Iceland - Government Debt to GDP 2017
70.79%
−10.54% from 2016
Iceland's government debt to gdp was 70.79% in 2017, decreased +10.54% from 81.34% in 2016. This was the 145th highest globally.
Global Ranking - 2017▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hong Kong SAR, China | 0.06% | -6.8% |
| 2nd | Liechtenstein | 0.56% | 27.2% |
| 3rd | Brunei Darussalam | 2.83% | -6.0% |
| 4th | Timor-Leste | 6.71% | 42.5% |
| 5th | Afghanistan | 8.00% | -5.2% |
| 6th | Solomon Islands | 8.77% | 16.4% |
| 7th | Estonia | 9.43% | -7.9% |
| 8th | Tuvalu | 12.05% | 4.9% |
| 9th | Russian Federation | 14.31% | -3.6% |
| 10th | Saudi Arabia | 15.95% | 30.2% |
| 11th | Uzbekistan | 17.26% | 110.8% |
| 12th | Nigeria | 18.01% | 3.6% |
| 13th | Comoros | 18.93% | 17.2% |
| 14th | Botswana | 19.59% | -12.3% |
| 15th | Kuwait | 19.62% | 98.5% |
| 16th | Paraguay | 19.85% | 2.4% |
| 17th | Kazakhstan | 19.87% | 1.0% |
| 18th | Kiribati | 20.16% | -5.0% |
| 19th | United Arab Emirates | 21.17% | 13.6% |
| 20th | Eswatini | 21.70% | 7.9% |
| 21st | Luxembourg | 21.80% | 11.2% |
| 22nd | Azerbaijan | 22.51% | 9.2% |
| 23rd | Haiti | 22.52% | -7.7% |
| 24th | Cambodia | 22.64% | 3.9% |
| 25th | Bulgaria | 22.92% | -15.1% |
| 26th | Congo, Democratic Republic of | 23.18% | -29.7% |
| 27th | Chile | 23.65% | 12.1% |
| 28th | Micronesia, Federated States of | 23.92% | -2.6% |
| 29th | Algeria | 24.02% | 32.7% |
| 30th | Turkmenistan | 24.70% | 17.1% |
| 31st | Peru | 24.80% | 3.6% |
| 32nd | Nepal | 24.99% | 0.1% |
| 33rd | Guatemala | 25.07% | 0.7% |
| 34th | Marshall Islands | 26.53% | -9.2% |
| 35th | Palau | 26.91% | 13.4% |
| 36th | Türkiye | 27.62% | -0.3% |
| 37th | Bangladesh | 28.31% | 2.1% |
| 38th | Indonesia | 29.40% | 5.2% |
| 39th | New Zealand | 31.10% | -6.7% |
| 40th | West Bank and Gaza | 31.79% | 2.4% |
| 41st | Liberia | 31.84% | 11.3% |
| 42nd | Papua New Guinea | 32.48% | -3.7% |
| 43rd | Côte d'Ivoire | 32.60% | 4.7% |
| 44th | Panama | 33.56% | -0.1% |
| 45th | Uganda | 33.64% | 7.4% |
| 46th | Czechia | 33.78% | -6.8% |
| 47th | Burkina Faso | 33.89% | 3.1% |
| 48th | Nicaragua | 34.65% | 12.1% |
| 49th | Moldova | 34.86% | -12.1% |
| 50th | Equatorial Guinea | 36.24% | -11.9% |
| 51st | Niger | 36.51% | 11.2% |
| 52nd | Cameroon | 36.54% | 13.8% |
| 53rd | Romania | 37.11% | -6.2% |
| 54th | Andorra | 37.85% | -4.8% |
| 55th | Korea | 38.01% | -2.9% |
| 56th | Philippines | 38.13% | 2.0% |
| 57th | Norway | 38.19% | 0.8% |
| 58th | Mali | 38.23% | 2.7% |
| 59th | Bosnia and Herzegovina | 38.62% | -13.9% |
| 60th | Georgia | 38.89% | -1.4% |
| 61st | Chad | 39.18% | -2.3% |
| 62nd | Lithuania | 39.34% | -1.6% |
| 63rd | North Macedonia | 39.38% | -0.9% |
| 64th | Benin | 39.38% | 9.6% |
| 65th | Guinea | 39.90% | -1.8% |
| 66th | Malawi | 39.98% | 7.8% |
| 67th | Trinidad and Tobago | 40.09% | 15.5% |
| 68th | Oman | 40.11% | 36.7% |
| 69th | Tanzania | 40.11% | 0.8% |
