Iceland - M2 Money Supply Growth 2023
8.32%
−0.55pp from 2022
Iceland's m2 money supply growth was 8.32% in 2023, decreased +0.55pp from 8.87% in 2022. This was the 67th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | -9.64% | -130.6% |
| 2nd | Burkina Faso | -2.88% | -222.2% |
| 3rd | United Kingdom | -2.63% | -130.6% |
| 4th | St. Kitts and Nevis | -1.85% | -149.6% |
| 5th | Sweden | -1.28% | -144.6% |
| 6th | Mali | -1.13% | -110.5% |
| 7th | Guinea-Bissau | -1.10% | -131.3% |
| 8th | Niger | -0.92% | -107.8% |
| 9th | Dominica | -0.45% | 64.2% |
| 10th | Benin | -0.39% | -103.0% |
| 11th | Norway | 0.43% | -92.2% |
| 12th | Aruba | 0.79% | -76.3% |
| 13th | Barbados | 0.94% | -82.5% |
| 14th | Kuwait | 1.01% | -84.4% |
| 15th | Macao SAR, China | 1.10% | -75.0% |
| 16th | Qatar | 1.14% | -93.4% |
| 17th | Uruguay | 1.34% | 178.0% |
| 18th | Grenada | 1.36% | -86.2% |
| 19th | Trinidad and Tobago | 1.40% | -25.3% |
| 20th | United States | 1.78% | 310.8% |
| 21st | Thailand | 1.95% | -49.7% |
| 22nd | Tonga | 1.99% | -44.8% |
| 23rd | Jordan | 2.09% | -61.2% |
| 24th | Japan | 2.16% | -4.9% |
| 25th | Albania | 2.35% | -51.8% |
| 26th | Chile | 2.61% | -31.1% |
| 27th | Brunei Darussalam | 2.69% | 114.9% |
| 28th | Timor-Leste | 2.71% | -68.5% |
| 29th | Côte d'Ivoire | 3.33% | -63.0% |
| 30th | Antigua and Barbuda | 3.34% | -27.3% |
| 31st | Indonesia | 3.50% | -58.1% |
| 32nd | Mozambique | 3.55% | -59.4% |
| 33rd | New Zealand | 3.56% | 94.5% |
| 34th | Hungary | 3.62% | -57.2% |
| 35th | St. Vincent and the Grenadines | 3.77% | 1,971.3% |
| 36th | Hong Kong SAR, China | 3.87% | 18.4% |
| 37th | Korea | 3.89% | -2.7% |
| 38th | Morocco | 3.91% | -51.2% |
| 39th | Australia | 3.93% | -49.8% |
| 40th | Israel | 4.64% | -20.0% |
| 41st | Denmark | 4.81% | -51.0% |
| 42nd | Costa Rica | 4.97% | 311.2% |
| 43rd | Ecuador | 5.22% | -48.5% |
| 44th | Azerbaijan | 5.25% | -77.8% |
| 45th | Seychelles | 5.73% | 846.9% |
| 46th | Malaysia | 5.83% | 45.9% |
| 47th | North Macedonia | 5.89% | 11.7% |
| 48th | Vanuatu | 5.95% | -18.8% |
| 49th | Algeria | 5.99% | -58.2% |
| 50th | São Tomé and Principe | 5.99% | -33.7% |
| 51st | Bhutan | 6.00% | -43.1% |
| 52nd | Guatemala | 6.06% | -13.5% |
| 53rd | Colombia | 6.08% | -41.6% |
| 54th | Solomon Islands | 6.13% | 16.4% |
| 55th | Cabo Verde | 6.27% | 8.1% |
| 56th | Togo | 6.68% | -56.5% |
| 57th | West Bank and Gaza | 6.80% | 5,544.2% |
| 58th | Maldives | 6.98% | 15.7% |
| 59th | Bangladesh | 7.01% | -6.5% |
| 60th | Mauritius | 7.27% | 38.2% |
| 61st | Iraq | 7.54% | -62.9% |
| 62nd | South Africa | 7.59% | -12.1% |
| 63rd | Bosnia and Herzegovina | 7.67% | 40.3% |
| 64th | Djibouti | 7.68% | 554.4% |
| 65th | Belize | 8.21% | 136.0% |
| 66th | Madagascar | 8.23% | -40.1% |
| 67th | Iceland | 8.32% | -6.2% |
| 68th | Poland | 8.54% | 62.7% |
| 69th | Bulgaria | 8.70% | -34.1% |
| 70th | Paraguay | 8.71% | 111.2% |
| 71st | Equatorial Guinea | 8.73% | -60.3% |
