Iceland Total External Debt - Forecast

External Debt in Iceland is expected to be 1900.00 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 2359.71 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.


Iceland Total External Debt
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Iceland Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -13400 -14200 -20100 -25900 -8700 -22100
Exports 48000 46700 47100 45200 50100 51500
Imports 61400 60900 67200 71100 58800 73600
Current Account 2.77 9.09 37.69 19.25 21.83 21.46
Current Account to GDP 3.7 1.5 1.5 1.5 1.1 1.2
External Debt 2266 1900 1850 1800 2360 1400
Capital Flows 23.96 41.59 22.7 51.69 29.56 34.33
Gold Reserves 2 2 2 2.01 2.01 2.01
Remittances 2771 1418 1338 1544 1463 1465
Terrorism Index 0.13 0.3 0.29 0.28 0.28 0.28
Tourist Arrivals 173061 185300 173200 176700 178200 177200
Foreign Direct Investment -131 -23 32 45 -468 55