| 70th | Madagascar | 40.13% | -0.4% |
| 71st | Denmark | 40.15% | -3.7% |
| 72nd | Latvia | 40.33% | -3.4% |
| 73rd | Lesotho | 40.99% | -1.1% |
| 74th | Australia | 41.20% | 1.4% |
| 75th | Sweden | 41.63% | -2.9% |
| 76th | Switzerland | 41.75% | 2.0% |
| 77th | Thailand | 41.78% | 0.1% |
| 78th | Myanmar | 41.88% | 17.3% |
| 79th | Iran, Islamic Republic of | 43.18% | -6.0% |
| 80th | Fiji | 43.43% | -2.5% |
| 81st | Honduras | 43.60% | 8.2% |
| 82nd | Namibia | 43.83% | -4.4% |
| 83rd | Sierra Leone | 44.18% | 13.7% |
| 84th | Tonga | 44.72% | -9.4% |
| 85th | Malta | 45.56% | -14.3% |
| 86th | Rwanda | 45.63% | 11.1% |
| 87th | Guyana | 46.06% | 4.6% |
| 88th | Tajikistan | 46.30% | 9.8% |
| 89th | Viet Nam | 46.62% | -2.6% |
| 90th | Samoa | 46.68% | -4.7% |
| 91st | Burundi | 46.90% | 1.7% |
| 92nd | Costa Rica | 47.06% | 6.8% |
| 93rd | Central African Republic | 47.38% | -3.9% |
| 94th | Ecuador | 47.39% | 2.9% |
| 95th | Djibouti | 47.99% | 4.5% |
| 96th | South Africa | 48.59% | 3.1% |
| 97th | Zimbabwe | 48.98% | 39.7% |
| 98th | Colombia | 49.45% | -0.9% |
| 99th | Dominican Republic | 49.48% | 6.0% |
| 100th | Poland | 50.44% | -6.8% |
| 101st | Puerto Rico (US) | 51.21% | 2.7% |
| 102nd | Bolivia, Plurinational State of | 51.26% | 10.3% |
| 103rd | Slovak Republic | 51.38% | -1.4% |
| 104th | Qatar | 51.57% | 10.4% |
| 105th | Guinea-Bissau | 51.78% | -12.4% |
| 106th | Mexico | 52.52% | -4.5% |
| 107th | Vanuatu | 52.63% | 24.0% |
| 108th | Belarus | 53.16% | -0.6% |
| 109th | Kenya | 53.87% | 6.9% |
| 110th | China | 53.90% | 8.4% |
| 111th | Malaysia | 54.40% | -2.5% |
| 112th | Bahamas, The | 54.65% | 7.0% |
| 113th | Serbia | 55.26% | -15.0% |
| 114th | Mauritania | 55.66% | -3.3% |
| 115th | Uruguay | 55.82% | -1.0% |
| 116th | Iraq | 55.87% | -7.3% |
| 117th | Netherlands | 55.99% | -8.0% |
| 118th | St. Kitts and Nevis | 56.18% | -2.1% |
| 119th | San Marino | 56.59% | 164.6% |
| 120th | Seychelles | 56.65% | -9.9% |
| 121st | Ghana | 56.98% | 1.9% |
| 122nd | Argentina | 57.03% | 7.5% |
| 123rd | Togo | 57.11% | -4.7% |
| 124th | Lao PDR | 57.20% | 5.0% |
| 125th | Armenia | 58.09% | 2.9% |
| 126th | Kyrgyz Republic | 58.79% | -0.5% |
| 127th | Israel | 59.83% | -3.1% |
| 128th | St. Lucia | 59.92% | -0.5% |
| 129th | Morocco | 60.26% | 0.3% |
| 130th | Angola | 60.49% | -9.3% |
| 131st | Senegal | 61.14% | 28.6% |
| 132nd | Mauritius | 61.34% | -2.0% |
| 133rd | Pakistan | 62.14% | 0.1% |
| 134th | Gabon | 62.93% | -2.4% |
| 135th | Maldives | 63.75% | 3.0% |
| 136th | Germany | 63.99% | -6.3% |
| 137th | Ireland | 65.27% | -10.2% |
| 138th | Finland | 66.58% | -3.0% |
| 139th | Zambia | 66.61% | 8.9% |
| 140th | Montenegro | 66.93% | 0.4% |
| 141st | Tunisia | 67.10% | 13.9% |
| 142nd | St. Vincent and the Grenadines | 69.00% | -13.2% |
| 143rd | India | 69.67% | 1.1% |
| 144th | Grenada | 70.33% | -13.8% |
| 145th | Iceland | 70.79% | -13.0% |
