Iceland External Debt: % of GDP
Iceland External Debt accounted for 77.2 % of the country's Nominal GDP in 2019, compared with the ratio of 82.2 % in the previous year. Iceland External Debt: % of Nominal GDP data is updated yearly, available from Dec 1989 to Dec 2019. The data reached an all-time high of 936.0 % in Dec 2008 and a record low of 54.4 % in Dec 1990. CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. The Central Bank of Iceland provides External Debt in local currency based on BPM6. Statistics Iceland provides Nominal GDP in local currency based on ESA 2010. External Debt as % of Nominal GDP prior to 1995 is calculated from External Debt based on BPM5 and Nominal GDP based on ESA 1995.
In the latest reports of Iceland, Current Account recorded a deficit of 8.6 USD mn in Sep 2020. Foreign Direct Investment (FDI) fell by 679.1 USD mn in Sep 2020. Iceland Direct Investment Abroad fell by 616.2 USD mn in Sep 2020. Its Foreign Portfolio Investment fell by 384.3 USD mn in Sep 2020. The country's External Debt reached 19,092.2 in Sep 2020. The country's Nominal GDP was reported at 5.3 USD bn in Sep 2020.
View Iceland's External Debt: % of GDP from 1989 to 2019 in the chart:
What was Iceland's External Debt: % of GDP in 2019?
|77.2 2019||82.2 2018||54.4 1990||936.0 2008||%||yearly||1989 - 2019|
External Debt: % of GDP by Country Comparison
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|Albania (%)||60.4 2019||yearly||1991 - 2019|
|Algeria (%)||2.3 2018||yearly||1970 - 2018|
|Argentina (%)||62.6 2019||yearly||2004 - 2019|
|Armenia (%)||90.3 2019||yearly||2000 - 2019|
|Australia (%)||123.6 2019||yearly||1988 - 2019|
|Austria (%)||153.7 2019||yearly||1997 - 2019|
|Azerbaijan (%)||21.8 Jun 2020||quarterly||Dec 2001 - Jun 2020|
|Belarus (%)||65.4 Jun 2020||quarterly||Dec 2000 - Jun 2020|
|Belgium (%)||242.7 2019||yearly||2007 - 2019|
|Bolivia (%)||33.0 2019||yearly||2006 - 2019|
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Iceland Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-2.8 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-554.344 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|Tax Revenue (USD mn)||1,692.859 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Tax Revenue: % of GDP (%)||31.2 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|National Government Debt (USD mn)||17,203.9 2019||yearly||1998 - 2019|
|Government Debt: % of GDP (%)||69.0 2019||yearly||1998 - 2019|
|Forecast: Government Expenditure (ISK bn)||1,566.977 2025||yearly||1980 - 2025|
|Forecast: Government Net Debt (ISK bn)||1,911.483 2025||yearly||1982 - 2025|
|Forecast: Government Revenue (ISK bn)||1,382.117 2025||yearly||1980 - 2025|
|General Govt Revenue: Social Contributions (ISK bn)||25.950 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Revenue: Others (ISK bn)||41.817 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Expenditure (ISK bn)||318.717 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Expenditure: Compensation of Employees (ISK bn)||117.586 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Expenditure: Use of Goods and Services (ISK bn)||86.651 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Revenue (ISK bn)||318.632 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Revenue: Tax (ISK bn)||232.839 Sep 2020||quarterly||Mar 2004 - Sep 2020|
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