Iceland (2024)
18
% of GDP
+1.3pp YoY
YoY Change
+1.3pp
percentage points
Trend
up
Series length
21
years of data

Data

Iceland Government Loan Liabilities (% of GDP) (2024) — source data. Eurostat.
Year % of GDP YoY Change
2024 18 +1.3pp
2023 16.7 -1.9pp
2022 18.6 -2.4pp
2021 21 +0.8pp
2020 20.2 +3.1pp
2019 17.1 +1.8pp
2018 15.3 -1.8pp
2017 17.1 -2.7pp
2016 19.8 -6.6pp
2015 26.4 -10.6pp
2014 37 -2.7pp
2013 39.7 -5.4pp
2012 45.1 -3.4pp
2011 48.5 +5.4pp
2010 43.1 -2.1pp
2009 45.2 -3.5pp
2008 48.7 +28.6pp
2007 20.1 -1.7pp
2006 21.8 +5.6pp
2005 16.2 -7.9pp

About this Dataset

Iceland recorded 18 % of GDP in 2024. The latest change was +1.3pp. Across 2004–2024 the series ranges from 15.3 in 2018 to 48.7 in 2008.

This page tracks general government loan liabilities (direct borrowing from banks and institutions) as a share of GDP in Iceland from 2000 to present.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks general government loan liabilities (direct borrowing from banks and institutions) as a share of GDP in Iceland from 2000 to present. It is published by Eurostat and updated annually.

The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2004–2024 (21 observations).

The series peaked at 48.7 % of GDP in 2008 and reached its lowest recorded value of 15.3 in 2018. The latest reading of 18 in 2024 represents a change of +1.3pp.