Net acquisition of financial assets in Iceland
Iceland: Net acquisition of financial assets was 66.86 billion current LCU in 2023. ◆ Volatile
Net acquisition of financial assets in Iceland, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net acquisition of financial assets in Iceland is 66.86 billion current LCU, measured in 2023.
The figure is up 25.9% on the previous year and up 235.2% over ten years.
Over the whole period, net acquisition of financial assets in Iceland peaked at 460.56 billion current LCU in 2008 and was at its lowest, -193.28 billion current LCU, in 2017.
That places Iceland 34th out of 134 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 4.05 billion current LCU | — |
| 1991 | -4.37 billion current LCU | -208.0% |
| 1992 | 5.15 billion current LCU | -217.8% |
| 1993 | 809.70 million current LCU | -84.3% |
| 1994 | 2.76 billion current LCU | +240.7% |
| 1995 | 5.87 billion current LCU | +112.6% |
| 1996 | 5.44 billion current LCU | -7.3% |
| 1997 | -440.30 million current LCU | -108.1% |
| 1998 | 6.99 billion current LCU | -1688.0% |
| 1999 | 12.31 billion current LCU | +76.1% |
| 2000 | 8.66 billion current LCU | -29.7% |
| 2001 | 50.88 billion current LCU | +487.6% |
| 2002 | 8.47 billion current LCU | -83.4% |
| 2003 | -13.82 billion current LCU | -263.3% |
| 2004 | 12.87 billion current LCU | -193.1% |
| 2005 | 8.88 billion current LCU | -31.0% |
| 2006 | 206.53 billion current LCU | +2226.5% |
| 2007 | 174.43 billion current LCU | -15.5% |
| 2008 | 460.56 billion current LCU | +164.0% |
| 2009 | 142.70 billion current LCU | -69.0% |
| 2010 | 124.51 billion current LCU | -12.7% |
| 2011 | 51.38 billion current LCU | -58.7% |
| 2012 | -44.13 billion current LCU | -185.9% |
| 2013 | -49.46 billion current LCU | +12.1% |
| 2014 | 33.41 billion current LCU | -167.5% |
| 2015 | -187.99 billion current LCU | -662.7% |
| 2016 | 137.16 billion current LCU | -173.0% |
| 2017 | -193.28 billion current LCU | -240.9% |
| 2018 | -41.73 billion current LCU | -78.4% |
| 2019 | 95.13 billion current LCU | -328.0% |
| 2020 | 17.03 billion current LCU | -82.1% |
| 2021 | -83.11 billion current LCU | -588.0% |
| 2022 | 53.12 billion current LCU | -163.9% |
| 2023 | 66.86 billion current LCU | +25.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.86 billion current LCU | -4.37 billion current LCU | 12.31 billion current LCU | 10 |
| 2000s | 106.02 billion current LCU | -13.82 billion current LCU | 460.56 billion current LCU | 10 |
| 2010s | -7.50 billion current LCU | -193.28 billion current LCU | 137.16 billion current LCU | 10 |
| 2020s | 13.47 billion current LCU | -83.11 billion current LCU | 66.86 billion current LCU | 4 |
Countries ranked near Iceland
- 31 Malawi 99.82 billion current LCU compare
- 32 Singapore 93.12 billion current LCU compare
- 33 United States of America 76.30 billion current LCU compare
- 35 South Africa 62.08 billion current LCU compare
- 36 Kyrgyzstan 52.96 billion current LCU compare
- 37 Australia 50.08 billion current LCU compare
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is net acquisition of financial assets in Iceland?
- Net acquisition of financial assets in Iceland was 66.86 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Iceland?
- The highest recorded value was 460.56 billion current LCU in 2008.
- What is the lowest net acquisition of financial assets recorded in Iceland?
- The lowest recorded value was -193.28 billion current LCU in 2017.
- How does Iceland rank for net acquisition of financial assets?
- Iceland ranks 34th out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Iceland?
- Over the last ten years it is up 235.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.