Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2018

Debt decreased in Iceland

In 2018 Iceland public debt was 14,036 million euros16,583 million dollars, has decreased 1,6511,132 million since 2017.

This amount means that the debt in 2018 reached 63.14% of Iceland GDP, a 8.5 percentage point fall from 2017, when it was 71.64% 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 19,947 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 39,317 euros46,453 dollars per inhabitant. In 2017 it was 45,018 euros 50,838 dollars, afterwards dropping by 5,701 euros 4,385dollars, and if we again check 2008 we can see that then the debt per person was 9,157 euros62,458 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 136 in the list of debt to GDP and 185 in debt per capita, out of the 191 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
201814,03616,58363.14%€39,317$46,453
201715,68717,71571.64%€45,018$50,838
201615,47817,12882.37%€45,745$50,622
201515,34817,03097.22%€46,154$51,214
201415,49020,584115.20%€47,067$62,545
201314,80719,666121.96%€45,467$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
20048,99111,17980.86%€30,626$38,079
20038,5979,72285.07%€29,587$33,460
20028,1027,65682.16%€28,086$26,539
20017,6676,86783.38%€26,753$23,961
20007,4046,84175.80%€26,129$24,144
19996,4496,88076.59%€23,109$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