Total financial assets of Iceland’s domestic sector stood at 44,068 billion ISK in year-end 2024 according to preliminary data or 961% of Gross Domestic Product (GDP). Total financial liabilities stood at 41,730 billion ISK or 910% of GDP. Net financial assets of the domestic sector were therefore positive by 2,338 billion ISK at the end of 2024 but were positive by 1,595 billion ISK the year before.
Financial assets of households stood at 12,639 billion ISK, while financial liabilities stood at 3,357 billion ISK at the end of 2024, or 276% and 73% of GDP, respectively. Households’ net financial assets increased from approximately 8,175 billion ISK in 2023 to 9,281 billion ISK in 2024.
Financial assets of non-financial corporations stood at 7,893 billion ISK at the end of 2024, while liabilities stood at 13,411 billion ISK.
Total financial assets of financial corporations stood at 20,782 billion ISK, while liabilities stood at 20,772 billion ISK at the end of 2024.
At the end of 2024, the financial assets of the general government stood at 2,604 billion ISK, or 57% of GDP, while liabilities stood at 4,167 billion ISK, or 91% of GDP.
The foreign sector’s financial assets with a domestic counterpart stood at 4,708 billion ISK, or 103% of GDP at the end of 2024, while the liabilities stood at 7,023 billion ISK, or 153% of GDP.