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Iceland - Government Debt to GDP 2018

Name: Iceland Government Debt to GDP 2018
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

62.26% −8.53% from 2017 Global rank: 133rd

Iceland's government debt to gdp was 62.26% in 2018, decreased +8.53% from 70.79% in 2017. This was the 133rd highest globally.

Global Ranking - 2018▾

Government Debt to GDP by Country - 2018
Rank	Country	Value	YoY
1st	Hong Kong SAR, China	0.05%	-5.5%
2nd	Liechtenstein	0.49%	-12.0%
3rd	Brunei Darussalam	2.59%	-8.5%
4th	Afghanistan	7.38%	-7.7%
5th	Solomon Islands	7.95%	-9.4%
6th	Estonia	8.51%	-9.8%
7th	Timor-Leste	9.31%	38.9%
8th	Tuvalu	11.82%	-1.9%
9th	Russian Federation	13.62%	-4.8%
10th	Kuwait	14.26%	-27.3%
11th	Saudi Arabia	16.84%	5.6%
12th	Comoros	17.02%	-10.1%
13th	Uzbekistan	17.46%	1.1%
14th	Azerbaijan	18.69%	-17.0%
15th	Kiribati	18.98%	-5.8%
16th	Congo, Democratic Republic of	19.29%	-16.8%
17th	Botswana	19.64%	0.3%
18th	Bulgaria	20.10%	-12.3%
19th	Kazakhstan	20.26%	2.0%
20th	Nigeria	20.38%	13.2%
21st	United Arab Emirates	20.68%	-2.3%
22nd	Luxembourg	20.87%	-4.3%
23rd	Micronesia, Federated States of	21.04%	-12.0%
24th	Cambodia	21.09%	-6.9%
25th	Paraguay	22.33%	12.5%
26th	Turkmenistan	22.52%	-8.8%
27th	Haiti	24.11%	7.1%
28th	Marshall Islands	24.69%	-7.0%
29th	Peru	25.69%	3.6%
30th	Chile	25.80%	9.1%
31st	Guatemala	26.41%	5.3%
32nd	Eswatini	26.46%	21.9%
33rd	New Zealand	28.08%	-9.7%
34th	Türkiye	29.50%	6.8%
35th	Palau	29.54%	9.8%
36th	Bangladesh	29.55%	4.4%
37th	Indonesia	30.42%	3.5%
38th	Nepal	31.09%	24.4%
39th	Czechia	31.68%	-6.2%
40th	Moldova	31.80%	-8.8%
41st	Zimbabwe	32.96%	-32.7%
42nd	West Bank and Gaza	33.15%	4.3%
43rd	Lithuania	33.34%	-15.2%
44th	Chad	33.79%	-13.8%
45th	Algeria	34.49%	43.6%
46th	Bosnia and Herzegovina	34.51%	-10.6%
47th	Uganda	34.89%	3.7%
48th	Côte d'Ivoire	35.32%	8.4%
49th	Panama	35.58%	6.0%
50th	Romania	36.17%	-2.5%
51st	Andorra	36.34%	-4.0%
52nd	Papua New Guinea	36.68%	12.9%
53rd	Niger	37.01%	1.4%
54th	Liberia	37.13%	16.6%
55th	Philippines	37.15%	-2.6%
56th	Guinea	37.46%	-6.1%
57th	Mali	37.52%	-1.8%
58th	Korea	37.85%	-0.4%
59th	Burkina Faso	38.11%	12.5%
60th	Georgia	38.22%	-1.7%
61st	Latvia	38.30%	-5.0%
62nd	Cameroon	38.34%	4.9%
63rd	Denmark	38.54%	-4.0%
64th	Nicaragua	39.09%	12.8%
65th	Norway	39.35%	3.0%
66th	Switzerland	39.79%	-4.7%
67th	Myanmar	39.92%	-4.7%
68th	Sweden	39.93%	-4.1%
69th	North Macedonia	40.43%	2.6%
70th	Equatorial Guinea	40.57%	12.0%
71st	Malawi	40.81%	2.1%
72nd	Benin	40.83%	3.7%
73rd	Malta	41.44%	-9.0%
74th	Trinidad and Tobago	41.49%	3.5%
75th	Iran, Islamic Republic of	41.59%	-3.7%
76th	Australia	41.76%	1.4%
77th	Thailand	41.94%	0.4%
78th	Tanzania	42.03%	4.8%
79th	Madagascar	42.90%	6.9%
80th	Honduras	43.54%	-0.1%
81st	Viet Nam	43.80%	-6.1%
82nd	Sierra Leone	44.17%	0.0%
83rd	Iraq	44.36%	-20.6%
84th	Oman	44.69%	11.4%
85th	Vanuatu	45.26%	-14.0%
86th	Fiji	45.77%	5.4%
87th	Tonga	45.82%	2.5%
88th	Tajikistan	46.30%	0.0%
89th	Djibouti	47.46%	-1.1%
90th	Belarus	47.52%	-10.6%
91st	Central African Republic	47.87%	1.0%
92nd	Guyana	47.94%	4.1%
93rd	Lesotho	48.19%	17.6%
94th	Poland	48.23%	-4.4%
95th	Namibia	48.74%	11.2%
96th	Rwanda	49.24%	7.9%
97th	Slovak Republic	49.27%	-4.1%
98th	Samoa	49.41%	5.8%
99th	Ecuador	49.51%	4.5%
100th	Dominican Republic	50.80%	2.7%
101st	Serbia	51.14%	-7.5%
