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🇺🇸 United States vs 🇮🇸 Iceland

Live side-by-side comparison of government debt. The United States currently owes about 1750.6× as much as Iceland — a gap of $40.37 trillion. Updated every second from each country's baseline figure; sources below.

🇺🇸
United States
$40,397,699,907,590
Debt-to-GDP124%
Per citizen$117,833
Per second+$60,200
VS
🇮🇸
Iceland
$23,075,987,582
Debt-to-GDP57%
Per citizen$57,978
Per second+$49
In nominal terms, the United States carries the larger government debt — roughly 1750.6× that of Iceland, a difference of $40.37 trillion. Debt-to-GDP (United States: 124%, Iceland: 57%) says more about the burden than the raw total does.

Among the 135 governments tracked here, the United States ranks 12th by debt-to-GDP and Iceland 62nd. Measured per person, the United States is 2nd and Iceland 9th.

Analysis

By total government debt, the United States ranks 1st and Iceland 98th among the 135 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 government debt in the United States is roughly 2.0× that in Iceland ($117,833 vs $57,978 per person).

The debt-to-GDP picture is asymmetric here: the United States sits at 124% of GDP, well above Iceland's 57%, meaning the 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: the United States' debt is growing faster in dollar terms ($60K/sec vs $49/sec for Iceland), adding roughly $5,197,046,400 to the difference each day.

Scale is part of the story too: the United States' population (343M) is about 861.4× 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.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (October 2026, general government gross debt) and US Treasury data for the United States.
Live data: /api/compare?a=us&b=is · United States page · Iceland page
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