Total assets were about 10,728 billion ISK at the end of 2022 compared with 8,837 billion ISK at the end of 2021, which is an 11,8% increase between years. The portion of real estate in total assets was ISK 8,362 billion.
Total liabilites were 2,980 billion ISK in 2022, while in 2021, liabilites were 2,712 billion ISK, which is an increase of 9.9% or 1.2% when adjusted for inflation.
Individuals‘ average assets were 44.3 million ISK, while their average liabiliteis were 12.3 million ISK. The total net worth increased from 6,125 billion in 2021 to 7,748 billion in 2022, an increase explained by the increase in assets over liabilities.