102nd	Seychelles	51.26%	-9.5%
103rd	South Africa	51.54%	6.1%
104th	Netherlands	51.58%	-7.9%
105th	Colombia	51.76%	4.7%
106th	Costa Rica	51.84%	10.1%
107th	Qatar	52.18%	1.2%
108th	Mexico	52.20%	-0.6%
109th	Puerto Rico (US)	52.45%	2.4%
110th	Burundi	52.97%	12.9%
111th	Bolivia, Plurinational State of	53.08%	3.5%
112th	St. Kitts and Nevis	53.91%	-4.0%
113th	Kyrgyz Republic	54.82%	-6.7%
114th	China	55.58%	3.1%
115th	Malaysia	55.65%	2.3%
116th	Armenia	56.07%	-3.5%
117th	Kenya	56.45%	4.8%
118th	San Marino	56.67%	0.2%
119th	Uruguay	57.89%	3.7%
120th	Togo	58.03%	1.6%
121st	Guinea-Bissau	59.07%	14.1%
122nd	Mauritania	59.18%	6.3%
123rd	Israel	60.08%	0.4%
124th	St. Lucia	60.28%	0.6%
125th	Ukraine	60.35%	-15.7%
126th	Morocco	60.46%	0.3%
127th	Lao PDR	60.59%	5.9%
128th	Germany	60.76%	-5.0%
129th	Ireland	61.42%	-5.9%
130th	Bahamas, The	61.51%	12.6%
131st	Senegal	61.52%	0.6%
132nd	Ghana	61.98%	8.8%
133rd	Iceland	62.26%	-12.1%
134th	Gabon	62.34%	-0.9%
135th	Mauritius	63.15%	3.0%
136th	Finland	65.28%	-2.0%
137th	Pakistan	66.32%	6.7%
138th	Albania	68.46%	-4.8%
139th	Grenada	68.54%	-2.5%
140th	Suriname	68.63%	-6.0%
141st	Hungary	68.82%	-4.4%
142nd	St. Vincent and the Grenadines	69.40%	0.6%
143rd	India	70.37%	1.0%
144th	Maldives	70.65%	10.8%
145th	Slovenia	71.01%	-5.2%
146th	Nauru	71.06%	-8.9%
147th	Congo, Republic of	71.22%	-19.5%
148th	Croatia	72.85%	-4.4%
149th	Montenegro	72.86%	8.9%
150th	Tunisia	72.91%	8.7%
151st	Aruba	73.31%	-3.3%
152nd	Austria	74.59%	-5.7%
153rd	Mongolia	76.54%	-11.9%
154th	El Salvador	76.96%	-0.2%
155th	South Sudan	77.59%	-56.5%
156th	Belize	79.02%	1.2%
157th	Zambia	81.17%	21.9%
158th	Angola	82.54%	36.4%
159th	Sri Lanka	83.59%	15.7%
160th	Gambia, The	83.60%	-3.9%
161st	Antigua and Barbuda	84.33%	-4.4%
162nd	Brazil	84.78%	2.5%
163rd	Argentina	85.25%	49.5%
164th	Dominica	85.63%	1.9%
165th	United Kingdom	86.35%	-0.4%
166th	Yemen, Republic of	86.90%	3.7%
167th	Jordan	87.36%	1.5%
168th	Egypt, Arab Republic of	87.95%	-10.1%
169th	Jamaica	88.26%	-7.2%
170th	Bahrain	90.38%	7.6%
171st	Canada	90.78%	-0.2%
172nd	São Tomé and Principe	95.86%	3.9%
173rd	France	98.49%	-0.2%
174th	Spain	99.72%	-1.4%
175th	Belgium	100.08%	-2.3%
176th	Cyprus	100.66%	4.4%
177th	Bhutan	103.39%	-0.7%
178th	Mozambique	105.53%	1.7%
179th	United States	107.63%	1.2%
180th	Singapore	109.37%	1.6%
181st	Cabo Verde	112.28%	-0.6%
182nd	Barbados	114.21%	-20.0%
183rd	Portugal	121.11%	-3.9%
184th	Italy	134.20%	0.3%
185th	Lebanon	155.08%	3.4%
186th	Greece	189.55%	3.8%
187th	Sudan	209.81%	40.3%
188th	Japan	232.38%	0.5%
189th	Eritrea	267.09%	-8.0%

FAQ

What was Iceland's government debt to gdp in 2018?▾

Iceland's government debt to gdp in 2018 was 62.26%. This ranked 133rd globally.

How did Iceland's government debt to gdp change in 2018?▾

Iceland's government debt to gdp decreased by 12.1% in 2018 compared to 2017.

Which country had the highest government debt to gdp in 2018?▾

Eritrea had the highest government debt to gdp in 2018 at 267.09%.

What is the government debt to gdp of Iceland in 2018?▾

The government debt to gdp of Iceland in 2018 was 62.26%. This ranked 133rd globally.

How does 2018 compare to 2017 for Iceland's government debt to gdp?▾

Iceland's government debt to gdp went from 70.79% in 2017 to 62.26% in 2018, a 12.1% decrease.

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