Iceland - Government Debt to GDP 1987

General government gross debt as % of GDP · IMF WEO
27.33% −2.54% from 1986 Global rank: 2nd

Iceland's government debt to gdp was 27.33% in 1987, decreased +2.54% from 29.87% in 1986. This was the 2nd highest globally.

Global Ranking - 1987
Government Debt to GDP by Country - 1987
RankCountryValueYoY
1st Finland 17.65% 7.3%
2nd Iceland 27.33% -8.5%
3rd France 34.76% 7.3%
4th Norway 38.52% -16.3%
5th United Kingdom 39.28% -4.8%
6th Spain 41.92% -0.4%
7th Greece 53.15% 11.2%
8th New Zealand 62.89% -8.2%
9th Canada 69.76% 0.6%
10th Netherlands 71.29% 3.4%
11th Japan 75.83% 2.4%
12th Comoros 128.81% -5.7%
13th Belgium 129.23% 3.7%
14th Equatorial Guinea 141.32% -7.3%

FAQ

What was Iceland's government debt to gdp in 1987?

Iceland's government debt to gdp in 1987 was 27.33%. This ranked 2nd globally.

How did Iceland's government debt to gdp change in 1987?

Iceland's government debt to gdp decreased by 8.5% in 1987 compared to 1986.

Which country had the highest government debt to gdp in 1987?

Equatorial Guinea had the highest government debt to gdp in 1987 at 141.32%.

What is the government debt to gdp of Iceland in 1987?

The government debt to gdp of Iceland in 1987 was 27.33%. This ranked 2nd globally.

How does 1987 compare to 1986 for Iceland's government debt to gdp?

Iceland's government debt to gdp went from 29.87% in 1986 to 27.33% in 1987, a 8.5% decrease.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →