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Iceland: General government debt (% of GDP)

Percent of GDP · 1908–2024 · 117 observations · forecasts to 2031 · gen_govdebt_GDP

2024
60.4%percent of GDP
Change on 2023
−1.1 pointsfrom 61.5%
Average, 2015–2024
71.4%10 years
Record high and low
136.6% (2011)low 1.50% (1908)

General government debt (% of GDP)

Report error
0%20%40%60%80%100%120%140%192019401960198020002020IcelandIceland
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203143.0Forecast
203045.4Forecast
202947.8Forecast
202849.9Forecast
202751.7Forecast
202653.6Forecast
202556.1Forecast
202460.4
202361.5
202266.4
202173.6
202076.1
201965.7
201862.3
201770.8
201681.3
201596.3

Sources

  • Statistics Iceland1908–1990
  • IMF Fiscal Policy Panel1908–2023
  • IMF Global Debt Database1950–2024
  • IMF Historical Public Debt Database1951–2015
  • Bordo1972–1997
  • IMF World Economic Outlook1982–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

General government debt (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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