Total Credit — Value US$, 2015 prices in Iceland
Iceland: Total Credit — Value US$, 2015 prices was 21,365 million USD in 2024. ◆ Volatile
Total Credit — Value US$, 2015 prices in Iceland, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$, 2015 prices in Iceland is 21,365 million USD, measured in 2024.
The figure is up 3.3% on the previous year and up 35.2% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Iceland peaked at 46,939 million USD in 2006 and was at its lowest, 3,878 million USD, in 1991.
That places Iceland 75th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,122 million USD | 3,878 million USD | 8,017 million USD | 9 |
| 2000s | 25,576 million USD | 11,092 million USD | 46,939 million USD | 10 |
| 2010s | 18,254 million USD | 15,281 million USD | 24,460 million USD | 10 |
| 2020s | 20,579 million USD | 19,340 million USD | 21,365 million USD | 5 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture share gdp 3.65 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.65 (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
- Rural population 5.8% (2025)
- Rural population growth 0.9% (2025)
- Rural population 22,689 (2025)
- Agriculture, forestry, and fishing, value added 3.7% (2025)
- Agriculture, forestry, and fishing, value added 1.41 billion current US$ (2025)
- Cereal yield vs gdp per capita 2.43 (2023)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Iceland?
- Total credit — value us$, 2015 prices in Iceland was 21,365 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Iceland?
- The highest recorded value was 46,939 million USD in 2006.
- What is the lowest total credit — value us$, 2015 prices recorded in Iceland?
- The lowest recorded value was 3,878 million USD in 1991.
- How does Iceland rank for total credit — value us$, 2015 prices?
- Iceland ranks 75th out of 178 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Iceland?
- Over the last ten years it is up 35.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.