fjármögni

fjármögni is an Icelandic term that refers to financial assets or financial wealth, encompassing all monetary assets and securities that an individual, business, or government holds. The concept is frequently used in Icelandic economic literature to describe the store of value that entities can convert into cash or invest for future growth. fjármögni typically includes cash balances, deposits, stocks, bonds, mutual funds, and other liquid securities, in contrast to non‑financial assets such as real estate, machinery, and inventory. In practice, the distinction between fjármögni and other asset types is important for assessing liquidity risk, investment potential, and regulatory capital requirements. The measurement of fjármögni follows international accounting standards, with fair value or amortised cost valuation applied according to the asset classification. Icelandic financial regulators, such as the National Bank of Iceland, publish sectoral statistics that report aggregated fjármögni by households, firms, and the public sector, providing insight into asset allocation trends and macroeconomic conditions. In Iceland, fjármögni plays a key role in the post‑2008 banking crisis recovery, as the restoration of consumer confidence in financial markets depended largely on rebuilding household and corporate financial asset holdings. Understanding fjármögni is thus essential for economists, policymakers, and investors analyzing Iceland's financial stability, investment environment, and economic growth trajectories.