Total assets were about 12,714 billion ISK at the end of 2024 compared with 11,925 billion ISK at the end of 2023, which is an 6.6% increase between years or 0.7% when adjusted for inflation. The portion of real estate of total assets was ISK 9,897 billion.
Total liabilities were 3,252 billion ISK in 2024, while in 2023, liabilities were 3,057 billion ISK, which is an increase of 6.4% or -0.7% when adjusted for inflation.
Individuals‘ average assets were 55.5 million ISK and median 28.1 million ISK, while their average liabilities were 14.2 million ISK and median 1.1 million ISK. The total net worth increased from 8,868 billion in 2023 to 9,461 billion in 2024 due to the increase in assets over liabilities.