External Debt in Iceland increased to 2322.08 ISK Billion in the second quarter of 2018 from 2271.48 ISK Billion in the first quarter of 2018. External Debt in Iceland averaged 5552.07 ISK Billion from 1995 until 2018, reaching an all time high of 15748.53 ISK Billion in the third quarter of 2009 and a record low of 280.59 ISK Billion in the first quarter of 1995.
External Debt in Iceland is expected to be 1850.00 ISK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Iceland to stand at 2332.21 in 12 months time. In the long-term, the Iceland Total External Debt is projected to trend around 1400.00 ISK Billion in 2020, according to our econometric models.