{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"is-government-debt-gdp","url":"https://apiardata.com/statistics/is-government-debt-gdp","html_url":"https://apiardata.com/statistics/is-government-debt-gdp/","title":"Iceland Central Government Debt (% of GDP) (2023)","description":"Iceland's Central Government Debt (% of GDP): 80.1 % of GDP in 2023, -5pp YoY. World Bank (GC.DOD.TOTL.GD.ZS), 1990–2023.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","World Bank","Iceland","2023"],"publisher":"World Bank","frequency":"Annual","geography":"Iceland","temporal_coverage":"1990/2023","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2023","variable_measured":"Iceland Central Government Debt (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GC.DOD.TOTL.GD.ZS?locations=IS"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1990–2023"},{"label":"Observations","value":"34"},{"label":"Geography","value":"Iceland"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Iceland (2023)","value":"80.1","unit":"% of GDP","trend":{"direction":"down","value":"-5pp YoY"}},{"label":"YoY Change","value":"-5pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"34","unit":"years of data"}],"series":[{"key":"value","label":"Iceland Central Government Debt (% of GDP)"}],"observation_count":34,"observations":[{"period":"1990","value":28.9040249028754},{"period":"1991","value":30.2575113175965},{"period":"1992","value":36.3773083496902},{"period":"1993","value":41.6073685299857},{"period":"1994","value":42.6148988162488},{"period":"1995","value":44.7793930745069},{"period":"1996","value":44.1501840514072},{"period":"1997","value":67.1605212693227},{"period":"1998","value":62.1963334175136},{"period":"1999","value":58.3418775384846},{"period":"2000","value":57.5281607671929},{"period":"2001","value":59.6429980173993},{"period":"2002","value":55.714632803046},{"period":"2003","value":53.8074063105902},{"period":"2004","value":47.8003800930389},{"period":"2005","value":83.2677822586796},{"period":"2006","value":85.9662539768117},{"period":"2007","value":83.0821198008625},{"period":"2008","value":128.506321494882},{"period":"2009","value":145.104759933745},{"period":"2010","value":148.777767489614},{"period":"2011","value":155.158764944293},{"period":"2012","value":150.774647210171},{"period":"2013","value":139.919746812041},{"period":"2014","value":134.408470670298},{"period":"2015","value":116.155544806503},{"period":"2016","value":101.938031553476},{"period":"2017","value":89.2469810873099},{"period":"2018","value":80.6816491232151},{"period":"2019","value":89.0165347839031},{"period":"2020","value":98.4737480563637},{"period":"2021","value":94.3257130314702},{"period":"2022","value":85.0901362266873},{"period":"2023","value":80.0942484071315}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2023","value":"80.1","yoyChange":"-5.0pp"},{"year":"2022","value":"85.1","yoyChange":"-9.2pp"},{"year":"2021","value":"94.3","yoyChange":"-4.2pp"},{"year":"2020","value":"98.5","yoyChange":"+9.5pp"},{"year":"2019","value":"89.0","yoyChange":"+8.3pp"},{"year":"2018","value":"80.7","yoyChange":"-8.5pp"},{"year":"2017","value":"89.2","yoyChange":"-12.7pp"},{"year":"2016","value":"101.9","yoyChange":"-14.3pp"},{"year":"2015","value":"116.2","yoyChange":"-18.2pp"},{"year":"2014","value":"134.4","yoyChange":"-5.5pp"},{"year":"2013","value":"139.9","yoyChange":"-10.9pp"},{"year":"2012","value":"150.8","yoyChange":"-4.4pp"},{"year":"2011","value":"155.2","yoyChange":"+6.4pp"},{"year":"2010","value":"148.8","yoyChange":"+3.7pp"},{"year":"2009","value":"145.1","yoyChange":"+16.6pp"},{"year":"2008","value":"128.5","yoyChange":"+45.4pp"},{"year":"2007","value":"83.1","yoyChange":"-2.9pp"},{"year":"2006","value":"86.0","yoyChange":"+2.7pp"},{"year":"2005","value":"83.3","yoyChange":"+35.5pp"},{"year":"2004","value":"47.8","yoyChange":"-6.0pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks central government debt as a share of GDP in Iceland from 1990 to present, as published by the World Bank. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2023. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1990–2023 (34 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 155.2 % of GDP in 2011 and reached its lowest recorded value of 28.9 in 1990. The latest reading of 80.1 in 2023 represents a change of -5pp."}]}