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Iceland: Government debt (% of GDP)

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

Government debt (% of GDP)

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

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

Iceland documentation (PDF)

More for Iceland

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

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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