Iceland: Consumer credit

* indicates monthly or quarterly data series
The most recent value is 276.27 billion Icelandic Krona as of June 2026, an increase compared to the previous value of 273.37 billion Icelandic Krona. Historically, the average for Iceland from July 2007 to June 2026 is 268.4 billion Icelandic Krona. The minimum of 197.4 billion Icelandic Krona was recorded in May 2020, while the maximum of 425.14 billion Icelandic Krona was reached in September 2008. Click on the following link to see the values of: Consumer credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Icelandic Krona
  • Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
  • Source: Central Bank of Iceland

Recent values Iceland: Consumer credit, billion currency units
2026  Jun 276.27
2026  May 273.37
2026  Apr 268.68
2026  Mar 268.54
2026  Feb 264.68
2026  Jan 260.12
2025  Dec 269.2
2025  Nov 268.83


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Other resources:

All indicators for Iceland

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 4.1 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 120.8726 9/2026 Local Currency Units per USD
 Money supply (broad money) 3,481.20 6/2026 billion
 Consumer Price Index (CPI) 107.8800 8/2026 index points
 Inflation, monthly 0.26 8/2026 percent
 Inflation, annual 6.06 8/2026 percent
 Food and beverages inflation 4.02 9/2026 percent
 Alcohol and tobacco inflation 3.80 4/2026 percent
 Energy price inflation -7.50 4/2026 percent
 Transport services inflation 7.10 4/2026 percent
 Information and communication inflation 3.60 4/2026 percent
 Restaurant and accommodation services inflation 3.60 4/2026 percent
 Health care inflation 4.70 4/2026 percent
 Education services inflation 4.40 4/2026 percent
 Clothing and footwear inflation 4.40 4/2026 percent
 Housing inflation 8.80 4/2026 percent
 Private sector credit 4,554.14 6/2026 billion
 Business credit 2,221.83 6/2026 billion
 Household credit 2,332.30 6/2026 billion
 Mortgage credit 2,056.03 6/2026 billion
 Consumer credit 276.27 6/2026 billion
 Deposit interest rate 0.90 6/2026 percent
 Policy rate 8.00 8/2026 percent
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