🇮🇸 Iceland vs 🇺🇸 United States

Analysis

By total government debt, Iceland ranks 100th-largest and United States ranks 1st-largest among the 137 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in United States is roughly 1.9× that in Iceland ($119,440 vs $61,958 per person).

The debt-to-GDP picture is asymmetric here: United States sits at 124% of GDP, well above Iceland's 56%, meaning United States owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: United States's debt is growing faster in dollar terms ($60K/sec vs $58/sec for Iceland), adding roughly $5,196,268,800 to the difference each day.

Scale is part of the story too: United States's population (336M) is about 908.2× Iceland's (0M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.