Iceland vs Norway: Outstanding domestic public debt securities to GDP

Iceland
36.4%
in 2020
Norway
25.1%
in 2020
Iceland rank
22nd
Norway rank
25th

Outstanding domestic public debt securities to GDP over time

  • Iceland
  • Norway
1020304050198720032020

How they compare

Iceland currently reports 36.4% against 25.1% in Norway, a difference of 11.3%.

That makes Iceland's figure about 1.5 times Norway's.

The two have swapped places 6 times across 26 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 22nd and Norway ranks 25th of 32 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 20.7% 17.6% 3.1% Iceland
2000s 15.3% 14.8% 0.5% Iceland
2010s 40.4% 18.7% 21.7% Iceland
2020s 36.4% 25.1% 11.3% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher outstanding domestic public debt securities to gdp, Iceland or Norway?
Iceland, at 36.4% against 25.1% in Norway as of 2020.
What is the difference in outstanding domestic public debt securities to gdp between Iceland and Norway?
11.3%, with Iceland ahead.
How many years of comparable data are there for Iceland and Norway?
26 years are reported by both, from 1995 to 2020.
How do Iceland and Norway rank globally for outstanding domestic public debt securities to gdp?
Iceland ranks 22nd and Norway ranks 25th of 32 countries.
Where does this data come from?
Bank for International Settlements (BIS), published as Outstanding domestic public debt securities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Norway: Outstanding domestic public debt securities to GDP. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/outstanding-domestic-public-debt-securities-to-gdp-percent/iceland/norway/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/outstanding-domestic-public-debt-securities-to-gdp-percent/iceland/norway/">Iceland vs Norway: Outstanding domestic public debt securities to GDP</a> — Statizoid

About this data

Indicator
Outstanding domestic public debt securities to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 728 data points, 1980–2020
Last refreshed

Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.