24Peaks / Europe / Iceland / Government Debt

Iceland - Government Debt 59.08

IMF Global Debt Database · updated 2026-10-03 · 88 economies tracked

Latest value

59.08 (2024)

Global rank

##57 of 88 economies

Share of global total

1.2%

Growth since 1950

4.06×

Ranking Race — Government Debt

1 = global #1 · lower value ranks higher

#1#15#29#43#57#71#85195019651980199520102024#3#572023 overtook Malaysia2024 overtook Israel
IcelandTurkmenistanKiribatiMicronesia, Fed. Sts.Marshall Islands

Real annual global ranks, 1950 - 2024. Iceland climbed from #3 to #57 (overtook Malaysia). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

1999
Fell 27 places in global rank auto
2023
Overtook Malaysia in global rank auto
2024
Overtook Israel in global rank auto

Government Debt, 1950-2024

IMF Global Debt Database · % of GDP · linear scale · ranking in the race above
1950196519801995201020244.9649.3793.77138.18
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