Iceland vs Italy: International debt issues to GDP

Iceland
61.8%
in 2020
Italy
54.3%
in 2020
Iceland rank
23rd
Italy rank
26th

International debt issues to GDP over time

  • Iceland
  • Italy
0100200300400198020002020

How they compare

Iceland currently reports 61.8% against 54.3% in Italy, a difference of 7.5%.

That makes Iceland's figure about 1.1 times Italy's.

Across all 41 years both countries report, Iceland has been ahead every year.

Iceland ranks 23rd and Italy ranks 26th of 116 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Italy Difference Ahead
1980s 21.1% 2.4% 18.7% Iceland
1990s 62.3% 8.4% 53.9% Iceland
2000s 231.9% 37.1% 194.8% Iceland
2010s 127.7% 48.7% 79.0% Iceland
2020s 61.8% 54.3% 7.5% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher international debt issues to gdp, Iceland or Italy?
Iceland, at 61.8% against 54.3% in Italy as of 2020.
What is the difference in international debt issues to gdp between Iceland and Italy?
7.5%, with Iceland ahead.
How many years of comparable data are there for Iceland and Italy?
41 years are reported by both, from 1980 to 2020.
How do Iceland and Italy rank globally for international debt issues to gdp?
Iceland ranks 23rd and Italy ranks 26th of 116 countries.
Where does this data come from?
Bank for International Settlements (BIS), published as International debt issues to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Italy: International debt issues to GDP. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 31 August 2026, from https://financial-sector.statizoid.com/compare/international-debt-issues-to-gdp-percent/iceland/italy/

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About this data

Indicator
International debt issues to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
116 places, 2,874 data points, 1980–2020
Last refreshed

Total value of outstanding international debt issues both public and private, as a share of GDP. Offshore bank loan data from BIS Statistical Appendix Table 12A (Amount Outstanding): International debt securities - all issuers.