Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2022

Iceland national debt goes up

In 2022 Iceland public debt was 18,348 million euros19,336 million dollars, has increased 2,03630 million since 2021.

This amount means that the debt in 2022 reached 68.9% of Iceland GDP, a 6.53 percentage point fall from 2021, when it was 75.43% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2012 in global debt terms, when it was 9,693 million euros 19,757 million dollars although it has fallen as a percentage of GDP, when it amounted to 96.4%.

According to the last data point published, Iceland per capita debt in 2022 was 47,318 euros49,867 dollars per inhabitant. In 2021 it was 43,355 euros 51,312 dollars, afterwards rising by 3,963 euros1,445 dollars, and if we again check 2012 we can see that then the debt per person was 30,117 euros61,383 dollars .

The position of Iceland, as compared with the rest of the world, has improved in 2022 in terms of GDP percentage. Currently it is country number 127 in the list of debt to GDP and 186 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Iceland. You can see debt in other countries in Public debt and see all the information about Iceland in economy of Iceland.

Iceland: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202218,34819,33668.90%€47,318$49,867
202116,31219,30675.43%€43,355$51,312
202014,69016,76677.74%€39,834$45,462
201914,66616,42066.53%€40,276$45,093
201814,05816,60963.25%€39,379$46,525
201715,70917,74071.74%€45,084$50,912
201615,49617,14882.47%€45,800$50,682
201515,36417,04897.32%€46,203$51,268
201415,50420,602115.30%€47,109$62,600
201314,80719,666121.96%€45,467$60,386
20129,69319,75796.40%€30,117$61,383
201110,18421,03399.10%€31,867$65,816
20109,28618,30893.00%€29,160$57,491
20097,32216,93987.90%€23,053$53,329
20082,92519,94770.40%€9,157$62,458
20074,05714,81228.50%€12,861$46,953
20063,50212,33927.90%€11,381$40,105
20053,58611,61726.00%€11,956$38,737
20048,99111,17980.86%€30,626$38,079
20038,5979,72285.07%€29,587$33,460
20028,1027,65682.16%€28,086$26,539
20017,6676,86783.38%€26,753$23,961
20007,4046,84175.80%€26,129$24,144
19996,4496,88076.59%€23,109$24,654
19983,73843.95%€12,153$13,557
19973,94052.05%€12,819$14,465
19964,12755.58%€12,054$15,292
19954,13758.07%€11,817$15,439
19943,50454.81%€10,907$13,124
19933,25552.29%€10,354$12,281
19923,22645.40%€9,353$12,294
19912,61337.61%€8,011$10,062
19902,30835.49%€6,992$9,021
19892,01135.29%€7,092$7,925
19881,88030.59%€6,240$7,461
19871,52027.33%€5,247$6,138
19861,19929.87%€4,898$4,910
198596332.02%€5,123$3,978
198493832.43%€4,864$3,897
198385930.75%€3,998$3,602
198294128.95%€4,024$3,996
198100%€0$0
198000%€0$0
Iceland: Evolution of debt as a percentage of GDP

Iceland: Evolution of debt in millions