Iceland Foreign Exchange Reserves  Forecast


Foreign Exchange Reserves in Iceland is expected to be 685675.83 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Iceland to stand at 653588.93 in 12 months time. In the long-term, the Iceland Foreign Exchange Reserves is projected to trend around 561570.28 ISK Million in 2020, according to our econometric models.


Iceland Foreign Exchange Reserves
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Iceland Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 4.25 4.25 4.25 4 4 3.5
Interbank Rate 4.4 4.48 4.78 5.12 5.43 7.05
Money Supply M0 113499 113253 111974 110485 108975 96819
Money Supply M1 487 505 512 517 525 598
Money Supply M2 1047 1150 1260 1340 1470 2550
Money Supply M3 1733 1950 2120 2250 2340 3420
Banks Balance Sheet 3314382 3166294 3108542 3056159 3008624 2737006
Foreign Exchange Reserves 688419 685676 676081 664931 653589 561570
Deposit Interest Rate 4.85 5.5 5.76 6.01 6.26 15.9
Central Bank Balance Sheet 774252 743794 738595 733679 728887 690138
Private Debt to GDP 323 303 299 295 292 277