Mortgage loans as a share of gdp reached 45.8% in 2023 in Iceland, according to the National Central Bank. This is 2.86% less than in the previous year.
Historically, mortgage loans as a share of GDP in Iceland reached an all time high of 48.6% in 2021 and an all time low of 30.3% in 2016.
Iceland has been ranked 13th within the group of 74 countries we follow in terms of mortgage loans as a share of GDP.
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