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NATIONAL PUBLIC DEBT Iceland 2016

National debt fell in Iceland

In 2016 Iceland public debt was 9,790 million euros 10,837 million dollars, has decreased 511 592 million since 2015.

This amount means that the debt in 2016 reached 54.04% of Iceland GDP, a 14.06 percentage point fall from 2015, when it was 68.1% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2006 in global debt terms, when it was 3,502 million euros 4,397 million dollars and also in terms of GDP percentage, when it amounted to 27.9%.

According to the last data point published, Iceland per capita debt in 2016 was 28,935 euros32,028 dollars per inhabitant. In 2015 it was 30,978 euros 34,370 dollars, afterwards dropping by 2,043 euros 2,342dollars, and if we again check 2006 we can see that then the debt per person was 11,381 euros14,290 dollars .

The position of Iceland, as compared with the rest of the world, has improved in 2016 in terms of GDP percentage. Currently it is country number 106 in the list of debt to GDP and 172 in debt per capita, out of the 184 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: Debt evolution
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
20169,79010,83754.04%28,935€32,028$
201510,30111,42968.10%30,978€34,370$
201410,65414,15482.42%32,374€43,009$
20139,87313,11384.72%30,317€40,264$
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$
20043,6444,53333.05%12,412€15,439$
20033,8414,34538.43%13,220€14,954$
20023,8463,63739.48%13,333€12,608$
20013,8833,47842.70%13,549€12,135$
20003,6273,35037.47%12,802€11,824$
19993,2733,48839.09%11,728€12,499$
19983,69343.61%11,994€13,395$
19973,94051.87%12,759€14,464$
19964,12654.87%11,742€15,289$
19954,13757.66%11,533€15,438$
19943,50554.44%10,833€13,127$
19933,25751.94%10,284€12,289$
19923,22645.09%9,289€12,295$
19912,61337.37%7,959€10,062$
19902,30835.27%6,948€9,021$
19892,01135.07%7,048€7,925$
19881,87930.40%6,202€7,460$
19871,52027.16%5,215€6,138$
19861,19929.69%4,868€4,909$
198596431.83%5,092€3,979$
198493732.25%4,837€3,893$
198385930.59%3,976€3,602$
198294228.81%4,005€4,001$
198100%0€0$
198000%0€0$
Iceland: Debt evolution as percent of GDP

Iceland: Debt evolution Millions