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NATIONAL PUBLIC DEBT Iceland 2018

Public debt in Iceland goes down

In 2018 Iceland public debt was 8,267 million euros 9,764 million dollars, has decreased 1,077 792 million since 2017.

This amount means that the debt in 2018 reached 37.62% of Iceland GDP, a 5.53 percentage point fall from 2017, when it was 43.15% 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 23,158 euros27,350 dollars per inhabitant. In 2017 it was 26,817 euros 30,295 dollars, afterwards dropping by 3,659 euros 2,945dollars, 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 54 in the list of debt to GDP and 165 in debt per capita, out of the 186 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
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
20188,2679,76437.62%23,158€27,350$
20179,34410,55643.15%26,817€30,295$
20169,54910,56951.25%28,221€31,238$
201510,19111,30765.03%30,647€34,003$
201410,52613,98478.77%31,986€42,493$
20139,87413,11481.79%30,319€40,267$
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$
20043,6424,53132.73%12,406€15,432$
20033,8414,34538.06%13,219€14,953$
20023,8443,63539.08%13,326€12,601$
20013,8843,47842.39%13,552€12,137$
20003,6283,35137.23%12,802€11,824$
19993,2733,48838.92%11,728€12,500$
19983,69343.48%12,001€13,396$
19973,94051.97%12,837€14,464$
19964,12755.18%11,973€15,293$
19954,13658.01%11,833€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