Iceland - Foreign Reserves 1988
$310.8M
−$24.2M from 1987
Iceland's foreign reserves was $310.8M in 1988, decreased +$24.2M from $335.0M in 1987. This was the 75th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $144.2B | -10.9% |
| 2nd | Japan | $106.7B | 15.1% |
| 3rd | Germany | $97.6B | -21.8% |
| 4th | Italy | $62.1B | -0.7% |
| 5th | France | $58.9B | -18.9% |
| 6th | Switzerland | $58.4B | -13.9% |
| 7th | United Kingdom | $51.9B | 1.9% |
| 8th | Spain | $42.8B | 17.6% |
| 9th | Netherlands | $34.1B | -8.5% |
| 10th | China | $23.8B | 5.8% |
| 11th | Belgium | $23.1B | -10.6% |
| 12th | Saudi Arabia | $22.4B | -9.9% |
| 13th | Canada | $22.4B | 38.0% |
| 14th | Singapore | $17.1B | 12.1% |
| 15th | Australia | $16.9B | 33.9% |
| 16th | Austria | $16.0B | -9.7% |
| 17th | Norway | $13.8B | -7.4% |
| 18th | Korea | $12.5B | 233.8% |
| 19th | Portugal | $11.7B | -10.1% |
| 20th | Denmark | $11.4B | 5.3% |
| 21st | Sweden | $11.0B | -1.2% |
| 22nd | India | $9.2B | -20.2% |
| 23rd | Brazil | $9.1B | 12.0% |
| 24th | Malaysia | $7.5B | -12.6% |
| 25th | Finland | $7.2B | -2.6% |
| 26th | Thailand | $7.1B | 36.6% |
| 27th | Iraq | $6.7B | -0.1% |
| 28th | Mexico | $6.3B | -53.8% |
| 29th | Indonesia | $6.3B | -10.9% |
| 30th | Libya | $5.8B | -23.5% |
| 31st | Ireland | $5.2B | 5.3% |
| 32nd | Argentina | $5.2B | 38.1% |
| 33rd | Greece | $5.0B | 16.6% |
| 34th | United Arab Emirates | $4.8B | -6.9% |
| 35th | Lebanon | $4.8B | -1.5% |
| 36th | Israel | $4.4B | -30.4% |
| 37th | Türkiye | $3.9B | 7.8% |
| 38th | Chile | $3.9B | 15.6% |
| 39th | Colombia | $3.7B | 8.3% |
| 40th | Algeria | $3.2B | -26.5% |
| 41st | Kuwait | $3.0B | -44.8% |
| 42nd | New Zealand | $2.8B | -13.0% |
| 43rd | Egypt, Arab Republic of | $2.3B | -11.5% |
| 44th | Poland | $2.2B | 30.5% |
| 45th | Botswana | $2.2B | 10.1% |
| 46th | South Africa | $2.2B | -36.4% |
| 47th | Philippines | $2.2B | -6.2% |
| 48th | Hungary | $2.1B | -12.7% |
| 49th | Uruguay | $1.6B | -10.6% |
| 50th | Malta | $1.6B | -5.1% |
| 51st | Romania | $1.4B | -33.4% |
| 52nd | Bahrain | $1.3B | 7.5% |
| 53rd | Peru | $1.2B | -11.5% |
| 54th | Pakistan | $1.2B | -17.2% |
| 55th | Oman | $1.2B | -24.0% |
| 56th | Cyprus | $1.1B | 1.9% |
| 57th | Bangladesh | $1.1B | 22.9% |
| 58th | Tunisia | $975.9M | 58.5% |
| 59th | Nigeria | $933.0M | -37.7% |
| 60th | Morocco | $836.3M | 11.2% |
| 61st | Qatar | $835.7M | -18.2% |
| 62nd | Costa Rica | $676.7M | 30.3% |
| 63rd | Afghanistan | $657.0M | -12.0% |
| 64th | Ecuador | $567.6M | -17.9% |
| 65th | Syrian Arab Republic | $534.8M | -14.6% |
| 66th | Bolivia, Plurinational State of | $472.6M | -10.9% |
| 67th | Mauritius | $463.2M | 28.1% |
| 68th | Papua New Guinea | $419.3M | -10.3% |
| 69th | Guatemala | $415.7M | -23.1% |
| 70th | Jordan | $414.4M | -54.5% |
| 71st | Congo, Democratic Republic of | $371.6M | -10.9% |
| 72nd | El Salvador | $354.1M | -14.3% |
| 73rd | Zimbabwe | $340.7M | -8.0% |
| 74th | Paraguay | $338.0M | -34.3% |
| 75th | Iceland | $310.8M | -7.2% |
| 76th | Ghana | $310.3M | -6.4% |
| 77th | Kenya | $296.5M | 0.7% |
| 78th | Nepal | $282.8M | 12.5% |
| 79th | Dominican Republic | $261.4M | 36.9% |
