Economy
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31
Iceland's government debt stands at 56.68% as of 2025-12-31, down from 60.47% in 2024. Historical data runs from 1996 to 2025 (30 observations).
In 2025, Iceland's government debt was 56.68%, down from 60.47% in 2024.
In 2024, Iceland's government debt was 60.47%, down from 61.6% in 2023.
In 2023, Iceland's government debt was 61.6%, down from 66.43% in 2022.
In 2022, Iceland's government debt was 66.43%, down from 73.59% in 2021.
In 2021, Iceland's government debt was 73.59%, down from 76.09% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 56.68% | -3.79% |
| 2024 | 60.47% | -1.13% |
| 2023 | 61.6% | -4.83% |
| 2022 | 66.43% | -7.16% |
| 2021 | 73.59% | -2.5% |
| 2020 | 76.09% | +10.37% |
| 2019 | 65.72% | +3.46% |
| 2018 | 62.26% | -8.53% |
| 2017 | 70.79% | -10.54% |
| 2016 | 81.34% | -14.98% |
| 2015 | 96.32% | -17.81% |
| 2014 | 114.12% | -6.94% |
| 2013 | 121.06% | -11.14% |
| 2012 | 132.2% | -4.43% |
| 2011 | 136.63% | +5.13% |
| 2010 | 131.5% | +3.29% |
| 2009 | 128.21% | +18.9% |
| 2008 | 109.31% | +41.86% |
| 2007 | 67.45% | -2.38% |
| 2006 | 69.83% | +2.07% |
| 2005 | 67.75% | -12.31% |
| 2004 | 80.06% | -4.01% |
| 2003 | 84.07% | +2.77% |
| 2002 | 81.31% | -1.19% |
| 2001 | 82.5% | +7.65% |
| 2000 | 74.85% | -0.6899% |
| 1999 | 75.54% | +32.27% |
| 1998 | 43.27% | -7.78% |
| 1997 | 51.06% | -2.64% |
| 1996 | 53.69% | — |
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's government debt is 56.68% as of 2025-12-31, compared with 60.47% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).
The highest recorded value is 136.63% (2011); the lowest is 43.27% (1998), across data from 1996 to 2025.
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.