Iceland Total External Debt  Forecast


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External Debt in Iceland is expected to be 2608187.21 ISK Million 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 2855009.25 in 12 months time. In the long-term, the Iceland Total External Debt is projected to trend around 3824959.55 ISK Million in 2020, according to our econometric models.


Iceland Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -9800 -7480 -10026 -8298 -6919 -4110
Exports 49700 46571 46438 46152 45817 42972
Imports 59600 58356 58472 58134 57861 55345
Current Account 16.29 36.73 24.14 17.84 24.64 13.33
Current Account to GDP 8 4.6 4.5 4.5 4.5 4
External Debt 2558252 2608187 2659787 2751891 2855009 3824960
Capital Flows -3.92 -46.05 -29.39 -19.85 -29.55 -11.55
Gold Reserves 1.98 1.97 1.97 1.97 1.97 1.96
Terrorism Index 0.25 1.08 0.86 0.64 0.43 0.16
Tourist Arrivals 284124 198100 181400 157100 140200 72900
Remittances 753 248 262 238 237 238
Foreign Direct Investment -22404 -25305 -12661 -7192 -3127 10799