Equivalent to 232 Falcon 9 rocket launches if you prefer space exploration.
DebtClock.io
National Debt of Iceland
2,144,900,114,666 kr
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
46.47%
Latest year: 2024
Debt (nominal)
2,144,900,114,666 kr
ISK / USD toggle below
GDP (nominal)
4,616,063,604,929 kr
Latest year: 2024
Population
366,425
Latest year: 2024
Interest per Year
64,347,003,440 kr
≈ 2,039 kr / second
Debt per Citizen
5,853,586 kr
Based on latest pop
Inflation (CPI, %)
5.86%
Year: 2024
GDP growth (%, real)
0.52%
Year: 2024
Unemployment (%)
3.11%
Year: 2024
Budget balance (% GDP)
-1.09%
Year: 2023
Display currency
Toggle between local currency (ISK) and USD using latest snapshot FX.
Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Iceland Economy Snapshot
The economy of Iceland shows steady performance, with a nominal GDP of 4.6 trillion kr and average income of about 12,597,567 kr per person. Moderate inflation at 5.86%, while the economy posted weak growth of 0.52%. Very low unemployment around 3.11%, and the government runs a substantial 1.09% fiscal deficit. The current exchange rate is 0.01 USD/ISK.
| GDP (nominal) | 4,616,063,604,929 kr |
|---|---|
| GDP per capita | 12,597,567 kr |
| Inflation | 5.86% |
| GDP growth | 0.52% |
| Unemployment | 3.11% |
| Budget balance | -1.09% |
| FX (USD/ISK) | 0.01 |
Iceland Economy Facts
That equals about 51,829 family homes priced at $300,000 each.
Stacked $100 bills would reach 17 km high - halfway to the Moon.
