Outstanding international private debt securities to GDP in Iceland
Iceland: Outstanding international private debt securities to GDP was 46.5% in 2020. ◆ Volatile
Outstanding international private debt securities to GDP in Iceland, 1980–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for outstanding international private debt securities to gdp in Iceland is 46.5%, measured in 2020.
Compared with earlier readings it is up 3.1% on the previous year and down 83.6% over ten years.
Over the whole period, outstanding international private debt securities to gdp in Iceland peaked at 373.6% in 2009 and was at its lowest, 1.8%, in 1981.
Iceland ranks 18th of 90 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding international private debt securities to GDP in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 2.0% | — |
| 1981 | 1.8% | -10.3% |
| 1982 | 1.9% | +5.5% |
| 1983 | 2.7% | +40.6% |
| 1984 | 2.5% | -6.0% |
| 1985 | 10.0% | +297.3% |
| 1986 | 15.8% | +58.4% |
| 1987 | 20.1% | +27.2% |
| 1988 | 20.8% | +3.2% |
| 1989 | 28.9% | +39.0% |
| 1990 | 33.2% | +15.1% |
| 1991 | 32.9% | -0.8% |
| 1992 | 35.8% | +8.7% |
| 1993 | 51.7% | +44.4% |
| 1994 | 52.4% | +1.4% |
| 1995 | 48.9% | -6.8% |
| 1996 | 46.3% | -5.2% |
| 1997 | 42.2% | -9.0% |
| 1998 | 52.3% | +24.1% |
| 1999 | 61.1% | +16.8% |
| 2000 | 79.6% | +30.2% |
| 2001 | 102.8% | +29.3% |
| 2002 | 104.7% | +1.8% |
| 2003 | 132.5% | +26.5% |
| 2004 | 197.4% | +49.0% |
| 2005 | 246.5% | +24.9% |
| 2006 | 316.2% | +28.2% |
| 2007 | 298.3% | -5.6% |
| 2008 | 310.5% | +4.1% |
| 2009 | 373.6% | +20.3% |
| 2010 | 284.0% | -24.0% |
| 2011 | 209.3% | -26.3% |
| 2012 | 143.1% | -31.6% |
| 2013 | 107.1% | -25.1% |
| 2014 | 85.6% | -20.1% |
| 2015 | 73.1% | -14.6% |
| 2016 | 54.2% | -25.8% |
| 2017 | 52.8% | -2.6% |
| 2018 | 48.9% | -7.5% |
| 2019 | 45.1% | -7.8% |
| 2020 | 46.5% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.6% | 1.8% | 28.9% | 10 |
| 1990s | 45.7% | 32.9% | 61.1% | 10 |
| 2000s | 216.2% | 79.6% | 373.6% | 10 |
| 2010s | 110.3% | 45.1% | 284.0% | 10 |
| 2020s | 46.5% | 46.5% | 46.5% | 1 |
Countries ranked near Iceland
More financial sector data for Iceland
- Net domestic credit (current LCU), per capita 11.64 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 118.35 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.23 million SDR (2025)
- Gold reserves at market value 203.48 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.94 billion SDR (2025)
- Reserves excluding gold 5.44 billion SDR (2025)
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
Frequently asked questions
- What is outstanding international private debt securities to gdp in Iceland?
- Outstanding international private debt securities to gdp in Iceland was 46.5% in 2020, according to Bank for International Settlements (BIS).
- What is the highest outstanding international private debt securities to gdp recorded in Iceland?
- The highest recorded value was 373.6% in 2009.
- What is the lowest outstanding international private debt securities to gdp recorded in Iceland?
- The lowest recorded value was 1.8% in 1981.
- How does Iceland rank for outstanding international private debt securities to gdp?
- Iceland ranks 18th out of 90 countries with data for 2020.
- Is outstanding international private debt securities to gdp rising or falling in Iceland?
- Over the last ten years it is down 83.6%. 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 Outstanding international private debt securities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Amount of private international debt securities (amounts outstanding), as a share of GDP. It covers long-term bonds and notes and money market instruments placed on international markets. (Table 12A (international debt amount: all issuers) - Table 12D (international 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 intenational private 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.