24Peaks / Europe / Iceland / Government Net Lending and Borrowing (% of GDP)

Iceland - Government Net Lending and Borrowing (% of GDP) -1.08

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

-1.08 (2023)

Global rank

##32 of 158 economies

Share of global total

0.5%

Growth since 1972

-1.8×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#14#322022 overtook Tanzania2023 overtook Costa Rica
IcelandNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. Iceland climbed from #14 to #32 (overtook Tanzania). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

1976
Climbed 15 places in global rank auto
1992
Climbed 19 places in global rank auto
1996
Climbed 17 places in global rank auto
2001
Fell 17 places in global rank auto
2003
Fell 16 places in global rank auto
2004
Climbed 27 places in global rank auto
2008
Fell 97 places in global rank auto
2012
Climbed 39 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1972-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19721987200220172023-11.23-3.354.5412.42

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