| 144th | Gambia, The | 9.72% | 11.4% |
| 145th | Nigeria | 9.47% | -1.0% |
| 146th | Ghana | 9.06% | -4.1% |
| 147th | Libya | 8.85% | -32.2% |
| 148th | Malawi | 8.68% | 12.0% |
| 149th | Zimbabwe | 8.14% | 25.7% |
| 150th | Guyana | 7.21% | -51.8% |
| 151st | Angola | 5.58% | -23.3% |
| 152nd | South Sudan | 4.00% | 31.3% |
| 153rd | Sierra Leone | 3.63% | -8.5% |
| 154th | Haiti | 3.25% | -21.0% |
| 155th | Sudan | 2.74% | -51.3% |
| 156th | São Tomé and Principe | 1.59% | -79.6% |
| 157th | Equatorial Guinea | 1.13% | -80.9% |
| 158th | Somalia, Fed. Rep. | 0.00% | 5.2% |
FAQ
What was Iceland's credit to gdp in 2025?▾
Iceland's credit to gdp in 2025 was 86.20%. This ranked 23rd globally.
How did Iceland's credit to gdp change in 2025?▾
Iceland's credit to gdp decreased by 5.2% in 2025 compared to 2024.
Which country had the highest credit to gdp in 2025?▾
Hong Kong SAR, China had the highest credit to gdp in 2025 at 232.54%.
What is the credit to gdp of Iceland in 2025?▾
The credit to gdp of Iceland in 2025 was 86.20%. This ranked 23rd globally.
How does 2025 compare to 2024 for Iceland's credit to gdp?▾
Iceland's credit to gdp went from 90.90% in 2024 to 86.20% in 2025, a 5.2% decrease.
Related
2024
All years
Full ranking 2025
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