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Iceland: Government debt

Millions of local currency · 1908–2024 · 117 observations · forecasts to 2031 · govdebt

2024
2.75 trillionlocal currency
Change on 2023
+3.5%year on year
Average growth, 2014–2024
+1.5%a year

Government debt

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1k100k10M1B100B10T192019401960198020002020IcelandIceland
ForecastLocal currency

Compare with other countries →Definition of Government debt

Recent values

Millions of local currency

YearValue
20312,859,999Forecast
20302,875,292Forecast
20292,872,384Forecast
20282,853,123Forecast
20272,809,754Forecast
20262,772,546Forecast
20252,757,963Forecast
20242,752,197
20232,658,273
20222,585,517
20212,413,362
20202,228,741
20191,988,678
20181,770,668
20171,870,305
20162,043,181
20152,225,699

Sources

This series is derived from other GMD variables.

Iceland documentation (PDF)

More for Iceland

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

Government debt 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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