Iceland Iceland National Debt

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NATIONAL PUBLIC DEBT Iceland 2021

Public debt went up in Iceland

In 2021 Iceland public debt was 16,312 million euros19,306 million dollars, has increased 1,6452,566 million since 2020.

This amount means that the debt in 2021 reached 75.43% of Iceland GDP, a 1.73 percentage point fall from 2020, when it was 77.16% of GDP.

If we check the tables we can see the evolution of Iceland debt. It has risen since 2011 in global debt terms, when it was 10,184 million euros 21,033 million dollars although it has fallen as a percentage of GDP, when it amounted to 99.1%.

According to the last data point published, Iceland per capita debt in 2021 was 43,355 euros51,312 dollars per inhabitant. In 2020 it was 39,771 euros 45,390 dollars, afterwards rising by 3,584 euros5,922 dollars, and if we again check 2011 we can see that then the debt per person was 31,867 euros65,816 dollars .

The position of Iceland, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 135 in the list of debt to GDP and 184 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
202116,31219,30675.43%€43,355$51,312
202014,66716,74077.16%€39,771$45,390
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%€13,892$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