Net Foreign Assets (Local Currency) rose 9.10% to ISK 371 bil in Iceland in 2024

Net Foreign Assets (Local Currency) (ISK bil), 2024
Banking | Iceland | September 1, 2025
$2.99
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Net foreign assets rose 9.10% to ISK 371 bil in Iceland in 2024, according to the National Central Bank.

Historically, net foreign assets in Iceland reached an all time high of ISK 937 bil in 2011 and an all time low of ISK -1,341 bil in 2007. When compared to Iceland's main peers, net foreign assets in Denmark amounted to DKK 1,203 bil, NOK -718 bil in Norway, SEK 587 bil in Sweden and GBP 440 bil in United Kingdom in 2024.

Iceland has been ranked 56th within the group of 122 countries we follow in terms of net foreign assets, 8 places below the position seen 10 years ago.

Net Foreign Assets (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Belgium EUR bil 120 134 150 141 133
Denmark DKK bil 643 837 961 964 978
Finland EUR bil 77.0 72.3 71.9 47.5 39.1
France EUR bil 376 438 481 425 347
Germany EUR bil 1,731 1,834 1,908 1,817 1,887 ...
Iceland ISK bil 424 490 459 433 295
Ireland EUR bil 163 208 231 272 277
Netherlands EUR bil 218 267 284 284 332
Norway NOK bil -1,082 -1,107 -878 -673 -833
Russia RUB bil 39,910 41,051 52,376 53,648 ... ... ...
Sweden SEK bil 723 837 494 347 175
United Kingdom GBP bil 396 281 218 225 298