| 72nd | Fiji | 8.76% | 72.4% |
| 73rd | El Salvador | 8.88% | 91.1% |
| 74th | Tunisia | 8.95% | -2.0% |
| 75th | Gambia, The | 9.27% | 19.8% |
| 76th | Botswana | 9.35% | 37.8% |
| 77th | Comoros | 9.36% | 26.8% |
| 78th | Senegal | 9.61% | -55.5% |
| 79th | Congo, Republic of | 9.64% | 7.9% |
| 80th | Czechia | 9.73% | 59.4% |
| 81st | China | 9.85% | -15.6% |
| 82nd | Romania | 10.50% | 53.5% |
| 83rd | Uganda | 10.66% | 42.1% |
| 84th | Honduras | 10.97% | -11.5% |
| 85th | St. Lucia | 10.98% | 170.7% |
| 86th | Mexico | 11.02% | 50.4% |
| 87th | Kosovo | 11.28% | -3.4% |
| 88th | Kazakhstan | 11.68% | -16.2% |
| 89th | Jamaica | 11.86% | 39.2% |
| 90th | Montenegro | 11.97% | -47.8% |
| 91st | Uzbekistan | 12.16% | -59.7% |
| 92nd | Cambodia | 12.54% | 53.1% |
| 93rd | Serbia | 12.66% | 84.6% |
| 94th | Samoa | 13.68% | 86.5% |
| 95th | Tanzania | 14.06% | 20.8% |
| 96th | Dominican Republic | 14.48% | 160.1% |
| 97th | Nepal | 14.56% | 90.5% |
| 98th | Brazil | 14.69% | 15.2% |
| 99th | Georgia | 14.93% | 35.3% |
| 100th | Burundi | 15.45% | -58.4% |
| 101st | Pakistan | 16.25% | 119.3% |
| 102nd | Armenia | 17.40% | 8.0% |
| 103rd | Moldova | 18.32% | 247.5% |
| 104th | United Arab Emirates | 18.74% | 108.3% |
| 105th | Suriname | 19.62% | -58.1% |
| 106th | Kenya | 19.87% | 164.0% |
| 107th | Egypt, Arab Republic of | 19.92% | -26.6% |
| 108th | Guyana | 22.09% | 42.5% |
| 109th | Ukraine | 23.01% | 10.8% |
| 110th | Zambia | 24.58% | 0.3% |
| 111th | Rwanda | 24.76% | 8.1% |
| 112th | Mongolia | 26.83% | 315.0% |
| 113th | Malawi | 32.23% | -16.9% |
| 114th | Sierra Leone | 32.83% | -21.4% |
| 115th | Ghana | 37.41% | 16.8% |
| 116th | Angola | 37.76% | 2,772.4% |
| 117th | Tajikistan | 50.64% | 769.9% |
| 118th | South Sudan | 63.40% | -30.2% |
| 119th | Türkiye | 69.94% | 15.9% |
| 120th | Argentina | 158.55% | 80.8% |
| 121st | Zimbabwe | 708.93% | 80.9% |
FAQ
What was Iceland's m2 money supply growth in 2023?▾
Iceland's m2 money supply growth in 2023 was 8.32%. This ranked 67th globally.
How did Iceland's m2 money supply growth change in 2023?▾
Iceland's m2 money supply growth decreased by 6.2% in 2023 compared to 2022.
Which country had the highest m2 money supply growth in 2023?▾
Zimbabwe had the highest m2 money supply growth in 2023 at 708.93%.
What is the m2 money supply growth of Iceland in 2023?▾
The m2 money supply growth of Iceland in 2023 was 8.32%. This ranked 67th globally.
How does 2023 compare to 2022 for Iceland's m2 money supply growth?▾
Iceland's m2 money supply growth went from 8.87% in 2022 to 8.32% in 2023, a 6.2% decrease.
Related
2022
2024
All years
Full ranking 2023
Lending Rate
Deposit Rate
Real Interest Rate
Credit to GDP
Non-Performing Loans
Peak: 1983
Lowest: 2010
M2 Money Supply Growth 1990s
M2 Money Supply Growth 2000s
M2 Money Supply Growth 2010s
M2 Money Supply Growth 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO M2 Money Supply Growth
OECD M2 Money Supply Growth
Global Ranking