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Non-Performing Loans (As % of Total Loans) in Iceland

Source: IMF
Last Updated: August 10, 2025

Non-performing loans as a share of bank loans reached 2.04% in first quarter of 2025 in Iceland, according to the National Central Bank. This is 0.717% more than in the previous quarter.

Historically, non-performing loans as a share of bank loans in Iceland reached an all time high of 5.85% in 4Q2015 and an all time low of 1.36% in 1Q2023.

Iceland has been ranked 29th within the group of 51 countries we follow in terms of non-performing loans as a share of bank loans.

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