Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2018

Public debt in Iceland goes down

In 2018 Iceland public debt was 13,572 million euros16,029 million dollars, has decreased 1,6141,127 million since 2017.

This amount means that the debt in 2018 reached 61.15% of Iceland GDP, a 8.2 percentage point fall from 2017, when it was 69.35% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2008 in global debt terms, when it was 2,925 million euros 4,302 million dollars although it has fallen as a percentage of GDP, when it amounted to 70.4%.

According to the last data point published, Iceland per capita debt in 2018 was 38,019 euros44,900 dollars per inhabitant. In 2017 it was 43,581 euros 49,234 dollars, afterwards dropping by 5,562 euros 4,334dollars, and if we again check 2008 we can see that then the debt per person was 9,157 euros13,469 dollars .

The position of Iceland, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 119 in the list of debt to GDP and 181 in debt per capita, out of the 189 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.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
201813,57216,02961.15%38,019€44,900$
201715,18617,15669.35%43,581€49,234$
201615,01316,61779.90%44,370€49,113$
201515,34817,02997.22%46,156€51,210$
201415,49220,582115.22%47,075€62,539$
201314,80919,668121.98%45,473€60,393$
20129,69312,45496.40%30,117€38,694$
201110,18414,17699.10%31,867€44,359$
20109,28612,31193.00%29,160€38,658$
20097,32210,21387.90%23,053€32,154$
20082,9254,30270.40%9,157€13,469$
20074,0575,56028.50%12,861€17,625$
20063,5024,39727.90%11,381€14,290$
20053,5864,46126.00%11,956€14,875$
20048,99111,18480.86%30,626€38,096$
20038,5979,72585.07%29,588€33,469$
20028,1077,66682.21%28,104€26,575$
20017,6716,87083.43%26,767€23,973$
20007,4106,84475.86%26,149€24,151$
19996,4556,87976.67%23,131€24,653$
19984,28250.36%13,924€15,532$
19973,94052.05%12,819€14,465$
19964,12755.18%11,967€15,293$
19954,13658.01%11,804€15,437$
19943,50454.75%10,896€13,123$
19933,25652.24%10,344€12,283$
19923,22645.36%9,344€12,294$
19912,61337.58%8,003€10,062$
19902,30835.46%6,986€9,022$
19892,01135.26%7,086€7,925$
19881,87930.56%6,235€7,460$
19871,52027.30%5,242€6,139$
19861,19929.84%4,894€4,909$
198596431.99%5,118€3,978$
198493832.40%4,860€3,897$
198385930.73%3,995€3,603$
198294128.94%4,022€3,996$
198100%0€0$
198000%0€0$
Iceland: Evolution of debt as a percentage of GDP

Iceland: Evolution of debt in millions