🇮🇸 Iceland National Debt Clock
Live tracker for Iceland government debt. The national debt currently stands at approximately $13.0 billion, growing at $0 every second based on IMF fiscal deficit projections. Debt-to-GDP: 56%. Per-citizen share: $35,135.
About Iceland's National Debt
Iceland rebuilt its public finances after the dramatic 2008 collapse of its oversized banking sector and years of capital controls, cutting its debt ratio substantially.
Iceland's debt-to-GDP ratio of 56% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Iceland ranks 110th of the 138 governments tracked here.
Iceland carries no net new borrowing at this rate, reflecting a budget surplus or a debt-reduction programme. Each of Iceland's 0 million citizens carries an individual share of approximately $35,135. That is above the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Iceland National Debt — Frequently Asked Questions
What is Iceland's national debt right now?
Iceland's national debt is approximately $13.0 billion as of July 29, 2026, growing at $0 per second. Its debt-to-GDP ratio is 56% and each citizen's share is about $35,135.
How fast is Iceland's debt growing?
Iceland's government debt grows at approximately $0 per second — about $0.0 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Iceland's debt per capita?
Each of Iceland's 0 million citizens carries a notional share of approximately $35,135 of the national debt.
What is Iceland's debt-to-GDP ratio?
Iceland's debt-to-GDP ratio is 56%. This is within a range generally considered fiscally sustainable.
Why is Iceland's government debt at this level?
Iceland rebuilt its public finances after the dramatic 2008 collapse of its oversized banking sector and years of capital controls, cutting its debt ratio substantially.
Compare Iceland vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Europe countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 13,000,000,000 + 0 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=is (live JSON) · /data/debt.json (full dataset)
Embed This Counter
Add a live Iceland debt counter to your website. Free for non-commercial use. Contact us for commercial licensing. Widget builder →
<iframe src="https://www.global-debt-clock.com/widget/?c=is" width="340" height="200" frameborder="0" style="border:1px solid #1a2535;border-radius:4px;"></iframe>
<p style="font-size:11px;color:#666;margin:4px 0 0;text-align:right"><a href="https://www.global-debt-clock.com/is/" target="_blank" rel="noopener" style="color:#888;text-decoration:none">Iceland National Debt — Live Counter</a></p>