Total assets were about 12,284 billion ISK at the end of 2023 compared with 10,728 billion ISK at the end of 2022, which is an 14.5% increase between years or 5.3% when adjusted for inflation. The portion of real estate of total assets was ISK 9,659 billion.
Total liabilites were 3,150 billion ISK in 2023, while in 2022, liabilites were 2,980 billion ISK, which is an increase of 5.7% or -2.8% when adjusted for inflation.
Individuals‘ average assets were 48.4 million ISK and median 9.9 milllion ISK, while their average liabiliteis were 12.4 million ISK and median 0.6 million ISK. The total net worth increased from 7,748 billion in 2022 to 9,134 billion in 2023 due to the increase in assets over liabilities.