Iceland Government Debt to GDP 1980-2018 | Data | Chart | Calendar

Iceland recorded a government debt equivalent to 42.30 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Iceland averaged 47.45 percent from 1980 until 2017, reaching an all time high of 94.70 percent in 2011 and a record low of 23 percent in 1981.

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Iceland Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	42.30	52.80	94.70	23.00	percent	[+]
Government Budget	1.50	12.60	12.60	-13.00	percent of GDP	[+]
Government Budget Value	9.60	18.80	373.10	-206.30	ISK Billion	[+]
Government Spending	71623.00	74736.00	74736.00	45033.00	ISK Million	[+]
Government Spending to GDP	41.90	45.20	55.30	34.10	percent	[+]
Government Revenues	275.00	300.40	620.20	96.70	ISK Billion	[+]
Fiscal Expenditure	265.40	281.60	372.40	97.80	ISK Billion	[+]
Credit Rating	55.45					[+]
Asylum Applications	45.00	40.00	255.00	5.00	persons	[+]

Iceland Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iceland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	42.30	52.80	94.70	23.00	1980 - 2017	percent	Yearly

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government debt to GDP by Country

Country	Last		Previous	Highest	Lowest
Japan	253.00	Dec/17	250	253	50.6	%	Yearly
Italy	131.80	Dec/17	132	132	90.5	%	Yearly
United States	105.40	Dec/17	106	119	31.7	%	Yearly
Spain	98.30	Dec/17	99	100	16.6	%	Yearly
France	97.00	Dec/17	96.6	97	20.7	%	Yearly
Canada	89.60	Dec/17	92.4	101	45.1	%	Yearly
Euro Area	86.70	Dec/17	89	91.9	64.9	%	Yearly
United Kingdom	85.30	Dec/17	82.6	85.3	21.7	%	Yearly
Brazil	74.04	Dec/17	69.95	74.04	51.27	%	Yearly
India	68.70	Dec/17	69.6	84.2	66	%	Yearly
Germany	64.10	Dec/17	68.2	81	54.7	%	Yearly
Netherlands	56.70	Dec/17	61.8	73.5	42.7	%	Yearly
China	47.60	Dec/17	44.3	47.6	20.4	%	Yearly
Mexico	46.40	Dec/17	48.2	48.2	17.1	%	Yearly
Australia	41.90	Dec/17	41	41.9	9.7	%	Yearly
South Korea	38.00	Dec/17	38.3	38.3	8.24	%	Yearly
Switzerland	29.70	Dec/17	29.1	48.9	25.1	%	Yearly
Indonesia	28.70	Dec/17	27.9	87.43	22.96	%	Yearly
Turkey	28.30	Dec/17	28.3	76.1	27.6	%	Yearly
Russia	12.60	Dec/17	12.9	92.1	7.4	%	Yearly