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Iceland - General government gross debt as a share of GDP

40.0 (%) in 2017

Iceland government gross debt as a share of GDP was at level of 40 % in 2017, down from 51.7 % previous year.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Iceland government gross debt as a share of GDP?

Date Value Change, %
2017 40.0 -22.71 %
2016 51.7 -21.67 %
2015 66.0 -17.22 %
2014 79.7 -2.52 %
2013 81.8 -8.48 %
2012 89.4 -2.89 %
2011 92.0 7.79 %
2010 85.4 5.51 %
2009 80.9 22.34 %
2008 66.1 144.50 %
2007 27.1 -6.72 %
2006 29.0