Borrowed from family or friends, adults in Iceland

Borrowed from family or friends, adults in Iceland was 23.63% in 2021, according to the World Bank.

202123.63%

Next release: Thursday, 7 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

Source: World Bank Global Findex, Global Findex: Borrowed from family or friends (% age 15+) (fin22b). Retrieved 2026-10-12.

All 1 values

Period	%
2021	23.63

Iceland compared with nearby places

Under 14
14 to 20
20 to 25
25 to 30
30 to 39
39 and over
No data

Borrowed from family or friends, adults, 2021, %. Iceland is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Countries by borrowed from family or friends, adults 158 places
EU countries by borrowed from family or friends, adults 27 places

Definition

Percentage of respondents aged 15 and over who borrowed money from family, relatives or friends in the past 12 months.

Global Findex survey estimates for people aged 15 and over, or the named subgroup. Percentages use all respondents in that population, not only savers, borrowers or account owners. Only published survey years are stored; no values are interpolated or carried forward. The 2025 edition reports 2024 fieldwork. Some earlier-wave surveys were conducted in 2022; the publisher year labels are retained. In 2024, account and debit-card ownership were asked more widely than other financial-use questions, so available years vary by measure and economy. Survey coverage and questions can change between waves.

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How to cite

World Bank, Global Findex Database. Global Findex: Borrowed from family or friends  (% age 15+) (fin22b). https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2025). Global Findex: Borrowed from family or friends (% age 15+) (fin22b) (Borrowed from family or friends, adults, Iceland, 2021) [Data set]. Retrieved October 12, 2026, from https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28

MLA 9

Global Findex: Borrowed from family or friends (% age 15+) (fin22b), Borrowed from family or friends, adults, Iceland, 2021. World Bank, 6 Oct. 2025, https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28. Invokely, https://invokely.ai/en/borrowed-family-friends-adults/iceland. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2025. Global Findex: Borrowed from family or friends (% age 15+) (fin22b). Borrowed from family or friends, adults, Iceland, 2021. Dataset. Accessed October 12, 2026. https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28. Also distributed by Invokely, https://invokely.ai/en/borrowed-family-friends-adults/iceland.

Harvard

World Bank (2025) Global Findex: Borrowed from family or friends (% age 15+) (fin22b), Borrowed from family or friends, adults, Iceland, 2021 [Dataset]. Available at: https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28, via Invokely: https://invokely.ai/en/borrowed-family-friends-adults/iceland (Accessed: 12 October 2026).

BibTeX

@misc{world_borrowed_from_family_or_2021,
  author = {{World Bank}},
  title = {{Global Findex: Borrowed from family or friends (\% age 15+) (fin22b): Borrowed from family or friends, adults, Iceland, 2021}},
  year = {2025},
  howpublished = {Data set},
  url = {https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/borrowed-family-friends-adults/iceland. Publisher attribution: World Bank, Global Findex Database. Global Findex: Borrowed from family or friends (\% age 15+) (fin22b). https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json\&per\_page=20000\&date=2011:2024\&source=28. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}

RIS

TY  - DATA
AU  - World Bank
TI  - Global Findex: Borrowed from family or friends (% age 15+) (fin22b): Borrowed from family or friends, adults, Iceland, 2021
PY  - 2025
DA  - 2025/10/06
PB  - World Bank
DB  - Invokely
UR  - https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28
L2  - https://invokely.ai/en/borrowed-family-friends-adults/iceland
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/borrowed-family-friends-adults/iceland.
N1  - Publisher attribution: World Bank, Global Findex Database. Global Findex: Borrowed from family or friends (% age 15+) (fin22b). https://api.worldbank.org/v2/country/all/indicator/fin22b?format=json&per_page=20000&date=2011:2024&source=28. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  -

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What is the borrowed from family or friends, adults in Iceland?

Borrowed from family or friends, adults in Iceland was 23.63% in 2021, according to the World Bank.

Where does this figure come from?

World Bank. Global Findex: Borrowed from family or friends (% age 15+) (fin22b). Retrieved by Invokely on 2026-10-12.

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