Total Credit — Value US$ in Iceland
Iceland: Total Credit — Value US$ was 30,119 million USD in 2024. ◆ Volatile
Total Credit — Value US$ 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$ in Iceland is 30,119 million USD, measured in 2024.
That represents a change of up 8.0% on the previous year and up 78.9% over ten years.
Over the whole period, total credit — value us$ in Iceland peaked at 53,397 million USD in 2007 and was at its lowest, 2,812 million USD, in 1994.
That places Iceland 69th 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 | 3,926 million USD | 2,812 million USD | 6,374 million USD | 9 |
| 2000s | 26,628 million USD | 7,831 million USD | 53,397 million USD | 10 |
| 2010s | 19,425 million USD | 15,281 million USD | 23,874 million USD | 10 |
| 2020s | 26,611 million USD | 21,684 million USD | 30,119 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$ in Iceland?
- Total credit — value us$ in Iceland was 30,119 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Iceland?
- The highest recorded value was 53,397 million USD in 2007.
- What is the lowest total credit — value us$ recorded in Iceland?
- The lowest recorded value was 2,812 million USD in 1994.
- How does Iceland rank for total credit — value us$?
- Iceland ranks 69th out of 178 countries with data for 2024.
- Is total credit — value us$ rising or falling in Iceland?
- Over the last ten years it is up 78.9%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.