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Iceland - Government Debt to GDP 1989

Name: Iceland Government Debt to GDP 1989
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

35.29% +4.70% from 1988 Global rank: 7th

Iceland's government debt to gdp was 35.29% in 1989, increased +4.70% from 30.59% in 1988. This was the 7th highest globally.

Global Ranking - 1989▾

Government Debt to GDP by Country - 1989
Rank	Country	Value	YoY
1st	Kiribati	5.03%	104.5%
2nd	Finland	14.27%	-13.7%
3rd	Australia	17.02%	-
4th	Lesotho	25.52%	9.4%
5th	Norway	32.34%	-0.3%
6th	United Kingdom	32.53%	-12.3%
7th	Iceland	35.29%	15.4%
8th	France	35.53%	2.5%
9th	Spain	39.87%	3.6%
10th	Trinidad and Tobago	51.90%	-20.5%
11th	New Zealand	54.90%	0.4%
12th	Austria	56.64%	-1.8%
13th	Greece	60.67%	4.8%
14th	Japan	65.67%	-8.7%
15th	Canada	70.99%	1.8%
16th	Netherlands	73.74%	0.1%
17th	Italy	98.40%	2.8%
18th	Comoros	113.65%	-5.2%
19th	Belgium	126.41%	-2.5%
20th	Equatorial Guinea	187.03%	21.0%
21st	Jordan	197.22%	19.2%

FAQ

What was Iceland's government debt to gdp in 1989?▾

Iceland's government debt to gdp in 1989 was 35.29%. This ranked 7th globally.

How did Iceland's government debt to gdp change in 1989?▾

Iceland's government debt to gdp increased by 15.4% in 1989 compared to 1988.

Which country had the highest government debt to gdp in 1989?▾

Jordan had the highest government debt to gdp in 1989 at 197.22%.

What is the government debt to gdp of Iceland in 1989?▾

The government debt to gdp of Iceland in 1989 was 35.29%. This ranked 7th globally.

How does 1989 compare to 1988 for Iceland's government debt to gdp?▾

Iceland's government debt to gdp went from 30.59% in 1988 to 35.29% in 1989, a 15.4% increase.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1989. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 6.8%. View full analysis →

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