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Government Debt / Iceland
Public Finance

Iceland Government Debt

Current and historical government debt data for Iceland, including latest value (80.16), trend, international ranking, comparison and source notes.
COUNTRY: Iceland
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T18:54:54+02:00
Economy Data Rating
Iceland · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
74 / 100
Stable economy
Fiscal stability 17.4 / 25
Macroeconomic stability 13.9 / 20
External stability 13.7 / 15
Financial robustness 10.5 / 15
Structural stability 6.9 / 10
Future capacity 8.9 / 10
Demographic capacity 3.1 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 90% of weighted inputs available.
Time range: 1990–2023 1990– 2023
1990 2023
Selected year: 2023 · Value: n/a 2023

Iceland · central government debt as a percentage of gdp.

1990–2023
80.16 percent of GDP
85.12 percent of GDP
96.95 percent of GDP
11 selected year
max 8 6 4 2 0
1990 1996 2002 2008 2014 2020 2023
government debt rate reference line

Countries by government debt

full ranking
Country Rate Class
Singapore 175.61 high
United Kingdom 131.07 high
United States 117.97 high
Bahrain 111.6 high
Spain 105.64 high
Jordan 102.85 medium
Israel 88.24 medium
Egypt 85.79 medium

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Germany 20.85
United Kingdom 131.07
Italy 77.29
United States 117.97
Brazil 81.86

Related indicators

internal links
GDP Growth NY.GDP.MKTP.KD.ZG
Government Revenue GC.REV.XGRT.GD.ZS
Government Expense GC.XPN.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
Interest Payments GC.XPN.INTP.RV.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.DOD.TOTL.GD.ZS

Cache: partial · Updated: 2026-06-05T18:54:54+02:00

Iceland Snapshot

country profile
Population 386,506
GDP 33.26 bn
Debt/GDP 80.16%
Inflation 5.86%
Unemployment 3.63%
Currency n/a
Region Europe
Income group High income

Iceland Government Debt: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Government Debt for Iceland. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: iceland government debt rate, government debt data iceland, iceland government debt statistics, iceland percent of gdp.