Asset-backed pensions - main database — Net technical provisions in Iceland
Iceland: Asset-backed pensions - main database — Net technical provisions was 1.28 Percentage change in 2016. ▼ Falling
Asset-backed pensions - main database — Net technical provisions in Iceland, 2009–2016
Source: Organisation for Economic Co-operation and Development. Measured in Percentage change.
Analysis
Iceland recorded 1.28 Percentage change for asset-backed pensions - main database — net technical provisions in 2016. That is the lowest value across all 8 years on record.
That represents a change of down 88.0% on the previous year and down 85.3% over ten years.
Asset-backed pensions - main database — Net technical provisions in Iceland, year by year
| Year | Percentage change | Change |
|---|---|---|
| 2009 | 8.72 Percentage change | — |
| 2010 | 2.6 Percentage change | -70.2% |
| 2011 | 8.52 Percentage change | +227.8% |
| 2012 | 9.42 Percentage change | +10.6% |
| 2013 | 6.98 Percentage change | -25.9% |
| 2014 | 6.18 Percentage change | -11.5% |
| 2015 | 10.67 Percentage change | +72.6% |
| 2016 | 1.28 Percentage change | -88.0% |
Iceland compared with similar countries
- Iceland's 1.28 Percentage change is below the median for Europe & Central Asia, which is 2.56 Percentage change, 50% of the median. (13 countries reporting)
- Iceland's 1.28 Percentage change is below the median for high income countries, which is 2.56 Percentage change, 50% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.72 Percentage change | 8.72 Percentage change | 8.72 Percentage change | 1 |
| 2010s | 6.52 Percentage change | 1.28 Percentage change | 10.67 Percentage change | 7 |
Countries ranked near Iceland
- 9 Indonesia 3.65 Percentage change
- 10 Liechtenstein 2.56 Percentage change compare
- 11 Germany 2.11 Percentage change compare
- 13 Luxembourg 1.04 Percentage change compare
- 14 Guyana -4.13 Percentage change
- 15 Czechia -4.46 Percentage change compare
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is asset-backed pensions - main database — net technical provisions in Iceland?
- Asset-backed pensions - main database — net technical provisions in Iceland was 1.28 Percentage change in 2016, according to Organisation for Economic Co-operation and Development.
- What is the highest asset-backed pensions - main database — net technical provisions recorded in Iceland?
- The highest recorded value was 10.67 Percentage change in 2015.
- What is the lowest asset-backed pensions - main database — net technical provisions recorded in Iceland?
- The lowest recorded value was 1.28 Percentage change in 2016.
- How does Iceland rank for asset-backed pensions - main database — net technical provisions?
- Iceland ranks 12th out of 19 countries with data for 2016.
- Is asset-backed pensions - main database — net technical provisions rising or falling in Iceland?
- Over the last ten years it is down 85.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Asset-backed pensions - main database — Net technical provisions. Statizoid updates them automatically from the source API.
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About this data
This database on asset-backed pensions is based on data collected through the OECD Global Pension Statistics exercise. Data come from various administrative sources, mainly: pension supervisory authorities, financial market authorities, ministries of finance, or national statistical offices. Data cover all asset-backed pension arrangements where assets are accumulated to back future benefit payments, except reserves of public (pay-as-you-go) pension arrangements. Asset-backed pension plans may be financed through different vehicles (such as pension funds, pension insurance contracts, bank or investment company managed funds), publicly or privately administered, mandatory or voluntary, occupational or personal, defined benefit (DB) or defined contribution (DC), for public or private-sector workers. Employers’ book reserves are also in the scope. This database includes various statistics and indicators on asset-backed pensions such as the amount of assets earmarked for retirement, the liabilities of pension providers, their revenues, their expenditure, the number of funds and plans, as well as plan membership. These statistics and indicators can be split by type of financing vehicle and type of plan.