| 146th | Ukraine | 71.62% | -9.9% |
| 147th | Albania | 71.90% | -1.9% |
| 148th | Hungary | 72.00% | -3.5% |
| 149th | Sri Lanka | 72.26% | -3.7% |
| 150th | Suriname | 73.03% | -3.1% |
| 151st | Slovenia | 74.89% | -5.7% |
| 152nd | Aruba | 75.83% | 0.6% |
| 153rd | Croatia | 76.17% | -3.9% |
| 154th | El Salvador | 77.14% | 2.6% |
| 155th | Nauru | 77.97% | -9.7% |
| 156th | Belize | 78.12% | 10.9% |
| 157th | Austria | 79.06% | -5.2% |
| 158th | Brazil | 82.75% | 6.9% |
| 159th | Yemen, Republic of | 83.79% | 9.5% |
| 160th | Dominica | 84.01% | 9.8% |
| 161st | Bahrain | 84.03% | 8.6% |
| 162nd | Jordan | 86.10% | 1.3% |
| 163rd | United Kingdom | 86.72% | -1.3% |
| 164th | Mongolia | 86.90% | 10.4% |
| 165th | Gambia, The | 86.98% | 7.8% |
| 166th | Antigua and Barbuda | 88.18% | 6.2% |
| 167th | Congo, Republic of | 88.48% | 4.5% |
| 168th | Canada | 90.94% | -1.6% |
| 169th | São Tomé and Principe | 92.30% | -11.7% |
| 170th | Jamaica | 95.10% | -11.0% |
| 171st | Cyprus | 96.38% | -9.8% |
| 172nd | Egypt, Arab Republic of | 97.80% | 6.8% |
| 173rd | France | 98.72% | 0.6% |
| 174th | Spain | 101.14% | -0.8% |
| 175th | Belgium | 102.49% | -2.8% |
| 176th | Mozambique | 103.79% | -16.8% |
| 177th | Bhutan | 104.08% | 1.1% |
| 178th | United States | 106.37% | -0.9% |
| 179th | Singapore | 107.65% | 1.3% |
| 180th | Cabo Verde | 112.99% | -2.3% |
| 181st | Portugal | 126.03% | -3.9% |
| 182nd | Italy | 133.74% | -0.4% |
| 183rd | Barbados | 142.85% | 5.6% |
| 184th | Sudan | 149.54% | 36.0% |
| 185th | Lebanon | 149.98% | 2.4% |
| 186th | South Sudan | 178.27% | 8.2% |
| 187th | Greece | 182.62% | -0.6% |
| 188th | Japan | 231.32% | -0.5% |
| 189th | Eritrea | 290.39% | 15.6% |
FAQ
What was Iceland's government debt to gdp in 2017?▾
Iceland's government debt to gdp in 2017 was 70.79%. This ranked 145th globally.
How did Iceland's government debt to gdp change in 2017?▾
Iceland's government debt to gdp decreased by 13.0% in 2017 compared to 2016.
Which country had the highest government debt to gdp in 2017?▾
Eritrea had the highest government debt to gdp in 2017 at 290.39%.
What is the government debt to gdp of Iceland in 2017?▾
The government debt to gdp of Iceland in 2017 was 70.79%. This ranked 145th globally.
How does 2017 compare to 2016 for Iceland's government debt to gdp?▾
Iceland's government debt to gdp went from 81.34% in 2016 to 70.79% in 2017, a 13.0% decrease.
Related
2016
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Full ranking 2017
Tax Revenue
Government Spending
Military Spending
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Budget Deficit
Peak: 2011
Lowest: 1987
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
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Lowest ever
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NATO Government Debt to GDP
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