International debt issues to GDP in Iceland

Iceland: International debt issues to GDP was 61.8% in 2020. β—† Volatile

Latest (2020)
61.8%
Change on year
up 8.9%
World rank
23rd
of 116 countries
All-time high
389.1%
in 2009
All-time low
9.2%
in 1981
Years of data
41
1980–2020

International debt issues to GDP in Iceland, 1980–2020

01002003004001980200020201980: 9.3 %1981: 9.2 %1982: 10.7 %1983: 15.1 %1984: 13.2 %1985: 24.1 %1986: 27.9 %1987: 30.7 %1988: 29.7 %1989: 41.1 %1990: 44 %1991: 42.9 %1992: 46.5 %1993: 68.8 %1994: 74 %1995: 71.2 %1996: 68.8 %1997: 61.6 %1998: 68.8 %1999: 76.3 %2000: 95.5 %2001: 123.8 %2002: 127.1 %2003: 151.6 %2004: 213.6 %2005: 255 %2006: 330.9 %2007: 310.1 %2008: 322.7 %2009: 389.1 %2010: 301.9 %2011: 229.5 %2012: 168.7 %2013: 130.7 %2014: 110.4 %2015: 91.9 %2016: 64.9 %2017: 64.5 %2018: 58.1 %2019: 56.7 %2020: 61.8 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

The most recent figure for international debt issues to gdp in Iceland is 61.8%, measured in 2020.

Compared with earlier readings it is up 8.9% on the previous year and down 79.5% over ten years.

Over the whole period, international debt issues to gdp in Iceland peaked at 389.1% in 2009 and was at its lowest, 9.2%, in 1981.

Iceland ranks 23rd of 116 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 21.1% 9.2% 41.1% 10
1990s 62.3% 42.9% 76.3% 10
2000s 231.9% 95.5% 389.1% 10
2010s 127.7% 56.7% 301.9% 10
2020s 61.8% 61.8% 61.8% 1

Countries ranked near Iceland

  1. 20 Belgium 63.0% compare
  2. 21 United Arab Emirates 63.0% compare
  3. 22 Canada 62.1% compare
  4. 24 Greece 57.1% compare
  5. 25 Oman 54.8% compare
  6. 26 Italy 54.3% compare

See the full ranking of 116 places β†’

More financial sector data for Iceland

All data for Iceland β†’

Frequently asked questions

What is international debt issues to gdp in Iceland?
International debt issues to gdp in Iceland was 61.8% in 2020, according to Bank for International Settlements (BIS).
What is the highest international debt issues to gdp recorded in Iceland?
The highest recorded value was 389.1% in 2009.
What is the lowest international debt issues to gdp recorded in Iceland?
The lowest recorded value was 9.2% in 1981.
How does Iceland rank for international debt issues to gdp?
Iceland ranks 23rd out of 116 countries with data for 2020.
Is international debt issues to gdp rising or falling in Iceland?
Over the last ten years it is down 79.5%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Bank for International Settlements (BIS), published as part of International debt issues to GDP (%). Statizoid updates them automatically from the source API.

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International debt issues to GDP in Iceland. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/international-debt-issues-to-gdp-percent/iceland/

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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.