Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2019

The national debt increased in Iceland

In 2019 Iceland public debt was 14,685 million euros16,442 million dollars, has increased 649141 million since 2018.

This amount means that the debt in 2019 reached 66.23% of Iceland GDP, a 3.09 percentage point rise from 2018, when it was 63.14% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2009 in global debt terms, when it was 7,322 million euros 16,939 million dollars although it has fallen as a percentage of GDP, when it amounted to 87.9%.

According to the last data point published, Iceland per capita debt in 2019 was 40,330 euros45,153 dollars per inhabitant. In 2018 it was 39,317 euros 46,453 dollars, afterwards rising by 1,013 euros1,300 dollars, and if we again check 2009 we can see that then the debt per person was 23,053 euros53,329 dollars .

The position of Iceland, as compared with the rest of the world, has worsened in 2019 in terms of GDP percentage. Currently it is country number 140 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
201914,68516,44266.23%€40,330$45,153
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