Iceland recorded a government debt equivalent to 37 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Iceland
Government Debt to GDP in Iceland averaged 46.40 percent from 1980 until 2019, reaching an all time high of 92.10 percent in 2011 and a record low of 23.03 percent in 1981. This page provides - Iceland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Debt to GDP - values, historical data and charts - was last updated on December of 2020.
Government Debt to GDP in Iceland is expected to reach 70.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Government Debt to GDP is projected to trend around 82.00 percent in 2021 and 85.00 percent in 2022, according to our econometric models.