Iceland Total External Debt  Forecast


External Debt in Iceland is expected to be 2562964.94 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 2751891.49 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 Total External Debt
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Iceland Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -9600 -14264 -7480 -9168 -7574 -4110
Exports 46000 43346 42708 42212 41874 38913
Imports 55000 59141 57249 57050 56736 53798
Current Account 16.29 43.51 36.73 24.14 17.84 13.33
Current Account to GDP 8 4.6 4.6 4.5 4.5 4
External Debt 2558252 2562965 2608187 2659787 2751891 3824960
Capital Flows -3.92 2.63 -46.05 -29.39 -19.85 -11.55
Gold Reserves 1.98 1.98 1.98 1.98 1.98 1.98
Foreign Direct Investment -22404 -10748 -25305 -12661 -7192 10799
Remittances 753 319 344 362 346 346
Terrorism Index 0.25 0.85 1.02 0.86 0.71 0.81
Tourist Arrivals 146429 143966 147424 146284 145795 146154