Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2020

The national debt increased in Iceland

In 2020 Iceland public debt was 14,689 million euros16,740 million dollars, has increased 1298 million since 2019.

This amount means that the debt in 2020 reached 77.41% of Iceland GDP, a 11.16 percentage point rise from 2019, when it was 66.25% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2010 in global debt terms, when it was 9,286 million euros 18,308 million dollars although it has fallen as a percentage of GDP, when it amounted to 93%.

According to the last data point published, Iceland per capita debt in 2020 was 39,829 euros45,390 dollars per inhabitant. In 2019 it was 40,336 euros 45,154 dollars, afterwards dropping by 507 euros 236dollars, and if we again check 2010 we can see that then the debt per person was 29,160 euros57,491 dollars .

The position of Iceland, as compared with the rest of the world, has improved in 2020 in terms of GDP percentage. Currently it is country number 134 in the list of debt to GDP and 182 in debt per capita, out of the 190 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
202014,68916,74077.41%€39,829$45,390
201914,68816,44266.25%€40,336$45,154
201814,04916,58363.14%€39,353$46,453
201715,71817,71571.64%€45,109$50,838
201615,48417,12882.37%€45,764$50,622
201515,35517,03097.22%€46,178$51,214
201415,51420,584115.20%€47,142$62,545
201314,81219,666121.96%€45,481$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$46,952
20063,50212,33927.90%€11,381$40,105
20053,58611,61726.00%€11,956$38,737
20049,00011,17980.86%€30,658$38,079
20038,6129,72285.07%€29,639$33,460
20028,1277,65682.16%€28,174$26,539
20017,6726,86783.38%€26,771$23,961
20007,4246,84175.80%€26,200$24,144
19996,4576,88076.59%€23,140$24,654
19984,27650.28%€13,902$15,508
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