Iceland Debt to GDP Ratio 1990-2021
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
- Iceland debt to gdp ratio for 2016 was 73.53%, a 34.94% decline from 2012.
- Iceland debt to gdp ratio for 2012 was 108.47%, a 0.88% decline from 2011.
- Iceland debt to gdp ratio for 2011 was 109.35%, a 6.93% increase from 2010.
- Iceland debt to gdp ratio for 2010 was 102.42%, a 5.5% increase from 2009.
Iceland Debt to GDP Ratio - Historical Data |
Year |
Government Debt as % of GDP |
Annual Change |
2016 |
73.53% |
-34.94% |
2012 |
108.47% |
-0.88% |
2011 |
109.35% |
6.93% |
2010 |
102.42% |
5.50% |
2009 |
96.92% |
18.99% |
2008 |
77.94% |
37.16% |
2007 |
40.78% |
-2.12% |
2006 |
42.90% |
4.72% |
2005 |
38.18% |
-10.07% |
2004 |
48.25% |
-6.27% |
2003 |
54.52% |
-1.93% |
2002 |
56.44% |
-4.06% |
2001 |
60.50% |
2.10% |
2000 |
58.40% |
-0.83% |
1999 |
59.23% |
-4.02% |
1998 |
63.25% |
-5.12% |
1997 |
68.36% |
22.74% |
1996 |
45.62% |
-0.65% |
1995 |
46.28% |
2.24% |
1994 |
44.04% |
1.04% |
1993 |
43.00% |
5.40% |
1992 |
37.59% |
6.32% |
1991 |
31.27% |
1.40% |
1990 |
29.87% |
1.40% |