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.
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* indicates monthly or quarterly data series
- 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 |
Download data from our database Other resources: All indicators for Iceland All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| 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 |