Iceland Government Debt (% of GDP)
Everything government owes, across all levels of government, compared with the size of the economy.
56.7%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full Iceland economy16 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Checked hourly against official sources.Government Debt (% of GDP)
1982 to 2025
Source: IMF World Economic Outlook (GGXWDG_NGDP) · general government gross debt, % of GDP, annual · actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish.
Iceland Government Debt (% of GDP) in context
Worked out from the published series shown above.
In Iceland, the government debt fell by 3.8pp in 2025, from 60.5% in 2024.
It is the lowest reading since 1998.
Over the past five years it has ranged from 56.7% in 2025 to 76.1% in 2020.
Its average since 1982 is 68.0%, and the latest reading is below that.
Iceland is 35th of 62 countries in our Government Debt to GDP by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- IMF
- Series
- World
- Frequency
- Annual
- Unit
- %
- Seasonal adjustment
- Not applicable, annual data
- Latest observation
- 2025
- Revision status
- Latest published estimate, subject to revision
Data refreshed 2026-10-16. Figures are the latest published observations and can be revised.
More Iceland indicators
Latest readings. Open any one for its full history.
Rankings
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