In 2021 Iceland public debt was 16,317 million euros19,312 million dollars, has increased 1,6272,546 million since 2020.
This amount means that the debt in 2021 reached 75.58% of Iceland GDP, a 2.21 percentage point fall from 2020, when it was 77.79% of GDP.
If we check the tables we can see the evolution of Iceland debt. It has risen since 2011 in global debt terms, when it was 10,184 million euros 21,033 million dollars although it has fallen as a percentage of GDP, when it amounted to 99.1%.
According to the last data point published, Iceland per capita debt in 2021 was 43,368 euros51,327 dollars per inhabitant. In 2020 it was 39,833 euros 45,461 dollars, afterwards rising by 3,535 euros5,866 dollars, and if we again check 2011 we can see that then the debt per person was 31,867 euros65,816 dollars .
The position of Iceland, as compared with the rest of the world, has remained in 2021 in terms of GDP percentage. Currently it is country number 134 in the list of debt to GDP and 183 in debt per capita, out of the 190 we publish.