| 80th | Sri Lanka | $247.7M | -20.0% |
| 81st | Fiji | $233.7M | 76.3% |
| 82nd | Madagascar | $223.7M | 20.8% |
| 83rd | Macao SAR, China | $221.4M | 27.2% |
| 84th | Luxembourg | $217.2M | -13.3% |
| 85th | Cameroon | $188.2M | 140.4% |
| 86th | Myanmar | $180.5M | 21.3% |
| 87th | Mozambique | $173.6M | 47.1% |
| 88th | Bahamas, The | $172.0M | 1.1% |
| 89th | Nicaragua | $166.1M | 46.6% |
| 90th | Malawi | $150.8M | 159.9% |
| 91st | Trinidad and Tobago | $149.2M | -30.2% |
| 92nd | Jamaica | $147.2M | -15.6% |
| 93rd | Eswatini | $140.0M | 10.1% |
| 94th | Zambia | $139.4M | 25.8% |
| 95th | Barbados | $137.9M | -6.9% |
| 96th | Aruba | $131.9M | 3.8% |
| 97th | Rwanda | $118.8M | -28.2% |
| 98th | Central African Republic | $113.0M | 10.7% |
| 99th | Bhutan | $95.7M | 10.0% |
| 100th | Cabo Verde | $81.3M | 0.7% |
| 101st | Tanzania | $77.7M | 144.4% |
| 102nd | Burundi | $76.4M | 10.7% |
| 103rd | Gabon | $72.6M | 301.2% |
| 104th | Panama | $72.2M | -7.2% |
| 105th | Chad | $67.6M | 17.7% |
| 106th | Djibouti | $64.4M | 1.3% |
| 107th | Mauritania | $60.3M | -22.1% |
| 108th | Honduras | $56.6M | -50.3% |
| 109th | Lesotho | $56.3M | -16.7% |
| 110th | Belize | $51.7M | 41.9% |
| 111th | Uganda | $49.3M | -9.7% |
| 112th | Samoa | $49.2M | 32.3% |
| 113th | Vanuatu | $40.7M | 1.2% |
| 114th | Solomon Islands | $39.6M | 7.8% |
| 115th | Suriname | $34.7M | -15.8% |
| 116th | St. Lucia | $32.7M | 6.0% |
| 117th | Tonga | $30.5M | 5.6% |
| 118th | Antigua and Barbuda | $28.0M | 9.5% |
| 119th | Comoros | $23.8M | -23.2% |
| 120th | Somalia, Fed. Rep. | $23.2M | 39.6% |
| 121st | St. Vincent and the Grenadines | $21.8M | 7.9% |
| 122nd | Maldives | $21.6M | 163.4% |
| 123rd | Haiti | $20.4M | -20.5% |
| 124th | Gambia, The | $19.0M | -26.0% |
| 125th | Grenada | $16.9M | -25.6% |
| 126th | Dominica | $14.1M | -23.7% |
| 127th | Sudan | $12.1M | 3.4% |
| 128th | St. Kitts and Nevis | $10.3M | -2.2% |
| 129th | Congo, Republic of | $9.3M | 5.5% |
| 130th | Seychelles | $8.7M | -36.5% |
| 131st | Sierra Leone | $7.4M | 17.4% |
| 132nd | Equatorial Guinea | $5.5M | 867.9% |
| 133rd | Guyana | $4.0M | -52.1% |
| 134th | Lao PDR | $640,884 | - |
| 135th | Liberia | $380,371 | -25.4% |
FAQ
What was Iceland's foreign reserves in 1988?▾
Iceland's foreign reserves in 1988 was $310.8M. This ranked 75th globally.
How did Iceland's foreign reserves change in 1988?▾
Iceland's foreign reserves decreased by 7.2% in 1988 compared to 1987.
Which country had the highest foreign reserves in 1988?▾
United States had the highest foreign reserves in 1988 at $144.2B.
What is the foreign reserves of Iceland in 1988?▾
The foreign reserves of Iceland in 1988 was $310.8M. This ranked 75th globally.
How does 1988 compare to 1987 for Iceland's foreign reserves?▾
Iceland's foreign reserves went from $335.0M in 1987 to $310.8M in 1988, a 7.2% decrease.
Related
1987
1989
All years
Full ranking 1988
Exchange Rate
Real Effective Exchange Rate
Reserves in Months of Imports
Peak: 2011
Lowest: 1960
Foreign Reserves 1990s
Foreign Reserves 2000s
Foreign Reserves 2010s
Foreign Reserves 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Foreign Reserves
OECD Foreign Reserves
Global Ranking